As part of the Paycheck Protection Program SELWAY MACHINE TOOL CO., INC was approved for a loan.

The Paycheck Protection Program (PPP) incentivized business owners to continue paying their workers during the pandemic. In late December 2020, a new PPP bill authorized additional funding for the program.

SELWAY MACHINE TOOL CO., INC


Loan Amount	$2,885,300
BusinessName	SELWAY MACHINE TOOL CO., INC
Address	29250 Union City Boulevard
City	Union City
State	CA
Zip	94587
NAICSCode	453998
BusinessType	Sole Proprietorship
RaceEthnicity	Unanswered
Gender	Male Owned
Veteran	Non-Veteran
NonProfit
JobsReported	142
DateApproved	04/14/2020
Lender	Readycap Lending, LLC
CD	CA-15
BusinessName.clean	SELWAY MACHINE TOOL CO

Data Sources

The data come from a release of over 5 million records by the SBA in November, 2020.

Who Could Apply?

Entities affected by Coronavirus (COVID-19) may have been eligible, including:

Small businesses that met SBA’s size standards
Sole proprietors, independent contractors, and self-employed persons

More info about the PPP is available from the Small Business Administration.

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