As part of the Paycheck Protection Program RACEWAY PETROLEUM INC was approved for a loan.

The Paycheck Protection Program (PPP) incentivized business owners to continue paying their workers during the pandemic. In late December 2020, a new PPP bill authorized additional funding for the program.

RACEWAY PETROLEUM INC


Loan Amount	$988,100
BusinessName	RACEWAY PETROLEUM INC
Address	1411 Stelton Road
City	PISCATAWAY
State	NJ
Zip	8854
NAICSCode	424720
BusinessType	Corporation
RaceEthnicity	Unanswered
Gender	Unanswered
Veteran	Unanswered
NonProfit
JobsReported	141
DateApproved	04/15/2020
Lender	BCB Community Bank
CD	NJ-06
BusinessName.clean	RACEWAY PETROLEUM

Data Sources

The data come from a release of over 5 million records by the SBA in November, 2020.

Who Could Apply?

Entities affected by Coronavirus (COVID-19) may have been eligible, including:

Small businesses that met SBA’s size standards
Sole proprietors, independent contractors, and self-employed persons

More info about the PPP is available from the Small Business Administration.

Other Organizations with PPP Loans

RACEWAY RESTAURANTS
RACHEL CONTRACTING
ASHLEY
7HILLS TRANSPORT
ASHLEYS BUSINESS SOLUTIONS