# PPP loan: MPOWER INC
> **$386K** approved 02/04/2021 · Paid in Full · Loan `3058838402`
## Borrower
- **Name:** MPOWER INC
- **Address:** 316 S Stallard St, Stillwater, OK, 74074-3959
- **NAICS:** 623210
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $386K
- **Initial approval:** $386K
- **Forgiven:** $389K (101%)
- **Forgiveness date:** 09/29/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $386K
- **Utilities:** $1
- **Jobs reported:** 131
## Lender
- **Originating:** Simmons Bank
- **Servicing:** Simmons Bank (AR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*