# PPP loan: RAL HOSPITALITY GROUP INC.
> **$626K** approved 01/21/2021 · Paid in Full · Loan `2743368309`
## Borrower
- **Name:** RAL HOSPITALITY GROUP INC.
- **Address:** 183 Riverside Ave, Red Bank, NJ, 07701-1015
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $626K
- **Initial approval:** $626K
- **Forgiven:** $628K (100%)
- **Forgiveness date:** 06/15/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $626K
- **Utilities:** $1
- **Jobs reported:** 62
## Lender
- **Originating:** Provident Bank
- **Servicing:** Provident Bank (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*