# PPP loan: WENDEL MOTOR COMPANY INC
> **$171K** approved 03/03/2021 · Paid in Full · Loan `6274238506`
## Borrower
- **Name:** WENDEL MOTOR COMPANY INC
- **Address:** 204 Irvine St, Yoakum, TX, 77995-2744
- **NAICS:** 441110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $171K
- **Initial approval:** $171K
- **Forgiven:** $172K (101%)
- **Forgiveness date:** 10/06/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $171K
- **Utilities:** $1
- **Jobs reported:** 9
## Lender
- **Originating:** Crossroads Bank
- **Servicing:** Crossroads Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*