Selway Machine Tool Co., Inc.

$2,885,300 PPP Loan in Union City, California

Loan Details

Loan Number
6287947107
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$2,885,300
Current Approval
$2,885,300
Forgiveness Amount
$2,918,105
Forgiveness Date
Jun 24, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Selway Machine Tool Co., Inc.
Address
29250 Union City Boulevard
ZIP Code
94587
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (453998)
Business Age
Existing or more than 2 years old
Jobs Reported
142
Estimated Revenue
$22.2M
Rural/Urban
Urban
Congressional District
CA-14

Loan Use Breakdown

Payroll
$2,885,300

Lender Information

Servicing Lender
Customers Bank
Originating Lender
Readycap Lending, LLC

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