Date Approved
01/25/2021
SBA Office Code
0507
Processing Method
PPS
Borrower Name
KARIM'S HOSPITALITY INC
Borrower Address
7247 N Waukegan Rd
Borrower City
Niles
Borrower State
IL
Borrower Zip
60714-4335
Loan Status Date
02/11/2022
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
161052.00
Current Approval Amount
161052.50
Undisbursed Amount
0.00
Franchise Name
Holiday Inn Express (License Agreement)
Servicing Lender Location Id
21641
Servicing Lender Name
Old National Bank
Servicing Lender Address
One Main St
Servicing Lender City
EVANSVILLE
Servicing Lender State
IN
Servicing Lender Zip
47708-1449
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
COOK
Project State
Project Zip
CD
IL-09
Jobs Reported
20
NAICS Code
721110
Race
Unanswered
Ethnicity
Not Hispanic or Latino
Utilities Proceed
1.00
Payroll Proceed
161049.50
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
162707.76
Forgiveness Date
02/03/2022