# PPP loan: MPOWER SOFTWARE SERVICES
> **$525K** approved 04/06/2020 · Paid in Full · Loan `6267847006`
## Borrower
- **Name:** MPOWER SOFTWARE SERVICES
- **Address:** 115 Pheasant Run Suite 110, NEWTOWN, PA, 18940-1820
- **NAICS:** 541511
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $525K
- **Initial approval:** $457K
- **Forgiven:** $462K (88%)
- **Forgiveness date:** 04/14/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $525K
- **Jobs reported:** 25
## Lender
- **Originating:** First Commonwealth Bank
- **Servicing:** First Commonwealth Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*