# PPP loan: TRUELITE TRACE INC.
> **$742K** approved 04/15/2020 · Paid in Full · Loan `2141667203`
## Borrower
- **Name:** TRUELITE TRACE INC.
- **Address:** 675 N 1st Street Suite 1100, San Jose, CA, 95112
- **NAICS:** 518210
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $742K
- **Initial approval:** $742K
- **Forgiven:** $752K (101%)
- **Forgiveness date:** 08/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $742K
- **Jobs reported:** 84
## Lender
- **Originating:** Silicon Valley Bridge Bank NA
- **Servicing:** First-Citizens Bank & Trust Company (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*