Rgt Newark Hotel LLC

$2,000,000 PPP Loan in Newark, New Jersey

Loan Details

Loan Number
1268168706
Date Approved
Mar 27, 2021
Loan Status
Paid in Full
Initial Approval
$2,000,000
Current Approval
$2,000,000
Forgiveness Amount
$2,020,500
Forgiveness Date
Apr 5, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
Rgt Newark Hotel LLC
Address
128 Frontage Rd
City
Newark
ZIP Code
07114-3721
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Accommodation and Food Services (721110)
Franchise
Doubletree by Hilton
Business Age
Existing or more than 2 years old
Jobs Reported
189
Estimated Revenue
$59.1M
Rural/Urban
Urban
Congressional District
NJ-10

Loan Use Breakdown

Payroll
$1,999,997
Utilities
$1

Lender Information

Servicing Lender
Axos Bank
Originating Lender
Axos Bank

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