1ST STATE PETROLEUM SERVICES INC. (DE) - 2020 PPP Loan Borrower Profile (# 9450217105)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 1ST STATE PETROLEUM SERVICES INC.. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Delaware.

Loan Detail

Loan Number

9450217105

SBA Office Code

0341

Processing Method

PPP

Curent Loan Amount

$49,400

Date Loan was Approved

Apr 15, 2020

Amount Forgiven

$49,804.67

Date Loan was Forgiven

Feb 17, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

3,000

Payroll Proced

39,930

Mortgage Interest Proceed

6,470

Rent Proceed

Refinance EIDL Proceed

Health Care Proceed

Debt Interest Proceed

Lender

Manufacturers and Traders Trust Company

Business Detail

Business Type

Corporation

NAICS

811310

Borrower Location

Harrington, DE

Project Location

Harrington, DE

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.