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PPP loans in Grand Forks County, North Dakota

Each amount is what the Small Business Administration approved, as SBA published it, and says nothing more about the borrower. SBA guaranteed 2,661 Paycheck Protection Program loans for businesses it recorded in Grand Forks County, $250.9 million in all.

Grand Forks County, as of September 30, 2024

$250.9 million
Approved
$250,913,328
8.7% of the $2.9 billion approved in North Dakota.
2,661
Loans
2,005 first draws and 656 second draws.
98.3%
Forgiven
2,616 of 2,661 loans carry a forgiveness amount, $235.2 million in all.
1.0%
Charged off
26 of 2,661 loans, approved for $1.1 million. That is the loans' size, not what SBA lost.

The largest borrowers in Grand Forks County · 2020–21

1 more column on a wider screen

The largest borrowers in Grand Forks County, 2020–21
RankNameUSD
1Edgewood Opco LLC, Grand Forks$10.0 million
2Strata Corporation, Grand Forks$9.9 million
3Valley Senior Living, Grand Forks$5.6 million
4Acme Electric Motor, Inc., Grand Forks$5.5 million
5Advanced Engineering And Environmental Services, Inc., Grand Forks$5.4 million
6Brady, Martz & Associates P.C., Grand Forks$4.5 million
7Rydell Auto Center, Inc., Grand Forks$3.4 million
8Black Gold Farms,Inc, Grand Forks$3.4 million
9Development Homes Inc, Grand Forks$2.7 million
10Bemobile, Inc., Grand Forks$2.5 million
11True North Equipment Co., Grand Forks$2.3 million
12Johnson & Laffen, Grand Forks$2.1 million
13Jlg Esop Trust, Grand Forks$2.0 million
14S&S Transport, Inc., Grand Forks$2.0 million
15Engineers Architects Pc, Grand Forks$1.9 million
16Engineers-Architects Pc, Grand Forks$1.9 million
17Lunseth Plumbing And Heating Company, Grand Forks$1.9 million
18Bergstrom Electric Inc, Grand Forks$1.9 million
19Opp Construction LLC, Grand Forks$1.8 million
20Sbg Energy Services, LLC, Grand Forks$1.8 million
21Sbg Energy Services LLC, Grand Forks$1.8 million
22Vigen Construction, Inc., Grand Forks$1.8 million
23Bergstrom Electric Inc., Grand Forks$1.7 million
24Canad Inns Destination Center - Grand Forks L.P., Grand Forks$1.6 million
25Northwood Deaconess Health Center, Northwood$1.6 million
26Nodak Electric Cooperative, Inc., Grand Forks$1.5 million
27Home Of Economy, Inc., Grand Forks$1.3 million
28The Und Aerospace Foundation, Grand Forks$1.3 million
29Ps Industries Incorporated, Grand Forks$1.3 million
30Northern Valley Electrical Inc., Grand Forks$1.3 million
30Northern Valley Electrical Service Inc., Grand Forks$1.3 million
32Vaaler Insurance, Inc., Grand Forks$1.3 million
33The Und Aerospace Foundation, Grand Forks$1.3 million
34Construction Engineers, Inc, Grand Forks$1.2 million
35Ideal Aerosmith, Inc., Grand Forks$1.2 million
36Hoverson Farms, Larimore$1.1 million
37Valley United Coop, Reynolds$1.1 million
38Simonson Station Stores, Inc., Grand Forks$1.1 million
39Valley United Coop, Reynolds$1.1 million
40Hausmann Motorsports, L.L.C., Grand Forks$969.2 thousand
41Rieger Borgen Benson Electric, Inc., Grand Forks$942.5 thousand
42Ygomi LLC, Grand Forks$939.7 thousand
43Ygomi LLC, Grand Forks$885.1 thousand
44Agvise Laboratories, Inc, Northwood$880.3 thousand
45Ironhide Equipment Inc., Grand Forks$864.3 thousand
46Swingen Construction Company, Grand Forks$858.0 thousand
46Swingen Construction Company, Grand Forks$858.0 thousand
48Wood Products Inc, Grand Forks$855.5 thousand
49Wood Products, Inc., Grand Forks$855.4 thousand
50Aatrix Software Inc., Grand Forks$843.9 thousand
51North Dakota Association For The Disabled, Inc, Grand Forks$815.7 thousand
52413 Mechanical LLC, Grand Forks$789.4 thousand
53Und Alumni Association And Foundation, Grand Forks$789.0 thousand
54Re Arena Inc., Grand Forks$783.8 thousand
55Re Arena, Inc., Grand Forks$783.8 thousand
56Spectra Health, Grand Forks$780.1 thousand
57C L Linfoot Co, Grand Forks$757.6 thousand
58Valley Bone & Joint Clinic, Grand Forks$754.1 thousand
59Hausmann Motorsports, L.L.C., Grand Forks$718.2 thousand
60Icon Architectural Group LLC, Grand Forks$713.7 thousand
61Spectra Health, Grand Forks$701.0 thousand
62Rhombus Guys Holdings Incorporated, Grand Forks$688.0 thousand
63Psjm. Inc., Grand Forks$665.7 thousand
64Riverside Welding, Inc., Grand Forks$665.5 thousand
65Icon Architectural Group, LLC, Grand Forks$664.4 thousand
66Custom Aire Inc., Grand Forks$662.6 thousand
67Custom Aire, Inc., Grand Forks$662.6 thousand
68Community Violence Intervention Center, Inc., Grand Forks$660.0 thousand
69Dakota Dry Bean Inc, Grand Forks$658.9 thousand
70Community Violence Intervention Center Inc., Grand Forks$657.2 thousand
71Valley Oral & Facial Surgery Pc, Grand Forks$607.1 thousand
72Community Contractors Inc, Grand Forks$606.0 thousand
73Vilandre Fuel & Heating, Inc., Grand Forks$590.0 thousand
74Tristeel Manufacturing Company, Grand Forks$589.4 thousand
75Northern Plumbing Supply Inc., Grand Forks$579.2 thousand
76Innes Construction Co. Inc., Grand Forks$558.6 thousand
77Hgf, Inc., Grand Forks$554.5 thousand
78The McKinnon Company, Inc., Grand Forks$552.6 thousand
79Sharper Shape Inc, Grand Forks$541.2 thousand
80Associated Potato Growers Inc, Grand Forks$539.3 thousand
81Wrt Inc., Grand Forks$526.2 thousand
82Innes Construction Co., Inc., Grand Forks$521.3 thousand
83Peterson Medical Clinics, LLC, Grand Forks$509.2 thousand
84Residual Materials, Inc, Grand Forks$509.0 thousand
85Northern Plains Grain Inspection Service Inc, Grand Forks$498.1 thousand
86Custom Hvac Inc, Grand Forks$495.2 thousand
87Rhombus Guys Holdings, Incorporated, Grand Forks$491.4 thousand
88Pro Transport & Leasing Inc, Grand Forks$475.7 thousand
89Anderson Steel Erection & Crane Service Inc., Grand Forks$471.6 thousand
89Anderson Steel Erection And Crane Service, Inc., Grand Forks$471.6 thousand
91Love Is Sharing The Exceptional Needs, Inc., Grand Forks$466.9 thousand
92Global Safety Network Inc., Grand Forks$464.0 thousand
92Global Safety Network, Inc., Grand Forks$464.0 thousand
92Northern States Indoor Tan LLC, Grand Forks$464.0 thousand
95Northern States Indoor Tan LLC, Grand Forks$464.0 thousand
96Sai Ram, Inc., Grand Forks$458.7 thousand
97Young Mfg., Inc., Grand Forks$458.2 thousand
98Bbi International Inc, Grand Forks$455.4 thousand
98Bbi International Inc, Grand Forks$455.4 thousand
100Hendegaard Transport Inc, Grand Forks$451.0 thousand

How the list is drawn

  • 100 of the 2,504 borrowers ranked in Grand Forks 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 Grand Forks 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