# PPP loan: DEMETECH CORPORATION
> **$548K** approved 04/13/2020 · Paid in Full · Loan `5088837101`
## Borrower
- **Name:** DEMETECH CORPORATION
- **Address:** 14175 NW 60 AVE, MIAMI LAKES, FL, 33014-3130
- **NAICS:** 339112
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $548K
- **Initial approval:** $548K
- **Forgiven:** $555K (101%)
- **Forgiveness date:** 08/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $548K
- **Jobs reported:** 94
## Lender
- **Originating:** First American Bank
- **Servicing:** First American Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*