PPP loans in Blue Earth County, Minnesota

Name: Blue Earth County, Minnesota
Address: MN, US

Each amount is what the Small Business Administration approved, as SBA published it, and says nothing more about the borrower. SBA guaranteed 3,077 Paycheck Protection Program loans for businesses it recorded in Blue Earth County, $231.1 million in all.

Blue Earth County, as of September 30, 2024

$231.1 million
Approved: $231,104,210; 1.4% of the $16.6 billion approved in Minnesota.; 3,077
Loans: 2,308 first draws and 769 second draws.; 97.9%
Forgiven: 3,012 of 3,077 loans carry a forgiveness amount, $230.9 million in all.; 1.5%
Charged off: 45 of 3,077 loans, approved for $771.4 thousand. That is the loans' size, not what SBA lost.

The largest borrowers in Blue Earth County · 2020–21

1 more column on a wider screen

The largest borrowers in Blue Earth County, 2020–21
Rank	Name	USD	Loans
1	Bolton & Menk, Inc., Mankato	$10.0 million$10,000,000	1
1	Mankato Clinic, Ltd, Mankato	$10.0 million$10,000,000	1
3	I & S Group, Inc, Mankato	$5.4 million$5,389,221	1
4	Tony Downs Foods Co, Mankato	$4.3 million$4,331,200	1
5	Crystal Valley Cooperative, Mankato	$3.9 million$3,911,000	1
6	Mankato Rehabilitation Center, Inc., Mankato	$3.6 million$3,551,500	1
7	E.I. Microcircuits, Inc., Mankato	$3.5 million$3,533,852	1
8	Vetter Stone Company, Mankato	$3.0 million$2,961,000	2
9	Abdo, Eick & Meyers, LLP, Mankato	$2.6 million$2,630,000	1
10	Jones Metal Inc, Mankato	$2.6 million$2,626,800	2
11	Big Gain, Inc., Mankato	$2.6 million$2,581,400	1
12	A.H. Hermel Candy & Tobacco Co., Mankato	$2.5 million$2,503,600	2
13	The Dotson Company, Inc., Mankato	$2.1 million$2,054,203	1
14	Bethany Lutheran College, Mankato	$1.8 million$1,836,100	1
15	Orthopaedic & Fracture Clinic, P.A., Mankato	$1.8 million$1,801,900	1
16	Snell Motors, Inc., Mankato	$1.6 million$1,595,500	1
17	Harry Meyering Center, Inc, Mankato	$1.6 million$1,573,700	1
18	Monarch Healthcare Operating Vii LLC, Mankato	$1.4 million$1,385,728	1
19	Mankato Motor Company, Mankato	$1.3 million$1,341,280	1
20	Condux International Inc., Mankato	$1.3 million$1,334,000	1
21	Hiniker Company, Mankato	$1.2 million$1,218,500	1
22	Paape Distributing Company, Mankato	$1.2 million$1,180,959	1
22	Paape Distributing Company, Mankato	$1.2 million$1,180,959	1
24	Horizon Homes, Inc., Mankato	$1.2 million$1,166,000	1
25	Kato Roofing, Inc, Mankato	$1.2 million$1,161,677	2
26	Wellcome Manor Family Services, Garden City	$1.2 million$1,155,800	2
27	Mankato Area Catholic Schools, Inc., Mankato	$1.1 million$1,094,522	2
28	Holtmeier Construction, Inc, Mankato	$1.1 million$1,082,700	1
29	Crysteel Truck Equipment, Inc, Lake Crystal	$1.1 million$1,068,800	1
30	Lloyd Management Company, Mankato	$1.0 million$1,045,700	1
31	Javens Mechanical Contracting Co., Mankato	$1.0 million$1,038,079	2
32	Subarctic Media LLC, Mankato	$1.0 million$1,023,630	2
33	Tailwind Group, Inc., Mankato	$990.1 thousand$990,100	1
34	Industrial Fabrication Services Inc, Lake Crystal	$989.1 thousand$989,144	1
35	Industrial Fabrication Services, Inc, Lake Crystal	$989.1 thousand$989,100	1
36	Robert W Carlstrom Co. Inc., Mankato	$955.0 thousand$955,000	1
36	Robert W Carlstrom Company, Mankato	$955.0 thousand$955,000	1
38	Pro Fabrication Inc., Madison Lake	$920.2 thousand$920,241	1
38	Pro Fabrication, Inc., Madison Lake	$920.2 thousand$920,241	1
40	Bamco Inc, Mankato	$900.3 thousand$900,300	1
41	Mankato Surgical Center, LLC, Mankato	$865.5 thousand$865,500	1
42	Lil' Bee's Learning Center, LLC, Mankato	$803.6 thousand$803,600	2
43	Americare Mobility Van Inc., Mankato	$790.3 thousand$790,292	2
44	Haugbeck Homes, Inc., Mankato	$783.4 thousand$783,400	1
45	Mapleton Community Home, Mapleton	$783.3 thousand$783,334	1
46	Downs Food Group, Inc., Mankato	$760.1 thousand$760,100	1
47	Minnesota Warehouse Sales, Inc., Mankato	$759.0 thousand$758,965	2
48	Dirt Merchant, Inc, Mankato	$732.0 thousand$732,000	1
49	Kato Cable, Mankato	$717.7 thousand$717,740	1
50	Mankato Ford, LLC, Mankato	$716.9 thousand$716,900	1
51	House Of Hope Inc., Mankato	$710.9 thousand$710,919	1
52	All American Foods, Inc., Mankato	$697.4 thousand$697,400	1
53	Mapleton Community Home, Inc, Mapleton	$686.8 thousand$686,800	1
54	Associated Finishing, Inc, Mankato	$679.7 thousand$679,700	1
55	Tire Associates Warehouse Inc, Mankato	$668.8 thousand$668,775	1
56	Monarch Healthcare Management LLC, Mankato	$662.8 thousand$662,765	1
57	Wendell Lorentz & Sons Construction Inc., Mankato	$648.6 thousand$648,645	1
58	Minnesota Pork, Inc, Amboy	$629.2 thousand$629,200	1
59	Schmidt Siding And Window, Inc, Mankato	$626.6 thousand$626,600	1
60	V-Tek, Inc, Mankato	$625.5 thousand$625,500	1
61	Open Door Health Center, Mankato	$623.2 thousand$623,155	1
62	Bac Legacy, LLC, Prairie Du Sac, WI	$621.2 thousand$621,200	1
63	V-Tek Inc., Mankato	$612.8 thousand$612,750	1
64	Mankato Motors, LLC, Mankato	$609.5 thousand$609,459	1
65	Blethen Gage & Krause Pllp, Mankato	$606.7 thousand$606,700	1
66	R & E Enterprises Of Mankato, Inc., Mankato	$595.1 thousand$595,133	1
67	North Star Aviation Inc, Mankato	$587.7 thousand$587,700	1
67	North Star Aviation Inc., Mankato	$587.7 thousand$587,700	1
69	Tavern On The Ave LLC, Mankato	$558.7 thousand$558,685	2
70	Drummer Corporation, Mankato	$551.9 thousand$551,900	2
71	Minnesota Pork Inc., Amboy	$550.8 thousand$550,769	1
72	Progressive Living, Inc., Mankato	$550.7 thousand$550,700	1
73	Carlson-Tillisch Eye Clinic, Ltd, Mankato	$536.3 thousand$536,300	2
74	Fbo Cp Inc, Mankato	$532.9 thousand$532,888	2
75	Western Specialized Inc, Mankato	$506.7 thousand$506,700	1
76	The Young Men's Christian Association Of Mankato, Mankato	$501.1 thousand$501,084	1
77	Ameristar Industries Inc, Mankato	$495.2 thousand$495,200	1
77	Ameristar Manufacturing, Inc., Mankato	$495.2 thousand$495,200	1
79	Young Men's Christian Association Of Mankato Inc, Mankato	$493.3 thousand$493,285	1
80	Two Joes Inc, Mankato	$484.7 thousand$484,704	1
81	W. Lorentz & Sons Construction, Inc., Mankato	$475.6 thousand$475,600	1
82	G M Contracting, Inc., Lake Crystal	$462.5 thousand$462,500	1
83	Micro-Trak Systems, Inc., Eagle Lake	$451.6 thousand$451,600	1
84	Web Construction Company, Mankato	$451.0 thousand$451,000	1
85	Judson Tank Company, Mankato	$447.3 thousand$447,253	2
86	Edi-Dolejs, Inc., Mankato	$443.0 thousand$443,000	1
87	W W Blacktopping Inc, Mankato	$439.5 thousand$439,462	1
88	Mankato Auto Center LLC, Mankato	$435.5 thousand$435,500	1
89	Mount Kato LLC, Mankato	$435.0 thousand$435,000	2
90	Jerry's Abra Auto Body & Glass, Mankato	$427.6 thousand$427,650	1
91	Two Joes, Inc, Mankato	$427.4 thousand$427,400	1
92	Volk Transfer Inc, Mankato	$427.2 thousand$427,200	1
93	Liv Salon & Spa Inc., Mankato	$423.7 thousand$423,662	1
94	Liv Salon & Spa Inc, Mankato	$423.6 thousand$423,600	1
95	Protein Sources, LLP, Mapleton	$413.5 thousand$413,500	1
96	Borchert Enterprises, Inc., Mankato	$406.1 thousand$406,100	1
97	Southern Minnesota Independent Living Enterprises & Services, Mankato	$401.7 thousand$401,700	1
98	Borchert Enterprises Inc., Mankato	$399.9 thousand$399,901	1
99	Guaranteed Electric Service, Inc., Mankato	$394.9 thousand$394,922	2
100	Ag Management Solutions LLC, Mankato	$390.6 thousand$390,600	1

How the list is drawn

100 of the 2,795 borrowers ranked in Blue Earth County are listed: every one ranked in the top 100, with ties. Borrowers approved the same amount share a rank, so the list can be longer than 100.
A borrower is ranked here when SBA recorded its first loan in Blue Earth County. Its amount is summed over every loan it was approved, a first draw, a second or both, and is not what was forgiven or repaid, which each borrower’s page shows loan by loan.

Sources

SBA Paycheck Protection Program (PPP) FOIA — loan-level data — U.S. Small Business Administration · Public domain — U.S. Government work · retrieved September 25, 2026
Census Bureau county population estimates — U.S. Census Bureau · U.S. Government work · retrieved September 23, 2026

Data retrieved September 23, 2026

Blue Earth County, as of September 30, 2024

The largest borrowers in Blue Earth County · 2020–21

How the list is drawn

Related

Sources