In this paper, the TRACE model for IIST facility is developed and verified with the Small Break loss of coolant accident (SBLOCA) experiment of IIST (Institute of Nuclear Energy Research Integral System Test) facility. By using the Wallis and Kutateladze correlations of countercurrent flow limitation (CCFL) model, the TRACE analyses results, such as break flow rate, primary pressure, and the temperature of cold-leg and hot-leg, are consistent with the IIST data. The results show the Kutateladze correlation of CCFL model can well predict the SBLOCA behavior and present good agreement with IIST experiment data in this paper. Besides, the sensitivity study results of Kutateladze correlation in CCFL model are verified and compared with the IIST data.