EB Biz LLC
EB Biz LLC is a full-service restaurant business located in East Brunswick, New Jersey, operating under the Denny's franchise name. The business was financed with an SBA 7(a) loan for a change of ownership, with a loan amount of $500,000 from Columbia Bank and an approval date of March 5, 2026.
SBA 7(a) loan, change of ownership, approved Mar 5, 2026
$500,000 approvedLender: Columbia Bank10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $500,000
- SBA-guaranteed amount
- $375,000 (75% of the approval)
- Lender
- Columbia Bank, Fair Lawn, NJ
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- March 5, 2036 (estimated, approval date plus term)
- Estimated monthly payment
- $6,334 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- May 21, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 9
- Business type
- Corporation
- NAICS
- 722511, Full-Service Restaurants
- Franchise
- Denny's
- Project location
- Middlesex County, NJ
- SBA district office
- New Jersey District Office
- Congressional district
- NJ-06
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Average acquisition loan in Full-Service Restaurants: $1,319,601.
- Average acquisition loan in New Jersey: $1,626,307.
Loan amounts are the SBA approval, not a purchase price. Figures labeled estimated are derived on this site and are not published by the SBA.
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