PPP Loan information for Mpower direct llc

$872,342

Mpower direct llc was initially approved for PPP Loan of amount $872,342, the current approved amount is $872,342. The loan was approved on 04/29/2020 by The Signature Bank reported 140 jobs and $872,342 was used to fund payroll.

Mpower direct llc is Existing or more than 2 years old

MPOWER DIRECT LLC

Date Approved

04/29/2020

SBA Office Code

0202

Processing Method

PPP

Borrower Name

MPOWER DIRECT LLC

Borrower Address

24 HILLEL PL FL 3

Borrower City

BROOKLYN

Borrower State

NY

Borrower Zip

11210

Loan Status Date

07/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

872342.00

Current Approval Amount

872342.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

224478

Servicing Lender Name

Signature Bank

Servicing Lender Address

565 5th Ave, 12th Fl

Servicing Lender City

NEW YORK CITY

Servicing Lender State

NY

Servicing Lender Zip

10017-2496

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BROOKLYN

Project County Name

KINGS

Project State

NY

Project Zip

11210-0001

CD

NY-09

Jobs Reported

140

NAICS Code

454390

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

872342.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

224478

Originating Lender

Signature Bank

Originating Lender City

NEW YORK CITY

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

882595.01

Forgiveness Date

07/09/2021

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