Escape Newport, LLC
Escape Newport, LLC is located in Mountain Lakes, NJ, and the SBA lists its industry as All Other Amusement and Recreation Industries. It was approved for an SBA 7(a) loan of $3,901,000 for a change of ownership on January 29, 2026.
SBA 7(a) loan, change of ownership, approved Jan 29, 2026
- Gross approval
- $3,901,000
- SBA-guaranteed amount
- $2,925,750 (75% of the approval)
- Lender
- Fifth Third Bank, Cincinnati, OH
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9.25%, fixed
- Term
- 10 years (120 months)
- Estimated maturity
- January 29, 2036 (estimated, approval date plus term)
- Estimated monthly payment
- $49,946 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Apr 1, 2026
- Loan status
- Status not reported (SBA exemption)
- Business type
- Corporation
- NAICS
- 713990, All Other Amusement and Recreation Industries
- Project location
- Morris County, NJ
- SBA district office
- Kentucky District Office
- Congressional district
- NJ-11
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 94% of acquisition loans in All Other Amusement and Recreation Industries on this site.
- Average acquisition loan in All Other Amusement and Recreation Industries: $1,649,888.
- 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.
Is this your company? Claim or correct this listing. See Corrections.
Same industry in New Jersey
- Launch Family Entertainment, Woodbury
- Singing Frog LLC DBA Songbird Karaoke, Collingswood
- Black Diamond Billiards, Union