Main Street Registry

Launch Family Entertainment

Woodbury, NJ · All Other Amusement and Recreation Industries · NAICS 713990

Launch Family Entertainment, located in Woodbury, NJ, operates in the All Other Amusement and Recreation Industries (NAICS 713990). The company was financed with an SBA 7(a) loan for a change of ownership totaling $1.4 million, approved on November 19, 2025 by The Bancorp Bank National Association.

SBA 7(a) loan, change of ownership, approved Nov 19, 2025

$1,429,500 approvedLender: The Bancorp Bank National Association10 years termStatus not reported (SBA exemption)Loan details
Gross approval
$1,429,500
SBA-guaranteed amount
$1,072,125 (75% of the approval)
Lender
The Bancorp Bank National Association, Sioux Falls, SD
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
8.5%, variable
Term
10 years (120 months)
Estimated maturity
November 19, 2035 (estimated, approval date plus term)
Estimated monthly payment
$17,724 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Dec 16, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
50
Business type
Corporation
NAICS
713990, All Other Amusement and Recreation Industries
Franchise
Launch Family Entertainment
Project location
Gloucester County, NJ
SBA district office
New Jersey District Office
Congressional district
NJ-01
Collateral
Yes
Guaranteed portion sold on secondary market
Not reported as sold
Revolving line of credit
No (term loan)
  • Larger than 56% 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.

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Same industry in New Jersey