Dakota Red Corporation
$1,438,100 PPP Loan in Cedar Rapids, Iowa
Loan Details
- Loan Number
- 1540677100
- Date Approved
- Apr 10, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $1,438,100
- Current Approval
- $1,438,100
- Forgiveness Amount
- $1,446,808
- Forgiveness Date
- Nov 25, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Dakota Red Corporation
- Address
- 650 12th Ave SW
- City
- Cedar Rapids
- State
- Iowa
- ZIP Code
- 52404-1962
- Business Type
- Corporation
- Industry (NAICS)
- Manufacturing (327320)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 78
- Estimated Revenue
- $77.4M
- Rural/Urban
- Urban
- Congressional District
- IA-02
Loan Use Breakdown
- Payroll
- $1,438,100
Lender Information
- Servicing Lender
- Farmers & Merchants Savings Bank
- Originating Lender
- Farmers & Merchants Savings Bank
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