# PPP loan: INTERMODAL MARKETING AND DISTRIBUTION INC.
> **$150K** approved 07/29/2020 · Paid in Full · Loan `1050128201`
## Borrower
- **Name:** INTERMODAL MARKETING AND DISTRIBUTION INC.
- **Address:** 140 West 98TH ST, Suite 200, Bloomington, MN, 55420-3815
- **NAICS:** 488510
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $150K
- **Initial approval:** $150K
- **Forgiven:** $151K (101%)
- **Forgiveness date:** 05/19/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $150K
- **Jobs reported:** 9
## Lender
- **Originating:** Premier Bank Minnesota
- **Servicing:** Premier Bank Minnesota (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*