# PPP loan: CORDELE INTERMODAL SERVICES, INC.
> **$662K** approved 04/05/2020 · Paid in Full · Loan `5362407007`
## Borrower
- **Name:** CORDELE INTERMODAL SERVICES, INC.
- **Address:** 513 BURNETTE BLVD, CORDELE, GA, 31015-9403
- **NAICS:** 484122
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $662K
- **Initial approval:** $662K
- **Forgiven:** $667K (101%)
- **Forgiveness date:** 01/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $530K
- **Rent:** $15K
- **Mortgage interest:** $106K
- **Utilities:** $12K
- **Jobs reported:** 30
## Lender
- **Originating:** Citizens Bank of Americus
- **Servicing:** Citizens Bank of Americus (GA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*