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FARAZ INC.

Company Details

Entity Name: FARAZ INC.
Jurisdiction: Illinois
Entity Type: Corporation - Domestic BCA
Status: Goodstanding
Date Formed: 12 Jun 1997
Company Number: CORP_59458736
File Number: 59458736
Type of Business: Wholesale and Retail
Address 232 E 47TH ST 1ST, CHICAGO, IL, 60653
Place of Formation: ILLINOIS

Agent

Name and Address Role Appointment Date
SYED S HASSAN, 1795 W CORTLAND CT STE A, ADDISON, 60101, DU PAGE Agent 2024-03-19

Secretary

Name and Address Role Account Number
SYED S HASSAN 1795 W CORTLANDCT, SUITE A ADDISON IL, 60101 Secretary 57248

President

Name and Address Role Account Number
SYED S HASSAN 1795 W CORTLANDCT, SUITE A ADDISON IL, 60101 President 57248

License

License Type License Number Status License Code License Description Business Activity Date Issued Effective Date Expiration Date
BUSINESS LICENSE 2896202 Issued 1010 Limited Business License 911 - Retail Sales of Clothing / Accessories / Shoes 2023-03-09 2023-03-09 2025-01-15
BUSINESS LICENSE 53874 Issued 1010 Limited Business License 911 - Retail Sales of Clothing / Accessories / Shoes 2022-08-09 2021-01-16 2023-01-15
BUSINESS LICENSE 1447494 Issued 1010 Limited Business License 911 - Retail Sales of Clothing / Accessories / Shoes 2019-03-27 2019-01-16 2021-07-15
BUSINESS LICENSE 2501706 Issued 1010 Limited Business License 911 - Retail Sales of Clothing / Accessories / Shoes 2016-12-13 2016-12-13 2019-01-15
BUSINESS LICENSE 2470366 Issued 1010 Limited Business License 911 - Retail Sales of Clothing / Accessories / Shoes 2016-06-09 2016-06-09 2015-01-15
BUSINESS LICENSE 1517554 Issued 1010 Limited Business License No data 2007-01-09 2007-02-16 2009-01-15
BUSINESS LICENSE 1442453 Cancelled 1010 Limited Business License No data 2005-04-04 2005-02-16 2006-02-15
BUSINESS LICENSE 53875 Issued 1010 Limited Business License No data 2002-09-30 2002-09-30 1901-01-01

Shares

Class Series Voting Rights Authorized Shares Issued Shares Par Value
COMMON No data Voting Rights 1000 100000 10

Paycheck Protection Program

Loan Number Loan Funded Date SBA Origination Office Code Loan Delivery Method Borrower Street Address
7753367200 2020-04-28 0507 PPP 240 CORTLAND AVE, LOMBARD, IL, 60148-1219
Loan Status Date 2021-05-13
Loan Status Paid in Full
Loan Maturity in Months 24
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 30795
Loan Approval Amount (current) 30795
Undisbursed Amount 0
Franchise Name -
Lender Location ID 20282
Servicing Lender Name Old Second National Bank
Servicing Lender Address 37 S River St, AURORA, IL, 60506-4173
Rural or Urban Indicator U
Hubzone N
LMI N
Business Age Description Existing or more than 2 years old
Project Address LOMBARD, DUPAGE, IL, 60148-1219
Project Congressional District IL-03
Number of Employees 6
NAICS code 448190
Borrower Race Asian
Borrower Ethnicity Not Hispanic or Latino
Business Type Corporation
Originating Lender ID 21804
Originating Lender Name Old Second National Bank
Originating Lender Address Lombard, IL
Gender Male Owned
Veteran Non-Veteran
Forgiveness Amount 31092.69
Forgiveness Paid Date 2021-04-14
4874558502 2021-02-26 0507 PPS 232 E 47th St, Chicago, IL, 60653-3904
Loan Status Date 2021-08-06
Loan Status Paid in Full
Loan Maturity in Months 60
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 9321
Loan Approval Amount (current) 9321
Undisbursed Amount 0
Franchise Name -
Lender Location ID 20282
Servicing Lender Name Old Second National Bank
Servicing Lender Address 37 S River St, AURORA, IL, 60506-4173
Rural or Urban Indicator U
Hubzone Y
LMI Y
Business Age Description Existing or more than 2 years old
Project Address Chicago, COOK, IL, 60653-3904
Project Congressional District IL-07
Number of Employees 3
NAICS code 448190
Borrower Race Asian
Borrower Ethnicity Not Hispanic or Latino
Business Type Corporation
Originating Lender ID 21804
Originating Lender Name Old Second National Bank
Originating Lender Address Lombard, IL
Gender Male Owned
Veteran Non-Veteran
Forgiveness Amount 9355.95
Forgiveness Paid Date 2021-07-16

Date of last update: 13 Feb 2025

Sources: Illinois Office of the Secretary of State