Ral Hospitality Group, Inc.

$446,495 PPP Loan in Red Bank, New Jersey

Loan Details

Loan Number
6231067104
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$446,495
Current Approval
$446,495
Forgiveness Amount
$449,370
Forgiveness Date
Dec 8, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Ral Hospitality Group, Inc.
Address
183 Riverside Ave
ZIP Code
07701-1015
Business Type
Corporation
Industry (NAICS)
Accommodation and Food Services (722511)
Business Age
Existing or more than 2 years old
Jobs Reported
72
Estimated Revenue
$12.8M
Rural/Urban
Urban
Congressional District
NJ-06

Loan Use Breakdown

Payroll
$336,000
Rent
$60,000
Utilities
$30,495
Mortgage Interest
$20,000

Lender Information

Servicing Lender
Provident Bank
Originating Lender
Provident Bank

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