New Vision Hospitality Llc
800 National Pkwy, Schaumburg, IL 60173 · Hotels (except Casino Hotels) and Motels (NAICS 721110)
Loan Summary
Source: SBA FOIA Loan-Level DataTotal Loans
1
Total Amount
$5.0M
Jobs Supported
38
Years Active
2024
Loan History (1)
Source: SBA FOIA7(a)$5,000,000
Exempt
- Approved
- Jul 31, 2024 (FY2024)
- SBA Guaranteed
- $3,750,000 (75%)
- Term
- 300 months (25.0 yrs)
- Interest Rate
- 9.75%
- Revolver
- 0
- Jobs Supported
- 38
- Business Type
- Corporation
- Business Age
- Existing or More Than 2 Years Old
- Industry
- Hotels (except Casino Hotels) and Motels (NAICS 721110)
Lender
Millennium Bank
2077 Miner St, Des Plaines, IL 60016
Project Location
Cook County, IL
Business Details
- Business Type
- Corporation
- Business Age
- Existing or More Than 2 Years Old
- NAICS Code
- 721110 — Hotels (except Casino Hotels) and Motels
- Address
- 800 National Pkwy
Schaumburg, IL 60173
Lender
- Millennium Bank
- 2077 Miner St, Des Plaines, IL 60016