# PPP loan: IML CONTAINERS IOWA, INC.
> **$611K** approved 04/30/2020 · Paid in Full · Loan `5986147304`
## Borrower
- **Name:** IML CONTAINERS IOWA, INC.
- **Address:** 1620 24th Street SW, Le Mars, IA, 51031
- **NAICS:** 424990
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $611K
- **Initial approval:** $611K
- **Forgiven:** $617K (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $611K
- **Jobs reported:** 47
## Lender
- **Originating:** BMO Bank National Association
- **Servicing:** BMO Bank National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*