Demetech Corporation

5980 Miami Lakes Drive, Miami Lakes, FL 33014 · Surgical and Medical Instrument Manufacturing (NAICS 339112)

Loan Summary

Source: SBA FOIA Loan-Level Data

Total Loans

12

Total Amount

$37.5M

Jobs Supported

445

Years Active

2012–2021

Loan History (12)

Source: SBA FOIA
504$5,500,000
Exempt
Approved
Nov 10, 2020 (FY2021)
Term
300 months (25.0 yrs)
Jobs Supported
141
Business Type
Corporation
Business Age
Existing or More Than 2 Years Old
Industry
Surgical and Medical Instrument Manufacturing (NAICS 339112)

Lender

First American Bank

Certified Development Company (CDC)

Florida First Capital Finance

1351 N. Gadsden Street, Tallahassee, FL 32303

Third-Party Lender

First American Bank · Elk Grove Village, IL

Project Location

Miami-dade County, FL

7(a)$4,000,000
Paid in Full
Approved
Jun 26, 2019 (FY2019)
SBA Guaranteed
$3,600,000 (90%)
Term
12 months (1.0 yrs)
Interest Rate
6.50%
Revolver
1
Jobs Supported
76
Business Type
Corporation
Business Age
Existing or More Than 2 Years Old
Industry
Surgical and Medical Instrument Manufacturing (NAICS 339112)
Paid in Full
May 31, 2020

Lender

First American Bank

700 Busse Rd, Elk Grove Village, IL 60007

Project Location

Miami-dade County, FL

7(a)$4,000,000
Paid in Full
Approved
Jun 26, 2018 (FY2018)
SBA Guaranteed
$3,600,000 (90%)
Term
12 months (1.0 yrs)
Interest Rate
6.00%
Revolver
1
Jobs Supported
5
Business Type
Corporation
Business Age
Existing or More Than 2 Years Old
Industry
Surgical and Medical Instrument Manufacturing (NAICS 339112)
Paid in Full
May 31, 2019

Lender

First American Bank

700 Busse Rd, Elk Grove Village, IL 60007

Project Location

Miami-dade County, FL

7(a)$3,000,000
Paid in Full
Approved
Jun 19, 2017 (FY2017)
SBA Guaranteed
$2,700,000 (90%)
Term
12 months (1.0 yrs)
Interest Rate
5.25%
Revolver
1
Jobs Supported
64
Business Type
Corporation
Industry
Surgical and Medical Instrument Manufacturing (NAICS 339112)
Paid in Full
May 31, 2018

Lender

First American Bank

700 Busse Rd, Elk Grove Village, IL 60007

Project Location

Miami-dade County, FL

7(a)$3,000,000
Paid in Full
Approved
Jun 23, 2016 (FY2016)
SBA Guaranteed
$2,700,000 (90%)
Term
12 months (1.0 yrs)
Interest Rate
4.50%
Revolver
1
Business Type
Corporation
Industry
Surgical and Medical Instrument Manufacturing (NAICS 339112)
Paid in Full
May 31, 2017

Lender

First American Bank

700 Busse Rd, Elk Grove Village, IL 60007

Project Location

Miami-dade County, FL

7(a)$3,000,000
Paid in Full
Approved
Mar 21, 2016 (FY2016)
SBA Guaranteed
$2,700,000 (90%)
Term
12 months (1.0 yrs)
Interest Rate
4.50%
Revolver
1
Business Type
Corporation
Industry
Other Miscellaneous Nondurable Goods Merchant Wholesalers (NAICS 424990)
Paid in Full
May 31, 2016

Lender

First American Bank

700 Busse Rd, Elk Grove Village, IL 60007

Project Location

Miami-dade County, FL

7(a)$3,000,000
Paid in Full
Approved
Mar 23, 2015 (FY2015)
SBA Guaranteed
$2,700,000 (90%)
Term
12 months (1.0 yrs)
Interest Rate
4.25%
Revolver
1
Business Type
Corporation
Industry
Surgical and Medical Instrument Manufacturing (NAICS 339112)
Paid in Full
Feb 29, 2016

Lender

First American Bank

700 Busse Rd, Elk Grove Village, IL 60007

Project Location

Miami-dade County, FL

7(a)$1,500,000
Cancelled
Approved
Mar 25, 2014 (FY2014)
SBA Guaranteed
$1,350,000 (90%)
Term
12 months (1.0 yrs)
Interest Rate
5.25%
Revolver
1
Business Type
Corporation
Industry
Surgical and Medical Instrument Manufacturing (NAICS 339112)

Lender

First American Bank

700 Busse Rd, Elk Grove Village, IL 60007

Project Location

Miami-dade County, FL

7(a)$2,500,000
Paid in Full
Approved
Mar 25, 2014 (FY2014)
SBA Guaranteed
$2,250,000 (90%)
Term
12 months (1.0 yrs)
Interest Rate
4.25%
Revolver
1
Business Type
Corporation
Industry
Surgical and Medical Instrument Manufacturing (NAICS 339112)
Paid in Full
Feb 28, 2015

Lender

First American Bank

700 Busse Rd, Elk Grove Village, IL 60007

Project Location

Miami-dade County, FL

7(a)$1,500,000
Paid in Full
Approved
Mar 25, 2013 (FY2013)
SBA Guaranteed
$1,350,000 (90%)
Term
12 months (1.0 yrs)
Interest Rate
4.25%
Revolver
1
Jobs Supported
52
Business Type
Corporation
Industry
Surgical and Medical Instrument Manufacturing (NAICS 339112)
Paid in Full
Feb 28, 2014

Lender

First American Bank

700 Busse Rd, Elk Grove Village, IL 60007

Project Location

Miami-dade County, FL

7(a)$2,500,000
Paid in Full
Approved
Mar 25, 2013 (FY2013)
SBA Guaranteed
$2,250,000 (90%)
Term
12 months (1.0 yrs)
Interest Rate
4.25%
Revolver
1
Jobs Supported
52
Business Type
Corporation
Industry
Surgical and Medical Instrument Manufacturing (NAICS 339112)
Paid in Full
Feb 28, 2014

Lender

First American Bank

700 Busse Rd, Elk Grove Village, IL 60007

Project Location

Miami-dade County, FL

7(a)$4,000,000
Paid in Full
Approved
Mar 14, 2012 (FY2012)
SBA Guaranteed
$3,600,000 (90%)
Term
12 months (1.0 yrs)
Interest Rate
5.25%
Revolver
1
Jobs Supported
55
Business Type
Corporation
Industry
Surgical and Medical Instrument Manufacturing (NAICS 339112)
Paid in Full
Feb 28, 2013

Lender

First American Bank

700 Busse Rd, Elk Grove Village, IL 60007

Project Location

Miami-dade County, FL

Business Details

Business Type
Corporation
Business Age
Existing or More Than 2 Years Old
NAICS Code
339112 — Surgical and Medical Instrument Manufacturing
Address
5980 Miami Lakes Drive
Miami Lakes, FL 33014

Lender

First American Bank

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