# PPP loan: VOLITION LOGISTICS, LLC
> **$465K** approved 04/27/2020 · Paid in Full · Loan `3730767201`
## Borrower
- **Name:** VOLITION LOGISTICS, LLC
- **Address:** 22900 REMICK DR, CLINTON TOWNSHIP, MI, 48036-2797
- **NAICS:** 488510
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $465K
- **Initial approval:** $465K
- **Forgiven:** $468K (101%)
- **Forgiveness date:** 12/02/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $350K
- **Rent:** $25K
- **Mortgage interest:** $45K
- **Utilities:** $45K
- **Jobs reported:** 26
## Lender
- **Originating:** Eastern Michigan Bank
- **Servicing:** Eastern Michigan Bank (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*