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IBTISAM INC.

Company Details

Entity Name: IBTISAM INC.
Jurisdiction: Illinois
Entity Type: Corporation - Domestic BCA
Status: Goodstanding
Date Formed: 12 Sep 2001
Company Number: CORP_61818073
File Number: 61818073
Type of Business: Business Corporations
Address 4254 W 55TH ST, CHICAGO, IL, 60632
Place of Formation: ILLINOIS

Agent

Name and Address Role Appointment Date
SUHA AL-GHAWI, 4254 W 55TH ST, CHICAGO, 60632, COOK-NOT IN CITY OF CHICAGO Agent 2009-09-04

President

Name and Address Role Account Number
suha abdallah President 259075
SUHA ABDALLAH 4254 W. 55TH ST.CHICAGO, IL. 60632 President No data

License

License Type License Number Status License Code License Description Business Activity Date Issued Effective Date Expiration Date
BUSINESS LICENSE 1334371 Issued 1010 Limited Business License 729 | 767 - Pharmacy / Photo Services | Retail Sales of General Merchandise and Non-Perishable Food 2023-09-05 2023-06-16 2025-06-15

Assumed Names

Name Type Effective Date Cancellation Date Cancellation Type Last Renewal Date
IBTISAM INC Assume Name 2020-08-25 No data No data No data
ELSDON MEDICAL PHARMACY Assume Name 2016-02-18 2016-02-01 No data No data

Shares

Class Series Voting Rights Authorized Shares Issued Shares Par Value
COMMON No data Voting Rights 10000 1000000 1

Paycheck Protection Program

Loan Number Loan Funded Date SBA Origination Office Code Loan Delivery Method Borrower Street Address
3542797202 2020-04-27 0507 PPP 4254 W. 55th, CHICAGO, IL, 60632-4642
Loan Status Date 2021-03-10
Loan Status Paid in Full
Loan Maturity in Months 24
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 76147
Loan Approval Amount (current) 76147
Undisbursed Amount 0
Franchise Name -
Lender Location ID 22269
Servicing Lender Name First Secure Bank and Trust Co.
Servicing Lender Address 10360 S Roberts Rd, PALOS HILLS, IL, 60465-1930
Rural or Urban Indicator U
Hubzone N
LMI Y
Business Age Description Existing or more than 2 years old
Project Address CHICAGO, COOK, IL, 60632-4642
Project Congressional District IL-04
Number of Employees 10
NAICS code 446110
Borrower Race Black or African American
Borrower Ethnicity Not Hispanic or Latino
Business Type Corporation
Originating Lender ID 22269
Originating Lender Name First Secure Bank and Trust Co.
Originating Lender Address PALOS HILLS, IL
Gender Female Owned
Veteran Non-Veteran
Forgiveness Amount 76687.33
Forgiveness Paid Date 2021-01-26
5772568400 2021-02-09 0507 PPS 4254 W 55th St, Chicago, IL, 60632-4642
Loan Status Date 2021-04-13
Loan Status Paid in Full
Loan Maturity in Months 60
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 76147
Loan Approval Amount (current) 76147
Undisbursed Amount 0
Franchise Name -
Lender Location ID 22269
Servicing Lender Name First Secure Bank and Trust Co.
Servicing Lender Address 10360 S Roberts Rd, PALOS HILLS, IL, 60465-1930
Rural or Urban Indicator U
Hubzone N
LMI Y
Business Age Description Existing or more than 2 years old
Project Address Chicago, COOK, IL, 60632-4642
Project Congressional District IL-04
Number of Employees 10
NAICS code 446110
Borrower Race Black or African American
Borrower Ethnicity Not Hispanic or Latino
Business Type Corporation
Originating Lender ID 22269
Originating Lender Name First Secure Bank and Trust Co.
Originating Lender Address PALOS HILLS, IL
Gender Female Owned
Veteran Non-Veteran
Forgiveness Amount 76981.49
Forgiveness Paid Date 2022-03-23

Date of last update: 13 Feb 2025

Sources: Illinois Office of the Secretary of State