# PPP loan: ALLIANCE FOODS ESOP TRUST
> **$582K** approved 02/04/2021 · Paid in Full · Loan `3034128407`
## Borrower
- **Name:** ALLIANCE FOODS ESOP TRUST
- **Address:** 605 W Chicago Rd, Coldwater, MI, 49036-8400
- **NAICS:** 425120
- **Business type:** Employee Stock Ownership Plan(ESOP)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $582K
- **Initial approval:** $582K
- **Forgiven:** $587K (101%)
- **Forgiveness date:** 01/18/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $582K
- **Utilities:** $1
- **Jobs reported:** 28
## Lender
- **Originating:** Century Bank and Trust
- **Servicing:** Century Bank and Trust (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*