PPP Loan information for Alliance machine inc

$457,900

Alliance machine inc was initially approved for PPP Loan of amount $457,900, the current approved amount is $457,900. The loan was approved on 01/17/2021 by The The Bank of Elk River reported 45 jobs and $457,900 was used to fund payroll.

Alliance machine inc is Existing or more than 2 years old

PPP Loan Search / MN / Elk River / Alliance machine inc

ALLIANCE MACHINE INC

Date Approved

01/17/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

ALLIANCE MACHINE INC

Borrower Address

17520 Tyler St NW

Borrower City

Elk River

Borrower State

MN

Borrower Zip

55330-4752

Loan Status Date

03/08/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

457900.00

Current Approval Amount

457900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38030

Servicing Lender Name

The Bank of Elk River

Servicing Lender Address

630 Main St

Servicing Lender City

ELK RIVER

Servicing Lender State

MN

Servicing Lender Zip

55330-1503

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Elk River

Project County Name

SHERBURNE

Project State

MN

Project Zip

55330-4752

CD

MN-06

Jobs Reported

45

NAICS Code

332710

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

457898.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

38030

Originating Lender

The Bank of Elk River

Originating Lender City

ELK RIVER

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

461437.75

Forgiveness Date

11/02/2021

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