Soechting Motors INC

$212,867 PPP Loan in Seguin, Texas

Loan Details

Loan Number
6842928707
Date Approved
Apr 5, 2021
Loan Status
Paid in Full
Initial Approval
$212,867
Current Approval
$212,867
Forgiveness Amount
$214,284
Forgiveness Date
Dec 16, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Soechting Motors INC
Address
603 E Kingsbury St
City
Seguin
State
Texas
ZIP Code
78155-2706
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (423110)
Franchise
General Motors, LLC (chevrolet, Buick, Gm, Cadillac) Dealer Sales and Service Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
27
Estimated Revenue
$8.3M
Rural/Urban
Urban
Congressional District
TX-15

Loan Use Breakdown

Payroll
$212,867

Lender Information

Servicing Lender
First United Bank and Trust Company
Originating Lender
First United Bank and Trust Company

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