Varniraj Hotels Llc
1908 N Lincoln Ave, Urbana, IL 61801 · Hotels (except Casino Hotels) and Motels (NAICS 721110)
Loan Summary
Source: SBA FOIA Loan-Level DataTotal Loans
1
Total Amount
$2.7M
Jobs Supported
11
Years Active
2024
Loan History (1)
Source: SBA FOIA7(a)$2,718,700
Exempt
- Approved
- Feb 14, 2024 (FY2024)
- SBA Guaranteed
- $2,039,025 (75%)
- Term
- 309 months (25.8 yrs)
- Interest Rate
- 10.25%
- Revolver
- 0
- Jobs Supported
- 11
- 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
Champaign 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
- 1908 N Lincoln Ave
Urbana, IL 61801
Lender
- Millennium Bank
- 2077 Miner St, Des Plaines, IL 60016