# PPP loan: TRACTION CORPORATION
> **$532K** approved 05/01/2020 · Paid in Full · Loan `7941627704`
## Borrower
- **Name:** TRACTION CORPORATION
- **Address:** 1349 Larkin St., San Francisco, CA, 94109
- **NAICS:** 541810
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $532K
- **Initial approval:** $532K
- **Forgiven:** $428K (80%)
- **Forgiveness date:** 11/12/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $532K
- **Jobs reported:** 26
## Lender
- **Originating:** Zions Bank, A Division of
- **Servicing:** Zions Bank, A Division of (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*