PPP Loan information for Mpower software services

$525,100

Mpower software services was initially approved for PPP Loan of amount $457,180, the current approved amount is $525,100. The loan was approved on 04/06/2020 by The First Commonwealth Bank reported 25 jobs and $525,100 was used to fund payroll.

Mpower software services is Existing or more than 2 years old

PPP Loan Search / PA / NEWTOWN / Mpower software services

MPOWER SOFTWARE SERVICES

Date Approved

04/06/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

MPOWER SOFTWARE SERVICES

Borrower Address

115 Pheasant Run Suite 110

Borrower City

NEWTOWN

Borrower State

PA

Borrower Zip

18940-1820

Loan Status Date

05/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

457180.00

Current Approval Amount

525100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60009

Servicing Lender Name

First Commonwealth Bank

Servicing Lender Address

600 Philadelphia St

Servicing Lender City

INDIANA

Servicing Lender State

PA

Servicing Lender Zip

15701-3904

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NEWTOWN

Project County Name

BUCKS

Project State

PA

Project Zip

18940-1820

CD

PA-01

Jobs Reported

25

NAICS Code

541511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

525100.00

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

60009

Originating Lender

First Commonwealth Bank

Originating Lender City

INDIANA

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

461789.38

Forgiveness Date

04/14/2021

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