# PPP loan: ALLIANCE ELECTRIC, LLC
> **$176K** approved 04/13/2020 · Paid in Full · Loan `4325117108`
## Borrower
- **Name:** ALLIANCE ELECTRIC, LLC
- **Address:** 12095 State Hwy 149, LONGVIEW, TX, 75603-6835
- **NAICS:** 238210
- **Business type:** Subchapter S Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $176K
- **Initial approval:** $176K
- **Forgiven:** $177K (101%)
- **Forgiveness date:** 11/23/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $176K
- **Jobs reported:** 16
## Lender
- **Originating:** Austin Bank, Texas National Association
- **Servicing:** Austin Bank, Texas National Association (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*