PPP Loan information for Ral hospitality group, inc.

$446,495

Ral hospitality group, inc. was initially approved for PPP Loan of amount $446,495, the current approved amount is $446,495. The loan was approved on 04/14/2020 by The Lakeland Bank reported 72 jobs and $446,495 was used to fund payroll.

Ral hospitality group, inc. is Existing or more than 2 years old

PPP Loan Search / NJ / RED BANK / Ral hospitality group, inc.

RAL HOSPITALITY GROUP, INC.

Date Approved

04/14/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

RAL HOSPITALITY GROUP, INC.

Borrower Address

183 RIVERSIDE AVE

Borrower City

RED BANK

Borrower State

NJ

Borrower Zip

07701-1015

Loan Status Date

01/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

446495.00

Current Approval Amount

446495.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45621

Servicing Lender Name

Lakeland Bank

Servicing Lender Address

2717 Rte 23 South

Servicing Lender City

NEWFOUNDLAND

Servicing Lender State

NJ

Servicing Lender Zip

07435-1441

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

RED BANK

Project County Name

MONMOUTH

Project State

NJ

Project Zip

07701-1015

CD

NJ-06

Jobs Reported

72

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

30495.00

Payroll Proceed

336000.00

Mortgage Interest Proceed

20000.00

Rent Proceed

60000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

45621

Originating Lender

Lakeland Bank

Originating Lender City

NEWFOUNDLAND

Originating Lender State

NJ

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

449369.69

Forgiveness Date

12/08/2020

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