# PPP loan: STAR ENGINEERING AND MACHINE CO
> **$514K** approved 01/22/2021 · Paid in Full · Loan `3604918302`
## Borrower
- **Name:** STAR ENGINEERING AND MACHINE CO
- **Address:** 1717 Lancaster St, Bluffton, IN, 46714-1512
- **NAICS:** 332710
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $514K
- **Initial approval:** $514K
- **Forgiven:** $516K (101%)
- **Forgiveness date:** 08/09/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $514K
- **Utilities:** $1
- **Jobs reported:** 30
## Lender
- **Originating:** First Merchants Bank
- **Servicing:** First Merchants Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*