PPP loans in Koochiching County, Minnesota

Name: Koochiching 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 405 Paycheck Protection Program loans for businesses it recorded in Koochiching County, $24.1 million in all.

Koochiching County, as of September 30, 2024

$24.1 million
Approved: $24,147,462; 0.1% of the $16.6 billion approved in Minnesota.; 405
Loans: 316 first draws and 89 second draws.; 98.5%
Forgiven: 399 of 405 loans carry a forgiveness amount, $24.2 million in all.; 0.5%
Charged off: 2 of 405 loans, approved for $29.6 thousand. That is the loans' size, not what SBA lost.

The largest borrowers in Koochiching County · 2020–21

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The largest borrowers in Koochiching County, 2020–21
Rank	Name	USD	Loans
1	Shannon's Inc, International Falls	$2.6 million$2,635,985	2
2	International Falls Memorial Hospital Association, International Falls	$2.3 million$2,337,500	1
3	Wagner Construction Inc., International Falls	$1.6 million$1,634,507	1
4	Wagner Construction, Inc., International Falls	$1.6 million$1,634,500	1
5	D & S Pizza, Inc., International Falls	$639.1 thousand$639,100	1
6	Koochiching Health Services, Littlefork	$559.8 thousand$559,810	1
7	Rieger Logging Inc, Northome	$357.7 thousand$357,691	1
8	Rieger Trucking Inc, Northome	$332.1 thousand$332,102	1
9	Rainy Lake Oil Inc, International Falls	$253.1 thousand$253,060	1
10	Rainy Lake Oil Inc, International Falls	$253.0 thousand$253,000	1
11	James Kennedy Trucking, Inc., Littlefork	$238.0 thousand$238,022	1
12	Nagurski Transportation, Inc., Intl Falls	$237.6 thousand$237,620	1
13	Opp Hagemeister Mgmt Inc, International Falls	$234.2 thousand$234,212	1
14	Greentech Manufacturing Inc., International Falls	$233.9 thousand$233,863	1
15	Mannco Trucking Inc, International Falls	$228.8 thousand$228,782	1
16	Oveson Kab-Con Inc, Kabetogama	$217.0 thousand$217,033	1
17	Saki Swaroop LLC, International Falls	$216.7 thousand$216,699	1
18	Coca-Cola Bottling Company Of International Falls, Intl Falls	$206.4 thousand$206,395	1
19	Sha Sha LLC, International Falls	$202.8 thousand$202,788	1
20	Thunderbird Lodge LLC, International Falls	$199.9 thousand$199,895	1
21	Thunderbird Lodge, LLC, International Falls	$180.1 thousand$180,065	1
22	Delack Logging Inc, Littlefork	$178.7 thousand$178,692	1
23	Delack Logging, Inc., Littlefork	$175.3 thousand$175,262	1
24	E.L. Anderson City Drug Store Inc, International Falls	$164.7 thousand$164,700	1
25	Waschke Family Gm Center, Inc., International Falls	$163.0 thousand$162,965	1
26	Wenberg Transfer Inc, International Falls	$157.9 thousand$157,855	1
27	Cantilever Bridge Distillery LLC, International Falls	$150.0 thousand$149,999	1
28	Rainy River Veterinary Hospital, Inc., International Falls	$147.3 thousand$147,265	1
29	Kantor Electric, Inc., Intl Falls	$143.8 thousand$143,822	1
30	Decker's Family Care Inc., Ranier	$141.7 thousand$141,711	1
31	Ronnings, Inc, International Falls	$141.5 thousand$141,480	1
32	Sha Sha, LLC, International Falls	$138.4 thousand$138,364	1
33	Kenneth J. Little, Littlefork	$136.8 thousand$136,805	1
34	Bowman Construction Company Inc., Intl Falls	$134.2 thousand$134,189	1
35	Saki Swaroop LLC, International Falls	$133.6 thousand$133,600	1
36	R.C. Shefland Anesthesia Ltd., International Falls	$133.0 thousand$132,963	1
37	Northern Lumber Yard Inc., International Falls	$132.9 thousand$132,870	1
37	Northern Lumber Yard, Inc., Intl Falls	$132.9 thousand$132,870	1
39	Rainy Lake Houseboats Inc., International Falls	$130.1 thousand$130,100	1
40	Bowman Construction Company Inc., International Falls	$125.9 thousand$125,900	1
41	Elie Jean, International Falls	$120.6 thousand$120,625	1
42	Wherley Motors Inc., Intl Falls	$120.0 thousand$119,953	1
43	Wherley Motors, Inc., International Falls	$119.9 thousand$119,900	1
44	Pete-Ham Food Services, Inc., International Falls	$109.8 thousand$109,772	1
45	Lucachick Dental Office, Pa, International Falls	$107.9 thousand$107,900	1
46	Friend's Garbage Service, LLC, Intl Falls	$100.0 thousand$100,000	1
47	Border Bar And Pizza House Inc, International Falls	$96,635	1
48	Thomas Herzig, DDS, LLC, International Falls	$94,100	1
49	Cantilever Bridge Distillery, LLC, Ranier	$93,600	1
50	Kantor Electric Inc, International Falls	$92,500	1
51	Om Shreenarayan Inc, International Falls	$86,870	1
52	T&G Enterprises, Inc., International Falls	$85,900	1
53	Trunorth Properties LLC, International Falls	$84,150	2
54	David Swenson, International Falls	$83,340	1
55	Imhof Logging LLC, Littlefork	$81,420	1
56	Riverfront Bar And Grill LLC, International Falls	$80,406	1
57	H.G. Sims Trucking LLC, International Falls	$75,897	1
58	Nelson Brothers Logging LLC, Big Falls	$74,880	1
58	Nelson Brothers Logging, LLC, Big Falls	$74,880	1
60	Pelland Logging Inc., International Falls	$74,700	1
61	Shermoenjaksa Law, PLLC, International Falls	$70,000	1
62	Border Bar And Pizza House Inc, International Falls	$68,600	1
63	Farias Enterprises LLC, International Falls	$67,200	1
64	Northern Timberline Equipment, Inc., Littlefork	$65,500	1
65	Forestland Sales & Service Inc, International Falls	$65,245	1
66	Forestland Sales & Service Inc, International Falls	$65,200	1
67	Rainy Lake Diversified Inc, International Falls	$65,045	1
68	Voyageur Charter Inc., International Falls	$63,657	1
69	Opp Hagemeister Management Inc., International Falls	$63,443	1
70	St Thomas Aquinas Catholic Church, International Falls	$62,897	1
71	Northern Timberline Equipment, Littlefork	$62,837	1
72	Badiuk Equipment Inc., International Falls	$62,756	1
73	Steven Takaichi DDS, International Falls	$62,500	1
74	Om Shreenarayan Inc, International Falls	$62,050	1
75	Riverfront Bar And Grill LLC, International Falls	$61,700	1
76	Falls Lumber Company, Inc., International Falls	$61,300	1
77	Medical Imaging North, Intl Falls	$59,937	1
78	Peterson Logging Inc., Loman	$57,309	1
79	Badiuk Equipment, Inc., International Falls	$57,273	1
80	Corrin Dental PLLC, International Falls	$56,675	1
81	Dh Contracting, LLC, Littlefork	$56,037	1
82	Einarson Brothers Flying Service Inc, International Falls	$52,456	1
82	Einarson Brothers Flying Service, Inc., International Falls	$52,456	1
84	Ridgeview Assisted Living LLC, Intl Falls	$51,825	1
85	Fisher Petroleum Inc, Northome	$51,279	1
86	City Cab And Van Service, Inc, International Falls	$50,987	1
87	Citizens For Backus/Ab Inc, International Falls	$50,888	1
88	Oveson Kab Con, Inc., Kabetogama	$50,436	1
89	City Cab And Van Service Inc., International Falls	$48,382	1
90	Up North Builders, Inc., International Falls	$48,198	1
91	Farias Enterprises LLC, Intl Falls	$47,500	1
91	Imhof Logging, LLC, Littlefork	$47,500	1
93	Joydel Incorporated, Littlefork	$47,480	1
94	Arrowhead On Rainy LLC, Ranier	$47,264	1
95	Badger Roustabouts LLC, Kabetogama	$47,000	1
96	Coffee Landing Cafe LLC, International Falls	$45,322	1
97	All Season Equipment Inc, International Falls	$44,478	1
98	Arrowhead Lodge Resort And Outfitters LLC, Kabetogama	$43,800	1
99	Coffee Landing Cafe, LLC, International Falls	$43,176	1
100	Green-Larson Funeral Home, International Falls	$43,034	1

How the list is drawn

100 of the 395 borrowers ranked in Koochiching 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 Koochiching 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

Koochiching County, as of September 30, 2024

The largest borrowers in Koochiching County · 2020–21

How the list is drawn

Related

Sources