PPP Loan information for Karim hospitality inc

$115,038

Karim hospitality inc was initially approved for PPP Loan of amount $115,038, the current approved amount is $115,038. The loan was approved on 04/10/2020 by The Old National Bank reported 1 jobs and $115,038 was used to fund payroll.

Karim hospitality inc is Existing or more than 2 years old

KARIM HOSPITALITY INC

Date Approved

04/10/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

KARIM HOSPITALITY INC

Borrower Address

7247 N Waukegan Rd

Borrower City

Niles

Borrower State

IL

Borrower Zip

60714-4335

Loan Status Date

07/30/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

115037.50

Current Approval Amount

115037.50

Undisbursed Amount

0.00

Franchise Name

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

N

Business Age Description

Existing or more than 2 years old

Project City

Niles

Project County Name

COOK

Project State

IL

Project Zip

60714-4335

CD

IL-09

Jobs Reported

1

NAICS Code

721110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

115037.50

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

Corporation

Originating Lender Location Id

21641

Originating Lender

Old National Bank

Originating Lender City

EVANSVILLE

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

116334.87

Forgiveness Date

05/24/2021

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