# PPP loan: ALLIANCE ELECTRIC OF MICHIGAN INC
> **$161K** approved 04/27/2020 · Paid in Full · Loan `4342157209`
## Borrower
- **Name:** ALLIANCE ELECTRIC OF MICHIGAN INC
- **Address:** 679 E CHICAGO RD, COLDWATER, MI, 49036-9497
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $161K
- **Initial approval:** $161K
- **Forgiven:** $162K (101%)
- **Forgiveness date:** 12/15/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $161K
- **Jobs reported:** 15
## 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*