As part of the Paycheck Protection Program BESTWAY OILFIELD, 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.

BESTWAY OILFIELD, INC


Loan Amount	$2,691,500
BusinessName	BESTWAY OILFIELD, INC
Address	16030 Market St
City	Channelview
State	TX
Zip	77530
NAICSCode	423830
BusinessType	Corporation
RaceEthnicity	Unanswered
Gender	Unanswered
Veteran	Unanswered
NonProfit
JobsReported	188
DateApproved	04/05/2020
Lender	Capital Bank
CD	TX-36
BusinessName.clean	BESTWAY OILFIELD

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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