PPP Loan information for Dakota tube, inc.

$2,213,800

Dakota tube, inc. was initially approved for PPP Loan of amount $2,213,800, the current approved amount is $2,213,800. The loan was approved on 04/07/2020 by The Dacotah Bank reported 217 jobs and $2,213,800 was used to fund payroll.

Dakota tube, inc. is Existing or more than 2 years old

PPP Loan Search / SD / WATERTOWN / Dakota tube, inc.

DAKOTA TUBE, INC.

Date Approved

04/07/2020

SBA Office Code

0876

Processing Method

PPP

Borrower Name

DAKOTA TUBE, INC.

Borrower Address

221 AIRPORT DR

Borrower City

WATERTOWN

Borrower State

SD

Borrower Zip

57201-5604

Loan Status Date

06/01/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2213800.00

Current Approval Amount

2213800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66384

Servicing Lender Name

Dacotah Bank

Servicing Lender Address

308 S Main St

Servicing Lender City

ABERDEEN

Servicing Lender State

SD

Servicing Lender Zip

57401-4146

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WATERTOWN

Project County Name

CODINGTON

Project State

SD

Project Zip

57201-5604

CD

SD-

Jobs Reported

217

NAICS Code

332911

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

55300.00

Payroll Proceed

2043290.00

Mortgage Interest Proceed

0.00

Rent Proceed

60000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

55210

Business Type

Subchapter S Corporation

Originating Lender Location Id

66384

Originating Lender

Dacotah Bank

Originating Lender City

ABERDEEN

Originating Lender State

SD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2239566.17

Forgiveness Date

06/11/2021

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