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FAZAL DEVELOPMENT NETWORK, INC.

FAZAL DEVELOPMENT NETWORK, INC.

Company Details

Entity Name:	FAZAL DEVELOPMENT NETWORK, INC.
Jurisdiction:	Illinois
Entity Type:	Corporation - Domestic BCA
Status:	Goodstanding
Date Formed:	12 Sep 2000
Company Number:	CORP_61251448
File Number:	61251448
Type of Business:	All Inclusive Purpose
Address	211 W ADAMS ST FLOOR 1ST, CHICAGO, IL, 60606
Place of Formation:	ILLINOIS

Agent

Name and Address	Role	Appointment Date
MICHAEL J BOXERMAN, 20 N CLARK ST STE 2500, CHICAGO, 60602, COOK-NOT IN CITY OF CHICAGO	Agent	2013-10-24

Secretary

Name and Address	Role	Account Number
IQBAL Y ALI	Secretary	267891
IQBAL ALI (DI)	Secretary	No data

President

Name and Address	Role	Account Number
MURAD FAZAL (TR/DI) 120 S STATE ST #100 CHICAGO 60603	President	267891

License

License Type	License Number	Status	License Code	License Description	Business Activity	Date Issued	Effective Date	Expiration Date
BUSINESS LICENSE	1492229	Issued	1006	Retail Food Establishment	775 - Retail Sales of Perishable Foods	2024-04-29	2024-04-16	2026-04-15
BUSINESS LICENSE	2758215	Issued	1006	Retail Food Establishment	781 - Sale of Food Prepared Onsite With Dining Area	2024-04-29	2024-04-16	2026-04-15
BUSINESS LICENSE	2458696	Issued	1006	Retail Food Establishment	781 - Sale of Food Prepared Onsite With Dining Area	2024-04-29	2024-04-16	2026-04-15
BUSINESS LICENSE	2758216	Issued	1006	Retail Food Establishment	781 - Sale of Food Prepared Onsite With Dining Area	2024-04-29	2024-04-16	2026-04-15
BUSINESS LICENSE	1574396	Issued	1006	Retail Food Establishment	775 - Retail Sales of Perishable Foods	2024-04-29	2024-04-16	2026-04-15
BUSINESS LICENSE	2856691	Issued	1006	Retail Food Establishment	781 - Sale of Food Prepared Onsite With Dining Area	2024-04-29	2024-04-16	2026-04-15
BUSINESS LICENSE	1544738	Issued	1006	Retail Food Establishment	775 - Retail Sales of Perishable Foods	2024-04-29	2024-04-16	2026-04-15
BUSINESS LICENSE	1474226	Issued	1006	Retail Food Establishment	775 - Retail Sales of Perishable Foods	2024-04-29	2024-04-16	2026-04-15
BUSINESS LICENSE	1544951	Issued	1006	Retail Food Establishment	775 - Retail Sales of Perishable Foods	2022-04-01	2022-04-16	2024-04-15
BUSINESS LICENSE	1799190	Issued	1006	Retail Food Establishment	775 - Retail Sales of Perishable Foods	2022-04-01	2022-04-16	2024-04-15
BUSINESS LICENSE	1516668	Cancelled	1006	Retail Food Establishment	775 - Retail Sales of Perishable Foods	2020-08-04	2020-04-16	2022-04-15
BUSINESS LICENSE	2054100	Issued	1006	Retail Food Establishment	775 - Retail Sales of Perishable Foods	2018-04-12	2018-04-16	2020-10-15
BUSINESS LICENSE	1445516	Cancelled	1006	Retail Food Establishment	775 - Retail Sales of Perishable Foods	2018-04-12	2018-04-16	2020-04-15
BUSINESS LICENSE	1545130	Issued	1006	Retail Food Establishment	775 - Retail Sales of Perishable Foods	2016-03-09	2016-04-16	2018-04-15
BUSINESS LICENSE	1719200	Issued	1006	Retail Food Establishment	775 - Retail Sales of Perishable Foods	2016-03-09	2016-04-16	2018-04-15
BUSINESS LICENSE	2304675	Issued	1006	Retail Food Establishment	781 - Sale of Food Prepared Onsite With Dining Area	2016-03-09	2016-04-16	2018-04-15
BUSINESS LICENSE	1495371	Issued	1006	Retail Food Establishment	775 - Retail Sales of Perishable Foods	2016-03-09	2016-04-16	2018-04-15
BUSINESS LICENSE	1545075	Issued	1006	Retail Food Establishment	775 - Retail Sales of Perishable Foods	2014-03-18	2014-04-16	2016-04-15
BUSINESS LICENSE	1423363	Issued	1006	Retail Food Establishment	775 - Retail Sales of Perishable Foods	2012-03-16	2012-04-16	2014-04-15
BUSINESS LICENSE	2055049	Issued	1329	Special Event Food	814 - Special Event Food	2010-09-09	2010-09-09	2010-09-10

Class	Series	Voting Rights	Authorized Shares	Issued Shares	Par Value
COMMON	No data	Voting Rights	1000	726000	No data

Paycheck Protection Program

Loan Number

Loan Funded Date

SBA Origination Office Code

Loan Delivery Method

Borrower Street Address

1553478301

2021-01-17

0507

PPS

120 S State St Lowr Level, Chicago, IL, 60603-5503

Loan Status Date	2021-02-06
Loan Status	Paid in Full
Loan Maturity in Months	60
SBA Guaranty Percentage	100
Loan Approval Amount (at origination)	525794
Loan Approval Amount (current)	525794
Undisbursed Amount	0
Franchise Name	Subway
Lender Location ID	443578
Servicing Lender Name	Town Center Bank
Servicing Lender Address	20181 S LaGrange Rd, FRANKFORT, IL, 60423-3102
Rural or Urban Indicator	U
Hubzone	N
LMI	N
Business Age Description	Existing or more than 2 years old
Project Address	Chicago, COOK, IL, 60603-5503
Project Congressional District	IL-07
Number of Employees	90
NAICS code	722513
Borrower Race	Asian
Borrower Ethnicity	Not Hispanic or Latino
Business Type	Corporation
Originating Lender ID	443578
Originating Lender Name	Town Center Bank
Originating Lender Address	FRANKFORT, IL
Gender	Male Owned
Veteran	Non-Veteran
Forgiveness Amount	528671.26
Forgiveness Paid Date	2021-08-11

4594487101

2020-04-13

0507

PPP

120 S. State St., CHICAGO, IL, 60603-5503

Loan Status Date	2020-07-23
Loan Status	Paid in Full
Loan Maturity in Months	24
SBA Guaranty Percentage	100
Loan Approval Amount (at origination)	375568.37
Loan Approval Amount (current)	375568.37
Undisbursed Amount	0
Franchise Name	Subway
Lender Location ID	443578
Servicing Lender Name	Town Center Bank
Servicing Lender Address	20181 S LaGrange Rd, FRANKFORT, IL, 60423-3102
Rural or Urban Indicator	U
Hubzone	N
LMI	N
Business Age Description	Existing or more than 2 years old
Project Address	CHICAGO, COOK, IL, 60603-5503
Project Congressional District	IL-07
Number of Employees	94
NAICS code	722513
Borrower Race	Asian
Borrower Ethnicity	Not Hispanic or Latino
Business Type	Corporation
Originating Lender ID	443578
Originating Lender Name	Town Center Bank
Originating Lender Address	FRANKFORT, IL
Gender	Male Owned
Veteran	Non-Veteran
Forgiveness Amount	380002.16
Forgiveness Paid Date	2021-06-22

Date of last update: 13 Mar 2025

Sources: Illinois Office of the Secretary of State