PPP Loan information for Mpower financing public benefit corporation

$596,614

Mpower financing public benefit corporation was initially approved for PPP Loan of amount $596,614, the current approved amount is $596,614. The loan was approved on 04/27/2020 by The Valley National Bank reported 34 jobs and $596,614 was used to fund payroll.

Mpower financing public benefit corporation is Existing or more than 2 years old

PPP Loan Search / DC / WASHINGTON / Mpower financing public benefit corporation

MPOWER FINANCING PUBLIC BENEFIT CORPORATION

Date Approved

04/27/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

MPOWER FINANCING PUBLIC BENEFIT CORPORATION

Borrower Address

1101 Connecticut Avenue

Borrower City

WASHINGTON

Borrower State

DC

Borrower Zip

20036-4359

Loan Status Date

01/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

596614.00

Current Approval Amount

596614.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45120

Servicing Lender Name

Valley National Bank

Servicing Lender Address

615 Main Ave

Servicing Lender City

PASSAIC

Servicing Lender State

NJ

Servicing Lender Zip

07055-5066

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

WASHINGTON

Project County Name

DISTRICT OF COLUMBIA

Project State

DC

Project Zip

20036-4359

CD

DC-

Jobs Reported

34

NAICS Code

561499

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

596614.00

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

Corporation

Originating Lender Location Id

45120

Originating Lender

Valley National Bank

Originating Lender City

PASSAIC

Originating Lender State

NJ

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

600558.28

Forgiveness Date

12/31/2020

;