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PPP loans in Clay County, Iowa

Each amount is what the Small Business Administration approved, as SBA published it, and says nothing more about the borrower. SBA guaranteed 1,427 Paycheck Protection Program loans for businesses it recorded in Clay County, $64.3 million in all.

Clay County, as of September 30, 2024

$64.3 million
Approved
$64,328,537
0.8% of the $8.1 billion approved in Iowa.
1,427
Loans
1,019 first draws and 408 second draws.
99.4%
Forgiven
1,419 of 1,427 loans carry a forgiveness amount, $64.2 million in all.
0.2%
Charged off
3 of 1,427 loans, approved for $50,109. That is the loans' size, not what SBA lost.

The largest borrowers in Clay County · 2020–21

1 more column on a wider screen

The largest borrowers in Clay County, 2020–21
RankNameUSD
1Shine Bros. Corp., Spencer$2.0 million
2Shine Bros Corp, Spencer$2.0 million
3Vander Haag's Inc, Spencer$2.0 million
4Graham Tire Company Of Spencer, Inc., Spencer$1.9 million
5Northwest Iowa Mental Health Center, Spencer$1.4 million
5Northwest Iowa Mental Health Center, Spencer$1.4 million
7Tjn Enterprises, Inc., Spencer$1.3 million
8St Luke Home & Services, Inc, Spencer$1.1 million
9Tecton Industries, Inc., Spencer$1.0 million
10Ranco Fertiservice, Inc., Sioux Rapids$1.0 million
11Nw Ia Bone, Joint & Sports Surgeons, Pc, Spencer$842,000
12Midwestern Mechanical Of Iowa Inc, Spencer$736,655
13Longhouse-Northshire, Ltd, Spencer$716,392
14Veridian Limited, Spencer$716,200
15Johnston Auto And Ind Or Spencer Ia, Inc., Spencer$664,900
16Great Lakes Concrete, Inc., Spencer$624,600
17Metal Works, Inc., Spencer$620,000
18Great Lakes Communication Corp, Spencer$617,000
19Nolin Milling, Inc., Dickens$601,300
20Eci Jobs Inc., Spencer$513,275
21Eci Jobs, Inc., Spencer$513,200
22Winther, Stave & Co LLP, Spencer$463,400
23Midstates Builders, Inc., Spencer$463,060
24Community Housing Initiatives, Inc., Spencer$451,500
25Dyno Oil Co Inc, Spencer$444,200
26Graves Construction Co., Inc., Spencer$438,565
27Spencer Ag Center LLC, Spencer$437,600
28Graves Construction Co. Inc., Spencer$408,750
29Janitor's Closet, Ltd, Spencer$359,000
30Northwest Iowa Surgeons Pc, Spencer$352,200
30Northwest Iowa Surgeons, Pc, Spencer$352,200
32National Management Corp, Spencer$347,879
33General Machine Works Company, Spencer$327,374
34Heiter Truck Line Inc, Spencer$318,808
35Quail Construction LLC, Spencer$304,813
36Young Men's Christian Association Of Spencer Iowa, Spencer$282,400
36Young Men's Christian Association Of Spencer, Iowa, Spencer$282,400
38Drs. Fox And Boyd Family Dentistry, Plc, Spencer$271,955
39Sacred Heart Of Jesus Roman Catholic Church, Spencer$241,200
40Christians Sheet Metal Hvac Inc., Spencer$241,000
41A&M Services, Inc., Spencer$237,500
42Clay County Lodging LLC, Spencer$235,764
43Spencer Diesel Injection Turbo Inc., Spencer$235,500
44H & N Chevrolet Co. Inc, Spencer$233,500
45Pierson Motor Company Inc., Spencer$232,500
45Pierson Motor Company, Inc, Spencer$232,500
47Christians Sheet Metal Hvac, Inc., Spencer$230,700
48Del's Garden Center, Inc., Spencer$230,100
49Northwest Glass LLC, Spencer$229,209
50Asher Motor Company. Inc., Spencer$222,500
51Drs. Geyer & Binzer Pc, Spencer$222,000
51Drs. Geyer & Binzer, P.C, Spencer$222,000
51Engineered Seals & Components, L.L.C., Spencer$222,000
54Dr. Gary C. Van Hofwegen D.D.S. P.C., Spencer$212,495
55Dr. Gary C. Van Hofwegen, D.D.S., P.C., Spencer$212,400
56United Farmers Telephone Company, Everly$210,990
57Clay County Fair Association Inc., Spencer$209,952
58Carlson Property Holdings & Mgmt LLC, Spencer$207,900
59Carlson Property Holdings & Management, LLC, Spencer$194,900
60Campbell, Higgins & Mummert, Pc, Spencer$193,600
61White Glove Janitorial Service & Supplies Inc., Spencer$190,454
62Jones Dairy, L.C., Spencer$185,000
63Northwest Iowa Anesthesia Associates, Spencer$184,688
64Dr. Bryon L. Gaul DBA Gaul Dermatology, Spencer$182,300
65Orthopaedics, P.C., Spencer$177,800
66Northwest Iowa Anesthesia Ass, Spencer$175,207
67Fox International Inc, Spencer$165,016
68Best Auto Inc., Spencer$163,692
69Boji Builders Enterprises LLC, Spencer$163,000
69Boji Builders Enterprises, LLC, Spencer$163,000
71Midwest Electrical & Energy Solutions, Inc., Spencer$159,400
72Marvin & Colleen Anderson Pullets Inc, Sioux Rapids$155,192
73Midwest Electrical & Energy Solutions Inc., Spencer$151,882
74Hanson's Plumbing & Heating, Inc., Spencer$150,100
75Brecher Concrete, LLC, Spencer$148,200
76Northwest Iowa Urologists, Pc, Spencer$147,200
77Hart Family Hotels, Inc., Spencer$143,600
78Best Auto, Inc., Spencer$143,500
79Fox International Inc, Spencer$136,800
80Hart Family Hotels Inc., Spencer$135,900
81Huberg Trucking Special Inc, Spencer$135,500
82General Horizons Group, Inc., Spencer$135,000
83Cornwall Avery Bjornstad & Scott, Spencer$134,349
844Under LLC, Spencer$132,400
85Mugge & Mugge Farms Inc., Greenville$131,292
86Midwest Radiology & Imaging, Pc, Spencer$130,900
87Stay In Home Care, Inc., Royal$130,300
88Crown Clinics LLC, Royal$128,650
89P&H Cabinets, Inc, Spencer$128,400
90Stay In Home Care, Inc., Royal$127,685
91Stl Logistics LLC, Spencer$126,620
92Huberg Trucking Special, Inc., Royal$120,000
93Crown Clinics LLC, Royal$117,624
94Commstock Investments Inc., Royal$115,100
95Karen Potaczek, DDS, Pc, Spencer$114,100
96Elite Hospitality Management LLC, Spencer$108,500
97General Traffic Controls, Inc., Spencer$108,200
98Design Masters Of Spencer, Inc., Spencer$108,100
99Montgomery, Barry, Bovee, Steffen And Davis, LLP, Spencer$107,900
100Community Insurance Group, Spencer$107,803

How the list is drawn

  • 100 of the 1,279 borrowers ranked in Clay 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 Clay 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

Compiled automatically from SBA Paycheck Protection Program (PPP) FOIA — loan-level data and Census Bureau county population estimates by a checked SQL query · Editor: Kian O'Connor · How this site is built

Data retrieved