# PPP loan: ALLIANCE ELECTRONICS DIST INC
> **$200K** approved 01/25/2021 · Paid in Full · Loan `5601628302`
## Borrower
- **Name:** ALLIANCE ELECTRONICS DIST INC
- **Address:** 22412 Gilberto Ste A, Rancho Santa Margarita, CA, 92688-2179
- **NAICS:** 423690
- **Business type:** Sole Proprietorship
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $200K
- **Initial approval:** $200K
- **Forgiven:** $201K (101%)
- **Forgiveness date:** 09/22/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $200K
- **Utilities:** $1
- **Jobs reported:** 12
## Lender
- **Originating:** Readycap Lending, LLC
- **Servicing:** Readycap Lending, LLC (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*