PPP Loan information for Raleigh hotel xxix owner llc

$1,528,300

Raleigh hotel xxix owner llc was initially approved for PPP Loan of amount $1,528,300, the current approved amount is $1,528,300. The loan was approved on 02/03/2021 by The Mid Penn Bank reported 115 jobs and $1,528,300 was used to fund payroll.

Raleigh hotel xxix owner llc is Existing or more than 2 years old

PPP Loan Search / NC / Raleigh / Raleigh hotel xxix owner llc

RALEIGH HOTEL XXIX OWNER LLC

Date Approved

02/03/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

RALEIGH HOTEL XXIX OWNER LLC

Borrower Address

421 S Salisbury St

Borrower City

Raleigh

Borrower State

NC

Borrower Zip

27601-1730

Loan Status Date

11/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1528300.00

Current Approval Amount

1528300.00

Undisbursed Amount

0.00

Franchise Name

Sheraton

Servicing Lender Location Id

61087

Servicing Lender Name

Mid Penn Bank

Servicing Lender Address

349 Union St

Servicing Lender City

MILLERSBURG

Servicing Lender State

PA

Servicing Lender Zip

17061-1611

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Raleigh

Project County Name

WAKE

Project State

NC

Project Zip

27601-1730

CD

NC-02

Jobs Reported

115

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1528296.00

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

61087

Originating Lender

Mid Penn Bank

Originating Lender City

MILLERSBURG

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1538573.57

Forgiveness Date

10/06/2021

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