# PPP loan: MARINE LUBRICANTS, INC.
> **$169K** approved 04/07/2020 · Paid in Full · Loan `7085307001`
## Borrower
- **Name:** MARINE LUBRICANTS, INC.
- **Address:** 1130 E. 7TH ST, WILMINGTON, DE, 19801-4502
- **NAICS:** 483111
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $169K
- **Initial approval:** $169K
- **Forgiven:** $171K (101%)
- **Forgiveness date:** 08/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $163K
- **Mortgage interest:** $3K
- **Utilities:** $3K
- **Jobs reported:** 9
## Lender
- **Originating:** Wilmington Savings Fund Society, FSB
- **Servicing:** Wilmington Savings Fund Society, FSB (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*