PPP Loan information for Tracer technologies inc.

$650,000

Tracer technologies inc. was initially approved for PPP Loan of amount $650,000, the current approved amount is $650,000. The loan was approved on 02/24/2021 by The Cambridge Trust Company reported 43 jobs and $650,000 was used to fund payroll.

Tracer technologies inc. is Existing or more than 2 years old

PPP Loan Search / MA / Somerville / Tracer technologies inc.

TRACER TECHNOLOGIES INC.

Date Approved

02/24/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

TRACER TECHNOLOGIES INC.

Borrower Address

20 Assembly Square Dr Somerville Ma 02145-1307

Borrower City

Somerville

Borrower State

MA

Borrower Zip

02145-1307

Loan Status Date

11/11/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

650000.00

Current Approval Amount

650000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32708

Servicing Lender Name

Cambridge Trust Company

Servicing Lender Address

1336 Massachusetts Ave

Servicing Lender City

CAMBRIDGE

Servicing Lender State

MA

Servicing Lender Zip

02138-3842

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Somerville

Project County Name

MIDDLESEX

Project State

MA

Project Zip

02145-1307

CD

MA-07

Jobs Reported

43

NAICS Code

335912

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

649998.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

32708

Originating Lender

Cambridge Trust Company

Originating Lender City

CAMBRIDGE

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

654243.06

Forgiveness Date

10/20/2021

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