PPP Loan information for Mpower technologies, inc

$184,700

Mpower technologies, inc was initially approved for PPP Loan of amount $184,700, the current approved amount is $184,700. The loan was approved on 04/05/2020 by The First National Bank & Trust Co reported 12 jobs and $184,700 was used to fund payroll.

Mpower technologies, inc is Existing or more than 2 years old

PPP Loan Search / MI / IRON MOUNTAIN / Mpower technologies, inc

MPOWER TECHNOLOGIES, INC

Date Approved

04/05/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

MPOWER TECHNOLOGIES, INC

Borrower Address

126 Woodward Avenue

Borrower City

IRON MOUNTAIN

Borrower State

MI

Borrower Zip

49801-4735

Loan Status Date

02/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

184700.00

Current Approval Amount

184700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

35372

Servicing Lender Name

First National Bank & Trust Co

Servicing Lender Address

233 S Stephenson Ave

Servicing Lender City

IRON MOUNTAIN

Servicing Lender State

MI

Servicing Lender Zip

49801-2921

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

IRON MOUNTAIN

Project County Name

DICKINSON

Project State

MI

Project Zip

49801-4735

CD

MI-01

Jobs Reported

12

NAICS Code

541511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

5700.00

Payroll Proceed

148000.00

Mortgage Interest Proceed

1000.00

Rent Proceed

30000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

35372

Originating Lender

First National Bank & Trust Co

Originating Lender City

IRON MOUNTAIN

Originating Lender State

MI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

186142.18

Forgiveness Date

01/26/2021

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