Main Street Registry

Rw Pizza, LLC T/a Dominos

Wildwood, NJ · Limited-Service Restaurants · NAICS 722513

Rw Pizza, LLC T/a Dominos is a limited-service restaurant located in Wildwood, NJ, in the limited-service restaurants industry. The company was financed with an SBA 7(a) loan for a change of ownership in the amount of $797,200, approved on November 9, 2023 by The Bancorp Bank National Association. The business is a Domino's Pizza franchise, and the loan supported 45 jobs.

SBA 7(a) loan, change of ownership, approved Nov 9, 2023

$797,200 approvedLender: The Bancorp Bank National Association10 years termStatus not reported (SBA exemption)Loan details
Gross approval
$797,200
SBA-guaranteed amount
$597,900 (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
9.5%, variable
Term
10 years (120 months)
Estimated maturity
November 9, 2033 (estimated, approval date plus term)
Estimated monthly payment
$10,316 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Dec 1, 2023
Loan status
Status not reported (SBA exemption)
Jobs supported
45
Business type
Corporation
NAICS
722513, Limited-Service Restaurants
Franchise
Domino's Pizza
Project location
Cape May County, NJ
SBA district office
New Jersey District Office
Congressional district
NJ-02
Collateral
Yes
Guaranteed portion sold on secondary market
Not reported as sold
Revolving line of credit
No (term loan)
  • Larger than 38% of acquisition loans in Limited-Service Restaurants on this site.
  • Average acquisition loan in Limited-Service Restaurants: $1,303,660.
  • 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