As part of the Paycheck Protection Program RGT NEWARK HOTEL LLC 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.

RGT NEWARK HOTEL LLC


Loan Amount	$1,617,771
BusinessName	RGT NEWARK HOTEL LLC
Address	128 Frontage Rd
City	NEWARK
State	NJ
Zip	7114
NAICSCode	721110
BusinessType	Limited Liability Company(LLC)
RaceEthnicity	Unanswered
Gender	Unanswered
Veteran	Unanswered
NonProfit
JobsReported	189
DateApproved	04/10/2020
Lender	Axos Bank
CD	NJ-10
BusinessName.clean	RGT NEWARK HOTEL

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.

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RH2 ENGINEERING