# PPP loan: VERITRACE, INC.
> **$312K** approved 07/21/2020 · Paid in Full · Loan `6316328105`
## Borrower
- **Name:** VERITRACE, INC.
- **Address:** 9487 Dry Fork Road, HARRISON, OH, 45030-2900
- **NAICS:** 541990
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $312K
- **Initial approval:** $312K
- **Forgiven:** $313K (100%)
- **Forgiveness date:** 01/12/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $312K
- **Jobs reported:** 25
## Lender
- **Originating:** CIBC Bank USA
- **Servicing:** CIBC Bank USA (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · MORVS · CC0 1.0*