DAKOTA RED CORPORATION

Summary of PPP (Paycheck Protection Program) Loan approved to DAKOTA RED CORPORATION by Farmers & Merchants Savings Bank. The loan was approved on 4/10/2020 in the range of $1-2 million.

Business Information

Name:

DAKOTA RED CORPORATION

650 12TH AVE SW
CEDAR RAPIDS, IA 52404
Business type: Corporation
Nonmetallic Mineral Product Manufacturing
→ Ready-Mix Concrete Manufacturing
Non-profit: No
Loan amount: $1-2 million
(50 Jobs retained)
Date approved: April 10, 2020
Lender Farmers & Merchants Savings Bank

Note: Only loans exceeding $150,000 are displayed here. Businesses receiving PPP loans less than $150,000 are excluded. Additionally, borrowers that received PPP loans but have since return it, are also excluded.

The Paycheck Protection Program prioritizes millions of Americans employed by small businesses by authorizing up to $659 billion toward job retention and certain other expenses. Read more information about the Paycheck Protection Program or the CARES Act.