COVID Stimulus Watch Individual Entry

Recipient Company:
CELSION CORPORATION
Loan or Loan Guarantee Amount:
$692,530

Recipient Details

Ownership Structure: publicly traded (ticker symbol CLSN)
Facility Street Address: 997 Lenox Drive
Facility City: Lawrenceville
Facility State: NJ
Facility Zip Code: 08648
Facility Congressional District: NJ-12
Facility NAICS Code: 325412 : Pharmaceutical Preparation Manufacturing

Award Details

Award Date: May 20, 2020
Award Type: loan
Award Details: The company previously refunded the original PPP loan on May 13, 2020 and received a new loan for $692,530 on May 28, 2020.
PPP Lender: Silicon Valley Bank
Program Name: Paycheck Protection Program ($150,000 and up)
Legislation: CARES
Awarding Agency: Small Business Administration
Data Source for Award:
https://www.sec.gov/Archives/edgar/data/749647/000149315220010278/form8-...

Parent Company Data

Parent Company: Celsion Corporation
Headquartered in: New Jersey
Parent Sector: pharmaceuticals
Parent Industry: oncology drugs
Employees (prior to pandemic): 29

Accountability Issues Since 2010

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CEO Compensation: $2,950,091
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Details on Accountability data sources