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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 $50.1 thousand. 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$842.0 thousand
12Midwestern Mechanical Of Iowa Inc, Spencer$736.7 thousand
13Longhouse-Northshire, Ltd, Spencer$716.4 thousand
14Veridian Limited, Spencer$716.2 thousand
15Johnston Auto And Ind Or Spencer Ia, Inc., Spencer$664.9 thousand
16Great Lakes Concrete, Inc., Spencer$624.6 thousand
17Metal Works, Inc., Spencer$620.0 thousand
18Great Lakes Communication Corp, Spencer$617.0 thousand
19Nolin Milling, Inc., Dickens$601.3 thousand
20Eci Jobs Inc., Spencer$513.3 thousand
21Eci Jobs, Inc., Spencer$513.2 thousand
22Winther, Stave & Co LLP, Spencer$463.4 thousand
23Midstates Builders, Inc., Spencer$463.1 thousand
24Community Housing Initiatives, Inc., Spencer$451.5 thousand
25Dyno Oil Co Inc, Spencer$444.2 thousand
26Graves Construction Co., Inc., Spencer$438.6 thousand
27Spencer Ag Center LLC, Spencer$437.6 thousand
28Graves Construction Co. Inc., Spencer$408.8 thousand
29Janitor's Closet, Ltd, Spencer$359.0 thousand
30Northwest Iowa Surgeons Pc, Spencer$352.2 thousand
30Northwest Iowa Surgeons, Pc, Spencer$352.2 thousand
32National Management Corp, Spencer$347.9 thousand
33General Machine Works Company, Spencer$327.4 thousand
34Heiter Truck Line Inc, Spencer$318.8 thousand
35Quail Construction LLC, Spencer$304.8 thousand
36Young Men's Christian Association Of Spencer Iowa, Spencer$282.4 thousand
36Young Men's Christian Association Of Spencer, Iowa, Spencer$282.4 thousand
38Drs. Fox And Boyd Family Dentistry, Plc, Spencer$272.0 thousand
39Sacred Heart Of Jesus Roman Catholic Church, Spencer$241.2 thousand
40Christians Sheet Metal Hvac Inc., Spencer$241.0 thousand
41A&M Services, Inc., Spencer$237.5 thousand
42Clay County Lodging LLC, Spencer$235.8 thousand
43Spencer Diesel Injection Turbo Inc., Spencer$235.5 thousand
44H & N Chevrolet Co. Inc, Spencer$233.5 thousand
45Pierson Motor Company Inc., Spencer$232.5 thousand
45Pierson Motor Company, Inc, Spencer$232.5 thousand
47Christians Sheet Metal Hvac, Inc., Spencer$230.7 thousand
48Del's Garden Center, Inc., Spencer$230.1 thousand
49Northwest Glass LLC, Spencer$229.2 thousand
50Asher Motor Company. Inc., Spencer$222.5 thousand
51Drs. Geyer & Binzer Pc, Spencer$222.0 thousand
51Drs. Geyer & Binzer, P.C, Spencer$222.0 thousand
51Engineered Seals & Components, L.L.C., Spencer$222.0 thousand
54Dr. Gary C. Van Hofwegen D.D.S. P.C., Spencer$212.5 thousand
55Dr. Gary C. Van Hofwegen, D.D.S., P.C., Spencer$212.4 thousand
56United Farmers Telephone Company, Everly$211.0 thousand
57Clay County Fair Association Inc., Spencer$210.0 thousand
58Carlson Property Holdings & Mgmt LLC, Spencer$207.9 thousand
59Carlson Property Holdings & Management, LLC, Spencer$194.9 thousand
60Campbell, Higgins & Mummert, Pc, Spencer$193.6 thousand
61White Glove Janitorial Service & Supplies Inc., Spencer$190.5 thousand
62Jones Dairy, L.C., Spencer$185.0 thousand
63Northwest Iowa Anesthesia Associates, Spencer$184.7 thousand
64Dr. Bryon L. Gaul DBA Gaul Dermatology, Spencer$182.3 thousand
65Orthopaedics, P.C., Spencer$177.8 thousand
66Northwest Iowa Anesthesia Ass, Spencer$175.2 thousand
67Fox International Inc, Spencer$165.0 thousand
68Best Auto Inc., Spencer$163.7 thousand
69Boji Builders Enterprises LLC, Spencer$163.0 thousand
69Boji Builders Enterprises, LLC, Spencer$163.0 thousand
71Midwest Electrical & Energy Solutions, Inc., Spencer$159.4 thousand
72Marvin & Colleen Anderson Pullets Inc, Sioux Rapids$155.2 thousand
73Midwest Electrical & Energy Solutions Inc., Spencer$151.9 thousand
74Hanson's Plumbing & Heating, Inc., Spencer$150.1 thousand
75Brecher Concrete, LLC, Spencer$148.2 thousand
76Northwest Iowa Urologists, Pc, Spencer$147.2 thousand
77Hart Family Hotels, Inc., Spencer$143.6 thousand
78Best Auto, Inc., Spencer$143.5 thousand
79Fox International Inc, Spencer$136.8 thousand
80Hart Family Hotels Inc., Spencer$135.9 thousand
81Huberg Trucking Special Inc, Spencer$135.5 thousand
82General Horizons Group, Inc., Spencer$135.0 thousand
83Cornwall Avery Bjornstad & Scott, Spencer$134.3 thousand
844Under LLC, Spencer$132.4 thousand
85Mugge & Mugge Farms Inc., Greenville$131.3 thousand
86Midwest Radiology & Imaging, Pc, Spencer$130.9 thousand
87Stay In Home Care, Inc., Royal$130.3 thousand
88Crown Clinics LLC, Royal$128.7 thousand
89P&H Cabinets, Inc, Spencer$128.4 thousand
90Stay In Home Care, Inc., Royal$127.7 thousand
91Stl Logistics LLC, Spencer$126.6 thousand
92Huberg Trucking Special, Inc., Royal$120.0 thousand
93Crown Clinics LLC, Royal$117.6 thousand
94Commstock Investments Inc., Royal$115.1 thousand
95Karen Potaczek, DDS, Pc, Spencer$114.1 thousand
96Elite Hospitality Management LLC, Spencer$108.5 thousand
97General Traffic Controls, Inc., Spencer$108.2 thousand
98Design Masters Of Spencer, Inc., Spencer$108.1 thousand
99Montgomery, Barry, Bovee, Steffen And Davis, LLP, Spencer$107.9 thousand
100Community Insurance Group, Spencer$107.8 thousand

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

Data retrieved