PPP Loan information for Rgt newark hotel llc

$2,000,000

Rgt newark hotel llc was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 03/27/2021 by The Axos Bank reported 189 jobs and $2,000,000 was used to fund payroll.

Rgt newark hotel llc is Existing or more than 2 years old

PPP Loan Search / NJ / Newark / Rgt newark hotel llc

RGT NEWARK HOTEL LLC

Date Approved

03/27/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

RGT NEWARK HOTEL LLC

Borrower Address

128 Frontage Rd

Borrower City

Newark

Borrower State

NJ

Borrower Zip

07114-3721

Loan Status Date

04/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

DoubleTree by Hilton

Servicing Lender Location Id

124650

Servicing Lender Name

Axos Bank

Servicing Lender Address

4350 La Jolla Village Dr, Ste 140

Servicing Lender City

SAN DIEGO

Servicing Lender State

CA

Servicing Lender Zip

92122-1244

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Newark

Project County Name

ESSEX

Project State

NJ

Project Zip

07114-3721

CD

NJ-10

Jobs Reported

189

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1999997.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

124650

Originating Lender

Axos Bank

Originating Lender City

SAN DIEGO

Originating Lender State

CA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2020500.00

Forgiveness Date

04/05/2022

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