Company: Watertown Development Company/Dakota Tube Parent Company: Subsidy Source: state Location: South Dakota City: WatertownÂ Year: 2020 Value of Loan, Loan Guarantee or Bailout Assistance: $897,696 Loan Value Notes: Loan amounts do not reflect repayments. See the original source for that information. Program Name: Revolving Economic Development and Initiative (REDI) Fund Awarding Agency: Governor's Office of Economic Development Type of Subsidy: loan Number of Jobs or Training Slots: 45 Capital Investment: $2,095,392 Source of Data: (click here) Notes: Subsidy is loan amount. Jobs are projected FTEs. Investment is amount projected. Year is CY. Source Notes: If an online information source is not working, check the Tracker inventory page for an updated link.