Dakota Automation, Inc.

$508,600 PPP Loan in Watertown, South Dakota

Loan Details

Loan Number
4392937009
Date Approved
Apr 3, 2020
Loan Status
Paid in Full
Initial Approval
$508,600
Current Approval
$508,600
Forgiveness Amount
$512,641
Forgiveness Date
Jan 20, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Dakota Automation, Inc.
Address
501 Pheasant Ridge Drive
ZIP Code
57201-9102
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (333249)
Business Age
Existing or more than 2 years old
Jobs Reported
33
Estimated Revenue
$8.6M
Rural/Urban
Urban
Congressional District
SD-

Loan Use Breakdown

Payroll
$406,880
Rent
$50,860
Utilities
$50,860

Lender Information

Servicing Lender
Reliabank Dakota
Originating Lender
Reliabank Dakota

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