# PPP loan: DAYSTAR MACHINING TECHNOLOGIES INC.
> **$569K** approved 01/29/2021 · Paid in Full · Loan `8327468302`
## Borrower
- **Name:** DAYSTAR MACHINING TECHNOLOGIES INC.
- **Address:** 356 Cane Creek Rd, Fletcher, NC, 28732-7403
- **NAICS:** 332710
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $569K
- **Initial approval:** $569K
- **Forgiven:** $573K (101%)
- **Forgiveness date:** 10/06/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $569K
- **Utilities:** $1
- **Jobs reported:** 36
## 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*