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PPP loans in Iron County, Michigan

Each amount is what the Small Business Administration approved, as SBA published it, and says nothing more about the borrower. SBA guaranteed 279 Paycheck Protection Program loans for businesses it recorded in Iron County, $19.2 million in all.

Iron County, as of September 30, 2024

$19.2 million
Approved
$19,224,734
0.1% of the $24.1 billion approved in Michigan.
279
Loans
212 first draws and 67 second draws.
98.6%
Forgiven
275 of 279 loans carry a forgiveness amount, $19.2 million in all.
0.0%
Charged off
0 of 279 loans, approved for $0. That is the loans' size, not what SBA lost.

The largest borrowers in Iron County · 2020–21

1 more column on a wider screen

The largest borrowers in Iron County, 2020–21
RankNameUSD
1Iron County Medical Care Facility, Crystal Falls$2.9 million
2Krist Oil Co., Iron River$1.7 million
3Hebert Construction Co., Iron River$549.3 thousand
3Hebert Construction Co., Iron River$549.3 thousand
5Angeli Foods Company, Iron River$525.8 thousand
6F A Industrial Services Inc, Iron River$523.4 thousand
6F A Industrial Services Inc, Iron River$523.4 thousand
8Ski Brule Inc, Iron River$425.2 thousand
9Iron River Care Services, Inc, Iron River$425.0 thousand
10George Young Recreational Complex, Iron River$284.9 thousand
11Kca3 Inc, Iron River$261.8 thousand
12Kaa Service, Inc, Iron River$261.1 thousand
13Ksk C-Stores, Inc., Iron River$255.2 thousand
14Low Impact Logging Inc, Iron River$234.8 thousand
15Ksk Inc, Iron River$227.2 thousand
16Kcka Inc, Iron River$208.9 thousand
17Stateline Chevrolet, Inc, Crystal Falls$207.2 thousand
18Kckj Inc, Iron River$203.1 thousand
19Kja, Inc, Iron River$198.9 thousand
20Kjka Inc, Iron River$195.5 thousand
21Ski Brule Inc., Iron River$192.4 thousand
22Lester Detterbeck Enterprises Ltd, Iron River$191.3 thousand
23Woodland Equipment, Inc, Iron River$185.5 thousand
24Woodland Equipment Inc, Iron River$173.8 thousand
25This Is It, Inc., Crystal Falls$158.8 thousand
26Bigari Hardware, Inc, Iron River$152.3 thousand
27Petrucelli & Petrucelli A Professional Corporation, Iron River$150.6 thousand
27Petrucelli & Petrucelli, P.C., Iron River$150.6 thousand
29George Young Recreational Complex, Iron River$147.0 thousand
30Shamco Inc, Iron River$140.4 thousand
31Shamco, Inc, Iron River$140.4 thousand
32White Water Associates, Inc, Amasa$129.0 thousand
33Lud Stoor Agency, Inc., Crystal Falls$123.1 thousand
34White Water Associates Inc., Amasa$123.0 thousand
35Shamion Timber Management Group, Inc., Iron River$121.5 thousand
36Westphal's Inc, Iron River$119.6 thousand
37Crystal Falls Springs Inc., Crystal Falls$118.7 thousand
38Westphal's Inc., Iron River$108.9 thousand
39Superior Oil Wi Inc., Caspian$106.9 thousand
40Superior Oil Wi, Inc., Iron River$105.8 thousand
41Shamion Timber Management Group Inc, Iron River$103.2 thousand
42New Grounds Trade Company LLC, Iron River$101.2 thousand
42New Grounds Trade Company LLC, Iron River$101.2 thousand
44Crystal Falls Springs Inc, Crystal Falls$99,855
45Mkl Trucking Inc, Crystal Falls$98,400
46Aa Family Foods, Iron River$97,472
47Mr T's Family Restaurant, Iron River$95,700
48R & G Enterprises Inc, Iron River$87,480
49Riverside Developers LLC, Iron River$82,751
50Covenant Point Bible Camp, Iron River$76,422
51Covenant Point Bible Camp, Iron River$76,421
52Lato Pole Buildings, Inc, Crystal Falls$74,727
53Lake Ellen Bible Camp, Crystal Falls$70,776
54Shamco Lumber Inc., Iron River$68,766
55Advanced Smile Design, Iron River$68,100
55Advanced Smile Design, Iron River$68,100
57Northwoods Animal Shelter Inc., Iron River$62,060
58Law Office Of Steven J Tinti, Crystal Falls$58,387
59Shamco Lumber, Inc., Iron River$57,689
60Mr. T's Family Restaurant, Inc, Iron River$57,600
61Fortune Lake Lutheran Camp, Crystal Falls$57,074
62Iron County Internal Medicine Associates, Iron River$55,900
62Iron County Internal Medicine Associates, Pc, Iron River$55,900
64Crystal Lumber & Hardware LLC, Crystal Falls$55,812
65Cini's Market, Inc, Amasa$55,000
66Crystal Lumber & Hardware, LLC, Crystal Falls$54,382
67Ponchaud Contracting & Excavating Inc., Crystal Falls$54,174
68Williams Reddi Mix, Inc, Crystal Falls$52,315
69Roy Polich & Associates P.C., Iron River$51,540
70Riverside Developers I.R. LLC, Iron River$50,900
71Polich Tousignant Law Offices, P.C., Iron River$49,100
72Fobs Crystal Falls, LLC, Crystal Falls$48,500
73R&R Or Iron River, Inc, Iron River$47,000
74Shamco Trucking Inc, Iron River$45,418
75Peninsula Title Agency Inc., Crystal Falls$45,050
76Tosu Inc, Iron River$44,500
77Fast-Air Internet, Inc., Iron River$44,000
78General Concrete Inc, Iron River$43,910
79Piwarski Brothers Logging, Inc., Iron River$43,794
80Vanoss Forestry Services LLC, Crystal Falls$43,555
81Glacierland Resource Conservation And Development Council In, Crystal Falls$43,300
81Wyatts Automotive LLC, Iron River$43,300
83Lake Ellen Bible Camp And Retreat Center, Crystal Falls$42,770
84Crystal Steel House, Inc, Crystal Falls$42,400
85Fortune Lake Lutheran Camp Association, Crystal Falls$41,255
86Industrial Remanufacturing Service, Inc., Crystal Falls$40,770
87John L Harrison Atl, Crystal Falls$39,820
88Northwoods Family Chiropractic, Iron River$39,680
89Shamco Trucking, Inc., Iron River$37,374
90Paint River Landing Company, Crystal Falls$36,620
91Alices Inc., Iron River$36,400
92Logans Place LLC, Crystal Falls$35,098
93Northern Concrete Inc, Crystal Falls$34,500
94Kermit's Inc, Iron River$34,100
95T.H. Nickel Inc, Iron River$33,460
96Iron River Community Broadcasting Corp, Iron River$32,800
97Sierra Seamless Inc., Iron River$32,599
98North Country Iron County, LLC, Crystal Falls$32,250
99Marlowe Gas Co. Inc, Iron River$32,090
100Cottages To Castles, Ironriver$31,562

How the list is drawn

  • 100 of the 271 borrowers ranked in Iron 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 Iron 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