DELAWARE BAY LAUNCH SERVICE INC. (DE) - 2020 PPP Loan Borrower Profile (# 5905758403)
Updated on April 18, 2025.
See below the business details and the detail of the 2020 PPP loan given to DELAWARE BAY LAUNCH SERVICE 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
5905758403
SBA Office Code
0341
Processing Method
PPS
Curent Loan Amount
$211,612
Date Loan was Approved
Feb 9, 2021
Amount Forgiven
$214,458.62
Date Loan was Forgiven
Jun 24, 2022
Loan Status
Paid in Full
Loan Term
60 Months
Utilities Proced
1
Payroll Proced
211,610
Lender
Northeast Bank
Business Detail
Business Type
Subchapter S Corporation
NAICS
483212
Borrower Location
Milford, DE
Project Location
Milford, DE
Rural/Urban
Rural
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
12
Business Age Description
Existing or more than 2 years old
Data Source: SBA.