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PPP loans in Franklin County, Iowa

Each amount is what the Small Business Administration approved, as SBA published it, and says nothing more about the borrower. SBA guaranteed 1,051 Paycheck Protection Program loans for businesses it recorded in Franklin County, $29.2 million in all.

Franklin County, as of September 30, 2024

$29.2 million
Approved
$29,237,407
0.4% of the $8.1 billion approved in Iowa.
1,051
Loans
762 first draws and 289 second draws.
99.7%
Forgiven
1,048 of 1,051 loans carry a forgiveness amount, $29.4 million in all.
0.2%
Charged off
2 of 1,051 loans, approved for $37.2 thousand. That is the loans' size, not what SBA lost.

The largest borrowers in Franklin County · 2020–21

1 more column on a wider screen

The largest borrowers in Franklin County, 2020–21
RankNameUSD
1Sukup Manufacturing Company, Sheffield$6.1 million
2Global Fabrication Inc, Hampton$675.9 thousand
3Global Fabrication Inc., Hampton$607.7 thousand
4Mid America Publishing Corpora, Hampton$569.4 thousand
5Buresh Building Systems, Inc., Hampton$553.1 thousand
6Access, Incorporated, Hampton$428.5 thousand
7Access Incorporated, Hampton$419.9 thousand
8Midwest Meter, Inc., Hampton$325.9 thousand
9Sheffield Care Center, Sheffield$310.0 thousand
10Koerner Whipple Pharmacies, Inc, Hampton$269.5 thousand
11Principal Builders Inc, Coulter$255.0 thousand
12Mort's Water Company, Latimer$242.0 thousand
13Franklin Rural Electric Cooperative, Hampton$220.0 thousand
14Global Ag Inc., Hampton$204.6 thousand
15Iowa Drainage, Inc., Sheffield$193.1 thousand
16Principal Builders, Inc., Coulter$162.5 thousand
17Iowa Steel Masters LLC, Ackley$161.2 thousand
18Iowa Steel Masters LLC, Ackley$161.0 thousand
19Dows Property Group Inc., Dows$139.3 thousand
20Dows Property Group, Inc., Dows$134.2 thousand
21Tri-Co Fabrication, LLC, Hampton$116.8 thousand
22Trademasters Inc, Sheffield$114.5 thousand
23C.D. Broadcasting, Inc., Hampton$111.7 thousand
24Tj & Tj LLC, Ackley$106.1 thousand
25Hampton Dental Plc, Hampton$106.0 thousand
25Hampton Dental Plc, Hampton$106.0 thousand
27Ram Nutrient Applications, LLC, Iowa Falls$103.8 thousand
28Pro Custom Ag LLC, Latimer$87,451
29Murphy's Heating & Plumbing Inc., Hampton$84,581
30J - T Machine & Tool Co., Hampton$80,317
31Dudley's Corner, Inc., Latimer$74,000
31Dudleys Corner Inc., Latimer$74,000
33Hampton Community Christian Daycare, Hampton$72,933
34Rbks' Inc., Sheffield$70,000
35North Central Building Supply Inc., Hampton$68,760
36Roy Plagge, Latimer$64,540
37Ashtish Inc., Hampton$64,409
38Trinity Lutheran Church, Hampton$64,214
39D & L Sanitation, Inc., Sheffield$62,530
40Butch Gruelke Auto Body, Inc., Hampton$61,413
41Jon Baltes, Hampton$60,192
42Justin Jordahl, Alden$57,900
43Tigo Trading LLC, Hampton$56,938
44Lambertsen Excavating Inc., Hampton$55,723
45Krukow Custom Manure Hauling Inc., Iowa Falls$55,399
46Rex Borcherding, Latimer$52,289
47Restaurant La Amiguita LLC, Hampton$51,782
48Schrock Concrete Inc., Dumont$50,965
49B&R Quality Meats, Inc., Ackley$48,109
50Global Hydraulics & Supply Inc., Hampton$46,900
51Mulford Brothers Corporation, Bradford$46,000
52St. Paul's Lutheran Church, Latimer$45,200
53Cady And Rosenberg Law Firm Plc, Hampton$44,389
54Creative Cabinets, Inc., Sheffield$44,050
55Butson Enterprises LLC, Hampton$44,020
56Meyer Truck & Alignment, Iowa Falls$43,572
57Cady & Rosenberg Law Firm, Plc, Hampton$43,245
58Mulford Brothers Corporation, Bradford$42,400
59Ashtish Inc., Hampton$42,142
60Charles Thielen, Hampton$41,667
60Jeremy Foell, Sheffield$41,667
60Matthew Abbas, Alexander$41,667
63Gary Rooney, Sheffield$41,667
64John Simons, Hampton$41,667
65Jacki Nachazel, Alden$41,666
65Matthew Abbas, Latimer$41,666
67Barkema Family Farms LLC, Alexander$41,666
67Brent Keninger, Ackley$41,666
67Brian Lupkes, Latimer$41,666
67Chris Vanness, Latimer$41,666
67Christopher Chambers, Dows$41,666
67David Burmester, Hampton$41,666
67Dennis Vanness, Alexander$41,666
67Donald Pralle, Latimer$41,666
67Donald Scallon, Ackley$41,666
67Edward Etnier, Sheffield$41,666
67Gary Schaefer, Sheffield$41,666
67Gregory Worden, Hampton$41,666
67Herbert Terrill, Hampton$41,666
67Isaac Noelck, Hampton$41,666
67James Dannen, Hampton$41,666
67Jason Vanwert, Hampton$41,666
67Jeremy Arends, Geneva$41,666
67John A Wibholm, Alden$41,666
67Joseph Devries, Sheffield$41,666
67Kenneth Mutschler, Ackley$41,666
67Kenny Enslin, Ackley$41,666
67Kevin Abbas, Geneva$41,666
67Kevin Gast, Sheffield$41,666
67Landen Johansen, Hampton$41,666
67Mark Devries, Sheffield$41,666
67Matthew Schaefer, Sheffield$41,666
67Michael Nolte, Hampton$41,666
67Mike Buchanan, Hampton$41,666
67Mike Rankin, Iowa Falls$41,666
67Mitchell Meyer, Iowa Falls$41,666
67Nathan Dohlman, Hampton$41,666
67Paul Benning, Hampton$41,666
67Randy Johansen, Sheffield$41,666
67Renee Schaefer, Sheffield$41,666
67Rodney Pratt, Sheffield$41,666
67Roger Dawson, Dows$41,666
67Ryan Burmester, Hampton$41,666
67Ryan Koenen, Hampton$41,666
67Scott Abbas, Geneva$41,666
67Scott Neely, Iowa Falls$41,666
67Sheldon Renaud, Iowa Falls$41,666
67Steve Diemer, Geneva$41,666
67Steven Abbas, Hampton$41,666
67Thomas Abbas, Geneva$41,666
67Todd Hall, Sheffield$41,666
67Tyler Toomsen, Ackley$41,666
67Vernon Meinberg, Hampton$41,666

How the list is drawn

  • 113 of the 899 borrowers ranked in Franklin 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. The last rank here is shared by 47 borrowers.
  • A borrower is ranked here when SBA recorded its first loan in Franklin 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

Data retrieved