PPP Loan information for Mpower inc

$386,255

Mpower inc was initially approved for PPP Loan of amount $386,255, the current approved amount is $386,255. The loan was approved on 02/04/2021 by The Simmons Bank reported 131 jobs and $386,255 was used to fund payroll.

Mpower inc is Existing or more than 2 years old

MPOWER INC

Date Approved

02/04/2021

SBA Office Code

0680

Processing Method

PPS

Borrower Name

MPOWER INC

Borrower Address

316 S Stallard St

Borrower City

Stillwater

Borrower State

OK

Borrower Zip

74074-3959

Loan Status Date

11/10/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

386255.42

Current Approval Amount

386255.42

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4679

Servicing Lender Name

Simmons Bank

Servicing Lender Address

501 Main St

Servicing Lender City

PINE BLUFF

Servicing Lender State

AR

Servicing Lender Zip

71601-4327

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Stillwater

Project County Name

PAYNE

Project State

OK

Project Zip

74074-3959

CD

OK-03

Jobs Reported

131

NAICS Code

623210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

386251.42

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

Non-Profit Organization

Originating Lender Location Id

4679

Originating Lender

Simmons Bank

Originating Lender City

PINE BLUFF

Originating Lender State

AR

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

388701.70

Forgiveness Date

09/29/2021

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