# PPP loan: SOUTH ALLIANCE INDUSTRIAL MACHINE INC.
> **$160K** approved 04/10/2020 · Paid in Full · Loan `1154967106`
## Borrower
- **Name:** SOUTH ALLIANCE INDUSTRIAL MACHINE INC.
- **Address:** 2423 TROY AVENUE, SOUTH EL MONTE, CA, 91733-1431
- **NAICS:** 332710
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $160K
- **Initial approval:** $163K
- **Forgiven:** $156K (97%)
- **Forgiveness date:** 02/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $160K
- **Jobs reported:** 13
## Lender
- **Originating:** Celtic Bank Corporation
- **Servicing:** Celtic Bank Corporation (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*