# PPP loan: M-POWER INC
> **$238K** approved 05/01/2020 · Exemption 4 · Loan `7206177704`
## Borrower
- **Name:** M-POWER INC
- **Address:** 594 Sycamore St, Vernon Hills, IL, 60061
- **NAICS:** 541512
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $238K
- **Initial approval:** $238K
- **Status:** Exemption 4
- **Term:** 59 months
## Use of funds
- **Payroll:** $238K
- **Jobs reported:** 3
## Lender
- **Originating:** Citibank, N.A.
- **Servicing:** Citibank, N.A. (SD)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*