PPP Loan information for Mpowertech inc

$328,205

Mpowertech inc was initially approved for PPP Loan of amount $376,692, the current approved amount is $328,205. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 10 jobs and $328,205 was used to fund payroll.

Mpowertech inc is New Business or 2 years or less

MPOWERTECH INC

Date Approved

05/01/2020

SBA Office Code

0671

Processing Method

PPP

Borrower Name

MPOWERTECH INC

Borrower Address

22503 KATY FWY STE 60

Borrower City

KATY

Borrower State

TX

Borrower Zip

77450-1568

Loan Status Date

06/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

376692.00

Current Approval Amount

328205.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

KATY

Project County Name

HARRIS

Project State

TX

Project Zip

77450-1568

CD

TX-07

Jobs Reported

10

NAICS Code

561499

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

328205.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

331594.95

Forgiveness Date

05/21/2021

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