PPP Loan information for Daystar machining technologies inc

$538,900

Daystar machining technologies inc was initially approved for PPP Loan of amount $538,900, the current approved amount is $538,900. The loan was approved on 04/15/2020 by The First-Citizens Bank & Trust Company reported 38 jobs and $538,900 was used to fund payroll.

Daystar machining technologies inc is New Business or 2 years or less

DAYSTAR MACHINING TECHNOLOGIES INC

Date Approved

04/15/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

DAYSTAR MACHINING TECHNOLOGIES INC

Borrower Address

356 Cane Creek Road

Borrower City

Fletcher

Borrower State

NC

Borrower Zip

28732

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

538900.00

Current Approval Amount

538900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

51009

Servicing Lender Name

First-Citizens Bank & Trust Company

Servicing Lender Address

100 E. Tryon Rd DAC - 90

Servicing Lender City

Raleigh

Servicing Lender State

NC

Servicing Lender Zip

27603-3581

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

Fletcher

Project County Name

HENDERSON

Project State

NC

Project Zip

28732-0001

CD

NC-11

Jobs Reported

38

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

538900.00

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

Subchapter S Corporation

Originating Lender Location Id

51009

Originating Lender

First-Citizens Bank & Trust Company

Originating Lender City

Raleigh

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

541834.01

Forgiveness Date

11/03/2020

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