PPP Loan information for Mpay inc.

$1,545,600

Mpay inc. was initially approved for PPP Loan of amount $1,545,600, the current approved amount is $1,545,600. The loan was approved on 04/28/2020 by The Leader Bank, National Association reported 85 jobs and $1,545,600 was used to fund payroll.

Mpay inc. is Existing or more than 2 years old

MPAY INC.

Date Approved

04/28/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

MPAY INC.

Borrower Address

9920 Kincey Avenue Suite 110

Borrower City

Huntersville

Borrower State

NC

Borrower Zip

28078-2401

Loan Status Date

07/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1545600.00

Current Approval Amount

1545600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

262380

Servicing Lender Name

Leader Bank, National Association

Servicing Lender Address

180 Massachusetts Ave

Servicing Lender City

ARLINGTON

Servicing Lender State

MA

Servicing Lender Zip

02474-8448

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Huntersville

Project County Name

MECKLENBURG

Project State

NC

Project Zip

28078-2401

CD

NC-12

Jobs Reported

85

NAICS Code

541214

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1159200.00

Mortgage Interest Proceed

0.00

Rent Proceed

386400.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

262380

Originating Lender

Leader Bank, National Association

Originating Lender City

ARLINGTON

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1563130.92

Forgiveness Date

06/24/2021

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