1ST STATE VENTURES, LLC (DE) - 2020 PPP Loan Borrower Profile (# 9362867101)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 1ST STATE VENTURES, LLC. 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

9362867101

SBA Office Code

0341

Processing Method

PPP

Curent Loan Amount

$150,937

Date Loan was Approved

Apr 15, 2020

Amount Forgiven

$152,185.85

Date Loan was Forgiven

Feb 19, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

6,032

Payroll Proced

112,075

Mortgage Interest Proceed

Rent Proceed

28,386

Refinance EIDL Proceed

Health Care Proceed

4,444

Debt Interest Proceed

Lender

Manufacturers and Traders Trust Company

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

722511

Borrower Location

Newark, DE

Project Location

Newark, DE

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.