# PPP loan: BYTE SERVICES INC
> **$314K** approved 05/06/2020 · Paid in Full · Loan `3085407401`
## Borrower
- **Name:** BYTE SERVICES INC
- **Address:** 3601 SE OCEAN BLVD STE 002, Stuart, FL, 34996
- **NAICS:** 532411
- **Business type:** Subchapter S Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $314K
- **Initial approval:** $314K
- **Forgiven:** $317K (101%)
- **Forgiveness date:** 07/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $314K
- **Jobs reported:** 40
## Lender
- **Originating:** First-Citizens Bank & Trust Company
- **Servicing:** First-Citizens Bank & Trust Company (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*