I'm not asking why ethanol - I think previous posts have done that. Seems like a waste.
I think you need to be above 60% alcohol to be an effective sanitizer. I use 90% isopropyl alcohol on wipes for spot sanitation on containers.
I don't know the science, but I think pure alcohol is not as effective as 60%.
Alcohol will not clean. If you have some 'gunk' that is harboring bugs, the alcohol will not clean the gunk, nor will it kill any bugs that may be in it. A sanitizer will only work on a clean surface.