COCHRAN OIL CO. INC. (DE) - 2020 PPP Loan Borrower Profile (# 5117288403)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to COCHRAN OIL CO. 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

5117288403

SBA Office Code

0341

Processing Method

PPS

Curent Loan Amount

$82,352.17

Date Loan was Approved

Feb 7, 2021

Amount Forgiven

$82,794.39

Date Loan was Forgiven

Sep 1, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

82,349.17

Lender

The Peoples Bank

Business Detail

Business Type

Corporation

NAICS

454310

Borrower Location

New Castle, DE

Project Location

New Castle, 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.