As part of the Paycheck Protection Program RALEIGH HOTEL XXIX OWNER, 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.

RALEIGH HOTEL XXIX OWNER, LLC


Loan Amount	$1,091,600
BusinessName	RALEIGH HOTEL XXIX OWNER, LLC
Address	421 SALISBURY ST
City	RALEIGH
State	NC
Zip	27601
NAICSCode	721110
BusinessType	Limited Liability Company(LLC)
RaceEthnicity	Unanswered
Gender	Unanswered
Veteran	Unanswered
NonProfit
JobsReported	146
DateApproved	04/06/2020
Lender	Mid Penn Bank
CD	NC-04
BusinessName.clean	RALEIGH HOTEL XXIX OWNER

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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