PPP Loan information for Rgt newark hotel llc

$1,617,771

Rgt newark hotel llc was initially approved for PPP Loan of amount $1,617,771, the current approved amount is $1,617,771. The loan was approved on 04/10/2020 by The Loan Source Incorporated reported 189 jobs and $1,617,771 was used to fund payroll.

Rgt newark hotel llc is New Business or 2 years or less

RGT NEWARK HOTEL LLC

Date Approved

04/10/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

RGT NEWARK HOTEL LLC

Borrower Address

128 Frontage Rd

Borrower City

NEWARK

Borrower State

NJ

Borrower Zip

07114

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1617771.00

Current Approval Amount

1617771.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

NEWARK

Project County Name

ESSEX

Project State

NJ

Project Zip

07114-0001

CD

NJ-10

Jobs Reported

189

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1213328.00

Mortgage Interest Proceed

404443.00

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

1639178.76

Forgiveness Date

08/10/2021

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