Dakota Tube, Inc.
$2,213,800 PPP Loan in Watertown, South Dakota
Loan Details
- Loan Number
- 7596747006
- Date Approved
- Apr 7, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $2,213,800
- Current Approval
- $2,213,800
- Forgiveness Amount
- $2,239,566
- Forgiveness Date
- Jun 11, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Dakota Tube, Inc.
- Address
- 221 Airport Dr
- City
- Watertown
- State
- South Dakota
- ZIP Code
- 57201-5604
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Manufacturing (332911)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 217
- Estimated Revenue
- $53.0M
- Rural/Urban
- Urban
- Congressional District
- SD-
Loan Use Breakdown
- Payroll
- $2,043,290
- Rent
- $60,000
- Utilities
- $55,300
- Debt Interest
- $55,210
Lender Information
- Servicing Lender
- Dacotah Bank
- Originating Lender
- Dacotah Bank
Other PPP Loans in Watertown, SD
| Business | Approved | |
|---|---|---|
| Dakota Bodies, LLC | $4,710,900 |  Research |
| Persona, INC | $3,486,675 | Research |
| Building Products Inc. | $2,985,200 | Research |
| Dakota Sioux Casino & Hotel | $1,999,500 | Research |
| Dakota Tube INC | $1,989,047 | Research |
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