Date Approved
04/27/2020
SBA Office Code
0515
Processing Method
PPP
Borrower Name
VOLITION LOGISTICS, LLC
Borrower Address
22900 REMICK DR
Borrower City
CLINTON TOWNSHIP
Borrower State
MI
Borrower Zip
48036-2797
Loan Status Date
01/16/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
465400.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
33734
Servicing Lender Name
Eastern Michigan Bank
Servicing Lender Address
65 N Howard Ave
Servicing Lender City
CROSWELL
Servicing Lender State
Servicing Lender Zip
48422-1222
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Y
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
MACOMB
Project State
Project Zip
CD
MI-10
Jobs Reported
26
NAICS Code
488510
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
45000.00
Payroll Proceed
350000.00
Mortgage Interest Proceed
Rent Proceed
25400.00
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
468166.90
Forgiveness Date
12/02/2020