# PPP loan: SOECHTING MOTORS INC
> **$213K** approved 04/05/2021 · Paid in Full · Loan `6842928707`
## Borrower
- **Name:** SOECHTING MOTORS INC
- **Address:** 603 E Kingsbury St, Seguin, TX, 78155-2706
- **NAICS:** 423110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $213K
- **Initial approval:** $213K
- **Forgiven:** $214K (101%)
- **Forgiveness date:** 12/16/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $213K
- **Jobs reported:** 27
## Lender
- **Originating:** First United Bank and Trust Company
- **Servicing:** First United Bank and Trust Company (OK)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*