# PPP loan: ALLIANCE MACHINE, INC.
> **$458K** approved 04/06/2020 · Paid in Full · Loan `6264427003`
## Borrower
- **Name:** ALLIANCE MACHINE, INC.
- **Address:** 17520 TYLER ST NW, ELK RIVER, MN, 55330-4752
- **NAICS:** 332710
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $458K
- **Initial approval:** $475K
- **Forgiven:** $461K (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $458K
- **Jobs reported:** 39
## Lender
- **Originating:** The Bank of Elk River
- **Servicing:** The Bank of Elk River (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*