Selway Machine Tool Company Inc.

$2,000,000 PPP Loan in Union City, California

Loan Details

Loan Number
3121198600
Date Approved
Mar 16, 2021
Loan Status
Paid in Full
Initial Approval
$2,000,000
Current Approval
$2,000,000
Forgiveness Amount
$2,015,123
Forgiveness Date
Dec 20, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Selway Machine Tool Company Inc.
Address
29250 Union City Blvd
ZIP Code
94587-1209
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (332710)
Business Age
Existing or more than 2 years old
Jobs Reported
142
Estimated Revenue
$34.7M
Rural/Urban
Urban
Congressional District
CA-14

Loan Use Breakdown

Payroll
$1,999,997
Utilities
$1

Lender Information

Servicing Lender
City National Bank
Originating Lender
City National Bank

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