Rgt Newark Hotel LLC

$1,617,771 PPP Loan in Newark, New Jersey

Loan Details

Loan Number
2450887105
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$1,617,771
Current Approval
$1,617,771
Forgiveness Amount
$1,639,179
Forgiveness Date
Aug 10, 2021
Term
24 months
Draw
First Draw

Business Information

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

Loan Use Breakdown

Payroll
$1,213,328
Mortgage Interest
$404,443

Lender Information

Servicing Lender
Loan Source Incorporated
Originating Lender
Axos Bank

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