Tracer Technologies Inc.

$625,000 PPP Loan in Somerville, Massachusetts

Loan Details

Loan Number
9747437102
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$625,000
Current Approval
$625,000
Forgiveness Amount
$629,340
Forgiveness Date
Dec 31, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Tracer Technologies Inc.
Address
20 Assembly Square Dr
ZIP Code
02145-1307
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Manufacturing (335912)
Business Age
Existing or more than 2 years old
Jobs Reported
50
Estimated Revenue
$13.1M
Rural/Urban
Urban
Congressional District
MA-07

Loan Use Breakdown

Payroll
$476,525
Rent
$79,038
Utilities
$69,437

Lender Information

Servicing Lender
Eastern Bank
Originating Lender
Eastern Bank

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