# PPP loan: IMI'S MN. INC.
> **$310K** approved 01/16/2021 · Paid in Full · Loan `1142058310`
## Borrower
- **Name:** IMI'S MN. INC.
- **Address:** 1601 Plymouth Rd, Minnetonka, MN, 55305-1956
- **NAICS:** 446130
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $310K
- **Initial approval:** $310K
- **Forgiven:** $313K (101%)
- **Forgiveness date:** 12/23/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $310K
- **Utilities:** $1
- **Jobs reported:** 25
## Lender
- **Originating:** Gateway Bank
- **Servicing:** Gateway Bank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*