MARINE LUBRICANTS, INC. (DE) - 2020 PPP Loan Borrower Profile (# 7085307001)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to MARINE LUBRICANTS, 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

7085307001

SBA Office Code

0341

Processing Method

PPP

Curent Loan Amount

$169,115

Date Loan was Approved

Apr 7, 2020

Amount Forgiven

$171,325.08

Date Loan was Forgiven

Aug 11, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

3,200

Payroll Proced

162,915

Mortgage Interest Proceed

3,000

Lender

Wilmington Savings Fund Society, FSB

Business Detail

Business Type

Corporation

NAICS

483111

Borrower Location

WILMINGTON, DE

Project Location

WILMINGTON, 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.