COVID Stimulus Watch Individual Entry

Recipient Company:
LIPOCINE INC.
Loan or Loan Guarantee Amount:
$233,537

Recipient Details

Ownership Structure: publicly traded (ticker symbol LPCN)
Facility Street Address: 675 Arapeen Drive
Facility City: Salt Lake City
Facility State: UT
Facility Zip Code: 84010
Facility Congressional District: UT-02
Facility NAICS Code: 325412 : Pharmaceutical Preparation Manufacturing

Award Details

Award Date: Apr 15, 2020
Award Type: loan
Jobs Reported at Time of Application: 12
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/1535955/000110465920057762/tm201...

Parent Company Data

Parent Company: Lipocine Inc.
Headquartered in: Utah
Parent Sector: pharmaceuticals
Parent Industry: biopharmaceuticals
Employees (prior to pandemic): 12

Accountability Issues Since 2010

Employment icon
Good Jobs First has no data in this category
Contracting icon
Good Jobs First has no data in this category
Environment icon
Good Jobs First has no data in this category
ConsumerProt icon
Good Jobs First has no data in this category
CEOpay icon
CEO Compensation: $520,554
Tax icon
Good Jobs First has no data in this category

Details on Accountability data sources

Accountability Issues

Covid Stimulus Watch provides accountability data on CARES Act recipients in the following categories:

Employment iconEmployment Issues

Tax iconTax / Subsidy Issues

Contracting iconContracting Issues

Environment iconEnvironment / Safety Issues

Consumer iconConsumer Protection Issues

CEO pay iconCEO Pay Issues