Karim's Hospitality INC

$161,052 PPP Loan in Niles, Illinois

Loan Details

Loan Number
5185418309
Date Approved
Jan 25, 2021
Loan Status
Paid in Full
Initial Approval
$161,052
Current Approval
$161,053
Forgiveness Amount
$162,708
Forgiveness Date
Feb 3, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
Karim's Hospitality INC
Address
7247 N Waukegan Rd
City
Niles
ZIP Code
60714-4335
Business Type
Corporation
Industry (NAICS)
Accommodation and Food Services (721110)
Franchise
Holiday Inn Express (license Agreement)
Business Age
Existing or more than 2 years old
Jobs Reported
20
Estimated Revenue
$6.3M
Rural/Urban
Urban
Congressional District
IL-09

Loan Use Breakdown

Payroll
$161,050
Utilities
$1

Lender Information

Servicing Lender
Old National Bank
Originating Lender
First Midwest Bank, a Division of Old National Bank

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