PPP Loan information for Variation reduction solutions, inc.

$1,422,200

Variation reduction solutions, inc. was initially approved for PPP Loan of amount $1,422,200, the current approved amount is $1,422,200. The loan was approved on 04/27/2020 by The Comerica Bank reported 88 jobs and $1,422,200 was used to fund payroll.

Variation reduction solutions, inc. is Existing or more than 2 years old

VARIATION REDUCTION SOLUTIONS, INC.

Date Approved

04/27/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

VARIATION REDUCTION SOLUTIONS, INC.

Borrower Address

14901 galleon ct

Borrower City

Plymouth

Borrower State

MI

Borrower Zip

48170-6536

Loan Status Date

03/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1422200.00

Current Approval Amount

1422200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33850

Servicing Lender Name

Comerica Bank

Servicing Lender Address

1717 Main St

Servicing Lender City

DALLAS

Servicing Lender State

TX

Servicing Lender Zip

75201-4612

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Plymouth

Project County Name

WAYNE

Project State

MI

Project Zip

48170-6536

CD

MI-06

Jobs Reported

88

NAICS Code

541330

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1137800.00

Mortgage Interest Proceed

284400.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

33850

Originating Lender

Comerica Bank

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1433735.62

Forgiveness Date

02/17/2021

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