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PPP loans in Faribault County, Minnesota

Each amount is what the Small Business Administration approved, as SBA published it, and says nothing more about the borrower. SBA guaranteed 1,441 Paycheck Protection Program loans for businesses it recorded in Faribault County, $37.3 million in all.

Faribault County, as of September 30, 2024

$37.3 million
Approved
$37,275,266
0.2% of the $16.6 billion approved in Minnesota.
1,441
Loans
1,051 first draws and 390 second draws.
99.5%
Forgiven
1,434 of 1,441 loans carry a forgiveness amount, $37.3 million in all.
0.1%
Charged off
1 of 1,441 loans, approved for $20,623. That is the loans' size, not what SBA lost.

The largest borrowers in Faribault County · 2020–21

1 more column on a wider screen

The largest borrowers in Faribault County, 2020–21
RankNameUSD
1United Hospital District Inc, Blue Earth$2.8 million
2St. Luke's Lutheran Care Center, Blue Earth$1.1 million
3Heartland Senior Living, Winnebago$909,125
4Sahrside Dairy LLP, Bricelyn$498,469
5Winnebago Manufacturing Co Inc, Blue Earth$465,000
6Tafco Equipment Co, Blue Earth$449,100
7Ron's Plumbing Hvac & Electric Inc., Wells$345,500
8Ron's Plumbing Hvac & Electric Inc., Wells$345,472
9Herman Manufacturing Co, Wells$340,000
10Bradley T Stevermer, Easton$319,782
11Carehealth America Corporation, Blue Earth$236,600
12More's Ag Center, Inc., Blue Earth$222,146
13Oak Ridge Terminal LLC, Minnesota Lake$215,082
14Erosion Control Plus Inc, Winnebago$201,114
15Ankeny Builders Inc, Blue Earth$170,911
16Cedar Barn 101 LLC, Easton$167,535
17Frundt Lundquist & Gustafson Ltd., Blue Earth$167,333
18Minn-Iowa Crop Insurance Services Inc, Blue Earth$164,283
19Roger Grandgenett DDS Pa, Blue Earth$158,772
20Jubas Inc, Blue Earth$155,000
21United Builders Of Blue Earth Inc, Blue Earth$154,184
22Frundt, Lundquist, & Gustafson, Ltd, Blue Earth$154,100
23Electric Service Company Inc, Blue Earth$154,050
23Electric Service Company Of Blue Earth Incorporated, Blue Earth$154,050
25Adahl Trucking, LLC, Elmore$147,592
26Elmore Truck Repair, Elmore$143,002
27Schroeder Electric Of Easton LLC, Wells$142,045
28Dulas Excavating Inc, Wells$138,906
29Warmka Transport Inc, Easton$132,000
30B.E. Drug Inc, Blue Earth$124,853
31Blue Earth Valley Eye Clinic, Ltd, Blue Earth$124,770
32Wells Foods, Inc., Wells$120,000
33Schroeder Electric Of Easton LLC, Easton$117,700
34Wegner Farms General Partnership, Wells$113,803
35Warmka Transport Inc., Easton$113,500
36Swehla Trucking, Inc., Easton$112,500
37Jc Bushlack, LLP, Wells$111,805
38Covenant Life Church, Inc, Wells$110,775
39Ertman Trucking LLC, Blue Earth$109,879
40Blue Earth Hospitality LLC, Blue Earth$109,424
41Blue Valley Sod Of Winnebago, Inc., Winnebago$107,829
42Neil Grunzke Trucking LLC, Wells$106,703
42Neil Grunzke Trucking LLC, Wells$106,703
44Blue Earth Valley Eye Clinic Ltd, Blue Earth$103,937
45Double B Trucking LLC, Blue Earth$97,000
46B + D Metal Works Inc, Wells$95,838
47Brice Hanson, Frost$92,770
48Minnesota Electric Technology Inc, Winnebago$89,300
49Country Farm Supply Inc., Winnebago$88,622
50Dulas Excavating Inc., Wells$88,214
51Ehrich Plumbing & Heating Inc, Elmore$83,840
52Steamboat Pork Coop, Wells$79,544
53Dulas Diesel & Repair LLC, Wells$78,937
54Strategic Pork Solutions LLC, Wells$77,851
55The Church Of St Casimir, Wells, Wells$77,278
56Mikes Ag Co, Winnebago$75,761
56Mikes Ag Co., Winnebago$75,761
58Blue Earth Family Dental Inc., Blue Earth$75,130
59Blue Earth Family Dental, Inc., Blue Earth$75,100
60Gregor Tiling Company, Minnesota Lake$75,000
61B And D Metalworks, Inc, Wells$74,100
62Wolf Brothers Glass Inc, Winnebago$72,521
62Wolf Brothers Glass Inc., Winnebago$72,521
64Goodrich Farms LLC, Easton$72,165
65Yeager Implement, Inc., Blue Earth$68,812
66Johnson Trucking Of Wells Inc., Wells$68,088
66Johnson Trucking Of Wells, Inc, Wells$68,088
68Veteran Enterprises Ltd, Winnebago$66,470
69Crop Solution LLC, Blue Earth$65,823
70Blue Earth Flying Service LLC, Blue Earth$65,055
71Jarvis Dallman, Wells$65,000
72Strategic Pork Solutions, LLC, Wells$64,152
73Shawn Ehrich, Elmore$63,772
74Blue Earth Monument, Inc., Blue Earth$63,107
75Greg Heine, Delavan$62,499
76Shreeji Krupa LLC, Blue Earth$61,328
77Neubauer Oil Company Inc., Wells$60,433
78Hanson Auto Repair, Blue Earth$60,115
79Garlick Brothers, LLC, Blue Earth$58,200
80Snehal, Inc, Blue Earth$57,700
81Milbrandt Brothers Inc, Elmore$57,148
82Pf Transport LLC, Blue Earth$56,250
83Midwest It Systems, Inc., Blue Earth$55,800
83Richard Raimann, Wells$55,800
85Proehl Acrez, Minnesota Lake$55,743
86Terry Hanson Auto Repair, Blue Earth$55,432
87Gary Ehrich, Blue Earth$54,024
88Bob Stencel Trucking, LLC, Minnesota Lake$53,900
89Anderson Electric Of Blue Earth, Inc., Blue Earth$53,500
90Genesis Classical Academy, Winnebago$53,367
91County Line Grain Co, Minnesota Lake$52,337
92County Line Grain Co., Minnesota Lake$52,300
93Adahl Trucking LLC, Elmore$52,120
94Patten Roofing Of Iowa Inc., Huntley$51,600
95Lawrence Farm Inc, Blue Earth$51,565
96Bret Osborn, Winnebago$51,184
97Patten Roofing Of Iowa, Inc, Huntley$50,000
98Tvedten Electric Inc, Blue Earth$49,804
99Steven Schultz, Wells$49,227
100Michael Johnson, Bricelyn$49,035

How the list is drawn

  • 100 of the 1,268 borrowers ranked in Faribault 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 Faribault 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.

Related

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