# PPP loan: ORR MOTORS OF TEXARKANA, INC
> **$311K** approved 04/06/2020 · Paid in Full · Loan `6414017005`
## Borrower
- **Name:** ORR MOTORS OF TEXARKANA, INC
- **Address:** 2300 SAINT MICHAEL DR, TEXARKANA, TX, 75503-2370
- **NAICS:** 441110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $311K
- **Initial approval:** $311K
- **Forgiven:** $314K (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $311K
- **Jobs reported:** 26
## Lender
- **Originating:** State Bank of De Kalb
- **Servicing:** State Bank of De Kalb (TX)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*