COVID Stimulus Watch Individual Entry
Recipient Company:
SANARA MEDTECH INC.
Loan or Loan Guarantee Amount:
$583,000
Recipient Details
Ownership Structure: publicly traded (ticker symbol SMTI)
Facility Street Address: 1200 Summit Avenue
Facility City: FORT WORTH
Facility State: TX
Facility Zip Code: 76102
Facility Congressional District: TX-12
Facility NAICS Code: 339112 : Surgical and Medical Instrument Manufacturing
Award Details
Award Date: Apr 6, 2020
Award Type: loan
Jobs Reported at Time of Application: 20
PPP Lender: Cadence Bank, National Association
Program Name: Paycheck Protection Program ($150,000 and up)
Legislation: CARES
Awarding Agency: Small Business Administration
Data Source for Award:
https://www.sec.gov/Archives/edgar/data/714256/000165495420004644/smti_8...
Parent Company Data
Parent Company: Sanara MedTech Inc.
Headquartered in: Texas
Parent Sector: medical equipment and supplies
Parent Industry: wound care products
Employees (prior to pandemic): 40
Accountability Issues Since 2010
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CEO Compensation: $295,667
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