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PPP loans in Kingsbury County, South Dakota

Each amount is what the Small Business Administration approved, as SBA published it, and says nothing more about the borrower. SBA guaranteed 865 Paycheck Protection Program loans for businesses it recorded in Kingsbury County, $28.4 million in all.

Kingsbury County, as of September 30, 2024

$28.4 million
Approved
$28,432,354
1.0% of the $2.7 billion approved in South Dakota.
865
Loans
607 first draws and 258 second draws.
98.7%
Forgiven
854 of 865 loans carry a forgiveness amount, $25.1 million in all.
0.6%
Charged off
5 of 865 loans, approved for $106.5 thousand. That is the loans' size, not what SBA lost.

The largest borrowers in Kingsbury County · 2020–21

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The largest borrowers in Kingsbury County, 2020–21
RankNameUSD
1Legend Seeds, Inc., De Smet$1.8 million
2Legend Seeds Inc., De Smet$1.7 million
3Tri State Ag Services LLC, Arlington$1.4 million
4Tri State Ag Services, LLC, Arlington$1.2 million
5Prairie Ag Parnters, Inc., Lake Preston$1.1 million
6Prairie Ag Partners Inc., Lake Preston$1.1 million
7Genuine Builders Inc, Arlington$1.1 million
8Falls Framing LLC, Arlington$822.8 thousand
9Falls Framing LLC, Arlington$669.5 thousand
10Cmi Architectural Products Inc., De Smet$479.1 thousand
11Cmi Architectural Products, In, De Smet$424.6 thousand
12Arlington Sd Skilled Nursing Facility LLC, Arlington$295.5 thousand
13Desco Architectural, Inc., De Smet$259.8 thousand
14Midstate Agronomy LLC, Iroquois$235.7 thousand
15Tri-State Battery Company, Arlington$218.1 thousand
16Kingsbury Electric Cooperative, Inc, De Smet$185.1 thousand
17O'Keefe Implement Inc., De Smet$170.8 thousand
18J N J Construction Inc, Lake Norden$165.2 thousand
19W. Brown Farm Ltd, Arlington$164.7 thousand
20H & I Trucking LLC, Hetland$163.2 thousand
21John Albrecht, De Smet$152.0 thousand
22E Weerts Inc, Bancroft$142.7 thousand
23Frank Virchow, Lake Preston$139.4 thousand
24Castlerock Contruction And Concrete, Inc., De Smet$129.3 thousand
25A&L Mechanical, Arlington$123.0 thousand
26At Strong Commodities LLC, Oldham$109.0 thousand
27Ingalls Homestead Inc., De Smet$106.0 thousand
28Critereon Company LLC, Iroquois$104.2 thousand
29Virchow Insurance & Seed, LLC, Lake Preston$94,800
30Tolzin Organic LLC, De Smet$83,330
31Wilkinson & Schumacher Law Prof LLC, De Smet$76,000
32Sjolie Construction LLC, Lake Preston$73,247
33Dutch Dakota Dairy, LLC, Lake Preston$72,600
34Seedpoint Solutions L.L.C., Iroquois$71,741
35Odegaaard Family Farms Inc, Lake Preston$69,700
36Darrel Muser, Erwin$68,540
37Cadence Construction LLC, Erwin$65,482
38Iroquois Ironworker Inc., Iroquois$65,284
39Hi-Spirit Ranch Inc., De Smet$62,500
40Wesley Toews, De Smet$60,524
41Rustin Albrecht, De Smet$60,432
42Sjolie Construction LLC, Lake Preston$59,500
43Hoff Investments Inc, Arlington$58,330
44Iroquois Ironworker, Inc, Iroquois$56,945
45Coughlin Seeds, Iroquois$56,400
46Dakota Ram Inc., Arlington$55,000
47Jason Tolzin, Lake Preston$54,479
48Seedpoint Solutions LLC, Iroquois$53,781
49Doug Tonsager, Oldham$52,668
50Badger Oil Inc, Badger$51,800
51Badger Oil Inc., Badger$51,700
52Weber Ag LLC, Arlington$51,400
53Lake Region Golf Club, Arlington$50,970
54Bryan R. Sneesby, Lake Preston$50,170
55Redstone Feeders LLC, De Smet$47,501
56Pro Polish LLC, Arlington$47,469
57Rj Partnership, De Smet$46,925
58Wilkinson Ranch Inc, Lake Preston$46,791
59Holland Construction LLC, De Smet$45,900
60Steve & Jessica M Wienk, De Smet$45,710
60Steve Wienk, De Smet$45,710
62Vip Protection LLC, De Smet$45,562
63Main Stop LLC, De Smet$45,400
64James Coughlin, Iroquois$44,675
65David Carlson, Lake Preston$44,164
66Eastline Supply LLC, De Smet$43,190
67Neil Rommereim, De Smet$41,874
68Dale Edman, Arlington$41,670
68Gary Edman, Arlington$41,670
68James Kretchmer, Bancroft$41,670
68Jeremy Forbes, De Smet$41,670
68Jerod Olson, Lake Preston$41,670
68Loren Haufschild, Oldham$41,670
68Marty Haufschild, Arlington$41,670
68Mike Kretchmer, Bancroft$41,670
68Roger Haufschild, Lake Norden$41,670
68Ryan Olson, Erwin$41,670
68Shane Larsen, Arlington$41,670
68Travis Steffensen, Arlington$41,670
68Troy Forbes, De Smet$41,670
81Brian Carlson, Hetland$41,667
81John Kleinjan, Lake Norden$41,667
81Mikinley Albrecht, De Smet$41,667
84Jon Petersen, De Smet$41,666
84Paul Johnson, Oldham$41,666
86Brady Larsen, Lake Preston$41,666
86Bryan Carstensen, Bryant$41,666
86Jeff Madison, Iroquois$41,666
86Kevin Toews, De Smet$41,666
86Raymond Johnson, De Smet$41,666
86Tom Miller, Iroquois$41,666
92Mark Jacobsen, Lake Preston$41,666
92Tim Stewart, Arlington$41,666
94Bickett Trucking LLC, Oldham$41,665
94Matthew Palmlund, Bancroft$41,665
96Arlo Carlson, Lake Norden$41,664
96Rhonda Thull, Oldham$41,664
96Robert Nesseim, Lake Preston$41,664
99Ronald Kaufman, Oldham$41,663
99Wade Geyer, Iroquois$41,663

How the list is drawn

  • 100 of the 719 borrowers ranked in Kingsbury 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 2 borrowers.
  • A borrower is ranked here when SBA recorded its first loan in Kingsbury 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