PPP loans in Goodhue County, Minnesota

Name: Goodhue 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 2,450 Paycheck Protection Program loans for businesses it recorded in Goodhue County, $107.9 million in all.

Goodhue County, as of September 30, 2024

$107.9 million
Approved: $107,931,642; 0.7% of the $16.6 billion approved in Minnesota.; 2,450
Loans: 1,880 first draws and 570 second draws.; 99.1%
Forgiven: 2,427 of 2,450 loans carry a forgiveness amount, $107.8 million in all.; 0.6%
Charged off: 14 of 2,450 loans, approved for $277.5 thousand. That is the loans' size, not what SBA lost.

The largest borrowers in Goodhue County · 2020–21

1 more column on a wider screen

The largest borrowers in Goodhue County, 2020–21
Rank	Name	USD	Loans
1	Ag Partners Cooperative, Cannon Falls	$5.7 million$5,663,100	1
2	Plaas Incorporated, Red Wing	$2.2 million$2,202,800	2
3	Foldcraft Co., Kenyon	$2.2 million$2,183,500	1
4	Knobelsdorff Electric Inc, Goodhue	$2.0 million$1,987,362	1
5	Foldcraft Co., Kenyon	$1.9 million$1,869,143	1
6	Mactech Incorporated, Red Wing	$1.4 million$1,413,800	1
7	Hiawatha Medical, Inc., Red Wing	$1.3 million$1,327,353	1
8	Ryan Mechanical, Inc., Red Wing	$1.3 million$1,269,300	1
9	Automated Equipment LLC, Red Wing	$1.1 million$1,118,831	2
10	Red Wing Health Center LLC, Red Wing	$1.0 million$1,013,796	1
11	Riedell Shoes Inc, Red Wing	$1.0 million$1,004,200	1
12	Fss Inc, Red Wing	$989.5 thousand$989,500	1
13	Zumbrota Ford Sales, L.L.C., Zumbrota	$916.5 thousand$916,498	1
14	Avalon Express, Inc., Cannon Falls	$898.3 thousand$898,300	1
15	Dmc Plumbing & Heating Inc, Pine Island	$874.9 thousand$874,869	1
16	Dmc Plumbing & Heating Inc., Pine Island	$874.9 thousand$874,867	1
17	Rihm Leasing Inc, Red Wing	$873.9 thousand$873,900	1
18	Scs Elevator Products, Inc., Red Wing	$766.2 thousand$766,200	1
19	Concast, Inc, Zumbrota	$757.0 thousand$757,049	1
20	Zumbrota Health Services, Zumbrota	$715.8 thousand$715,775	1
21	Pine Haven Inc, Pine Island	$715.0 thousand$715,000	1
22	River Valley Power And Sport, Inc., Red Wing	$704.2 thousand$704,200	1
23	Cannon Falls Nursing Rehabilitation LLC, Cannon Falls	$686.4 thousand$686,363	1
24	Fitzgerald Excavating & Trucking Incorporated, Goodhue	$629.7 thousand$629,710	1
25	Red Wing Family Ymca, Red Wing	$601.1 thousand$601,088	2
26	Us Water Filters, Inc., Zumbrota	$598.9 thousand$598,900	1
27	Tim Amdahl Automotive Inc, Red Wing	$547.2 thousand$547,200	1
28	Goodhue County Cooperative Electric Association, Zumbrota	$528.6 thousand$528,625	1
29	Sylvander Heating Inc, Red Wing	$514.5 thousand$514,500	1
30	Sylvander Heating Inc., Red Wing	$509.4 thousand$509,422	1
31	Mahn Family Funeral Home Inc., Red Wing	$502.1 thousand$502,099	1
32	Neufeldt Industrial Services Inc, Red Wing	$500.0 thousand$499,967	1
32	Neufeldt Industrial Services, Lnc., Red Wing	$500.0 thousand$499,967	1
34	House Red Wing, Inc., Red Wing	$488.6 thousand$488,600	1
35	Clayview Dairy, LLP, Goodhue	$474.8 thousand$474,832	2
36	Mahn Family Funeral Home Inc, Red Wing	$438.7 thousand$438,671	1
37	River Valley Power And Sport Of Rochester, Inc, Red Wing	$406.1 thousand$406,100	1
38	Fairview Woods LLC, Red Wing	$399.5 thousand$399,490	1
39	Progressive Tool & Mfg Co, Pine Island	$395.0 thousand$395,040	1
40	Kenyon Sunset Home, Kenyon	$384.8 thousand$384,780	1
41	Kohlnhofer Farms Inc, Lake City	$376.8 thousand$376,800	1
42	Kohlnhofer Farms, Lake City	$375.0 thousand$374,997	1
43	Schumacher Excavating Inc, Zumbrota	$361.9 thousand$361,871	1
44	Sustane Natural Fertilizer, Inc, Cannon Falls	$360.2 thousand$360,179	1
45	Anderson House Tours, Inc., Lake City	$347.4 thousand$347,400	2
46	Elysian Senior Homes, LLC, Red Wing	$340.3 thousand$340,347	1
47	Kelly's Tap House Inc., Red Wing	$329.4 thousand$329,427	1
48	Grover Auto Company Inc., Zumbrota	$312.0 thousand$312,000	1
49	Fabtech Inc., Goodhue	$297.4 thousand$297,420	1
49	Fabtech, Inc, Goodhue	$297.4 thousand$297,420	1
51	Midwest Rockies Telecom LLC, Nerstrand	$297.3 thousand$297,306	2
52	Keith Carlson Trucking, Inc., Goodhue	$293.3 thousand$293,269	1
53	Riverview Services, Inc., Wanamingo	$277.0 thousand$276,970	1
54	Libertys Restaurant & Lounge, Red Wing	$269.8 thousand$269,766	1
55	Red Wing Construction Co, Red Wing	$253.4 thousand$253,447	1
56	Express Services Red Wing Inc, Red Wing	$246.8 thousand$246,752	1
56	Express Services Red Wing, Inc, Red Wing	$246.8 thousand$246,752	1
58	Wylie Wilson Trucking Inc, Red Wing	$241.0 thousand$241,037	1
58	Wylie Wilson Trucking Inc., Red Wing	$241.0 thousand$241,037	1
60	Riester Refrigeration, Inc., Red Wing	$226.5 thousand$226,484	1
61	Custom Iron Inc., Zumbrota	$219.2 thousand$219,163	1
62	Sargents Nursery Inc, Red Wing	$218.3 thousand$218,300	1
63	Libertys Restaurant And Lounge Inc, Red Wing	$213.0 thousand$213,015	1
64	Custom Iron, Inc., Zumbrota	$212.9 thousand$212,903	1
65	Tacoma Creek Hospitality LLC, Red Wing	$212.6 thousand$212,600	1
66	Anderson Rock & Lime Inc., Cannon Falls	$210.8 thousand$210,835	1
67	Discovery Financial Center, Inc., Red Wing	$203.7 thousand$203,700	1
68	Interstate Building Supply Of Cannon Falls, Inc., Cannon Falls	$200.8 thousand$200,759	1
69	Anderson Veterinary Service, Pa, Zumbrota	$200.0 thousand$200,000	1
69	Johnson & Scofield, Inc., Red Wing	$200.0 thousand$200,000	1
71	Cannon Tackle Supply, Inc., Dennison	$199.7 thousand$199,700	1
72	Ez-Pour Inc., Goodhue	$198.9 thousand$198,905	1
73	Northstar Genetics, Ltd., Wanamingo	$195.6 thousand$195,600	1
74	Paul And Lisa Enterprises Inc, Kenyon	$192.5 thousand$192,500	1
75	Artisan Plaza, Cannon Falls	$191.2 thousand$191,200	1
76	Paul And Lisa Enterprises Inc., Kenyon	$191.1 thousand$191,057	1
77	Peterson Turkey Hatchery, Inc., Cannon Falls	$189.0 thousand$189,000	1
77	Welch Village Ski Area, Inc., Welch	$189.0 thousand$189,000	1
79	Island Tool & Die Inc, Pine Island	$186.0 thousand$186,047	1
80	The Smokin' Oak Rotisserie & Grill, Red Wing	$184.7 thousand$184,650	1
81	Hanisch Bakeries LLC, Red Wing	$182.5 thousand$182,500	1
82	Wobig Construction LLC, Zumbrota	$182.3 thousand$182,328	2
83	Hader Farms Partnership, Zumbrota	$180.7 thousand$180,700	1
84	Midwest Transmission Center Inc, Zumbrota	$179.4 thousand$179,417	1
85	Jeff's Welding Inc, Wanamingo	$179.3 thousand$179,322	1
86	Hanisch Bakeries LLC, Red Wing	$177.6 thousand$177,582	1
87	Schafer Farms Of Goodhue Inc, Goodhue	$176.7 thousand$176,685	1
88	Xena Ventures LLC, Red Wing	$174.6 thousand$174,600	1
89	Bobs Business Inc, Red Wing	$172.0 thousand$172,000	1
90	Kelly's Tap House, Inc, Red Wing	$171.6 thousand$171,575	1
91	Under The Rainbow Early Education Center, Red Wing	$170.5 thousand$170,476	1
92	Schafer Farms Of Goodhue Inc., Goodhue	$170.1 thousand$170,121	1
93	C&S Systems Inc, Red Wing	$165.6 thousand$165,600	1
94	Western Wisconsin Nutrition LLC, Goodhue	$165.3 thousand$165,315	1
95	Armory Dental, LLC, Red Wing	$163.8 thousand$163,800	1
96	Red Wing Plumbing And Heating, Red Wing	$160.9 thousand$160,900	1
97	Luhman's Construction Co. Of Red Wing, Welch	$158.1 thousand$158,075	1
98	Hemann, Grover & Co, Ltd, Zumbrota	$154.9 thousand$154,918	1
99	Luhman's Construction Co Of Red Wing, Welch	$154.4 thousand$154,425	1
100	Siewert's Garage Inc., Red Wing	$151.6 thousand$151,600	1

How the list is drawn

100 of the 2,203 borrowers ranked in Goodhue 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 Goodhue 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

Goodhue County, as of September 30, 2024

The largest borrowers in Goodhue County · 2020–21

How the list is drawn

Related

Sources