PPP loans in Lake County, South Dakota

Name: Lake County, South Dakota
Address: SD, US

Each amount is what the Small Business Administration approved, as SBA published it, and says nothing more about the borrower. SBA guaranteed 990 Paycheck Protection Program loans for businesses it recorded in Lake County, $34.0 million in all.

Lake County, as of September 30, 2024

$34.0 million
Approved: $33,977,908; 1.2% of the $2.7 billion approved in South Dakota.; 990
Loans: 717 first draws and 273 second draws.; 99.5%
Forgiven: 985 of 990 loans carry a forgiveness amount, $33.9 million in all.; 0.4%
Charged off: 4 of 990 loans, approved for $47.7 thousand. That is the loans' size, not what SBA lost.

The largest borrowers in Lake County · 2020–21

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The largest borrowers in Lake County, 2020–21
Rank	Name	USD	Loans
1	Madison Community Hospital, Madison	$2.5 million$2,499,000	1
2	Sbs Cybersecurity, LLC, Madison	$957.1 thousand$957,100	1
3	Custom Touch Homes LLC, Madison	$886.1 thousand$886,122	2
4	Bmg Services LLC, Madison	$883.2 thousand$883,173	2
5	Global Polymer Industries, Inc., Madison	$858.0 thousand$858,025	1
6	Montgomery's Furniture, Inc., Madison	$829.7 thousand$829,700	1
7	Dakota Ethanol, LLC, Wentworth	$760.4 thousand$760,400	1
8	Bethel Lutheran Home, Madison	$709.4 thousand$709,400	1
9	Prostrollo Motor Company, Inc., Madison	$610.3 thousand$610,322	1
10	Domestic Seed + Supply Inc, Madison	$548.2 thousand$548,200	1
11	Ppd Usa Inc, Madison	$540.3 thousand$540,281	1
12	Rosebud Manufacturing Co. Inc., Madison	$508.2 thousand$508,200	1
13	Adm Freight Legacy LLC, Madison	$411.5 thousand$411,500	1
14	Lake County International, Inc., Madison	$349.9 thousand$349,900	1
15	Lake County Dairy , LLC, Ramona	$341.7 thousand$341,725	2
16	G.A. Murdock, Inc., Madison	$301.0 thousand$301,000	1
17	Farmers Ag Center, LLC, Madison	$297.4 thousand$297,400	1
18	Red Horse Seed Production Inc, Madison	$292.4 thousand$292,400	1
18	Red Horse Seed Production Inc, Madison	$292.4 thousand$292,400	1
20	Farmers & Merchants Coop Oil Co, Madison	$289.7 thousand$289,700	1
21	May Construction Inc, Madison	$275.9 thousand$275,917	1
22	Hunter Publishing Inc, Madison	$275.8 thousand$275,800	1
22	Hunter Publishing, Inc, Madison	$275.8 thousand$275,800	1
24	Prostrollo Auto Plaza Co., Madison	$242.8 thousand$242,775	1
25	Madison Farmers Elevator, Madison	$226.7 thousand$226,700	1
25	Madison Farmers Elevator Company, Madison	$226.7 thousand$226,700	1
27	B&G Transportation LLC, Madison	$221.3 thousand$221,300	1
28	Nsf LLC, Wentworth	$205.0 thousand$205,020	1
29	Stemper Auto Body, LLC, Madison	$155.3 thousand$155,323	1
30	Madison Lawn Care, Inc., Madison	$140.7 thousand$140,740	1
31	A.H. Meyer & Sons, Inc., Winfred	$133.9 thousand$133,900	1
32	Madison Lawn Care Inc., Madison	$131.6 thousand$131,644	1
33	Amert Construction Co Inc, Madison	$130.5 thousand$130,500	1
33	Amert Construction Company, Madison	$130.5 thousand$130,500	1
35	Goth Electric, Madison	$125.8 thousand$125,843	1
36	Jode, Inc (Madison), Madison	$119.6 thousand$119,565	1
37	Steve's Tire & Service, Inc., Chester	$116.3 thousand$116,300	1
38	C & K Construction Partnership, Madison	$108.2 thousand$108,200	1
39	C & K Construction, Madison	$105.0 thousand$105,000	1
40	Shannon Kauffman, Madison	$103.1 thousand$103,132	1
41	Hyland Machining Inc., Madison	$103.1 thousand$103,100	1
42	Goth Electric, Madison	$102.9 thousand$102,885	1
43	Breske Crop Insurance, Inc, Madison	$101.2 thousand$101,200	1
44	Coles Petroleum Inc., Madison	$97,170	1
44	Coles Petroleum Products Inc., Madison	$97,170	1
46	Buds Cleanup Service, Madison	$95,600	1
47	Kevin M. Donlin DMD Pc, Madison	$94,900	1
48	Infotech Solutions, LLC, Madison	$94,100	1
49	Inter-Lakes Community Action Partnership, Inc, Madison	$92,600	1
50	One Stop, Madison	$89,955	1
51	Makenda LLC, Madison	$88,200	1
52	Interlakes Sport Center, LLC, Madison	$87,300	1
53	Blaine Eliason, Madison	$87,236	1
54	Mpr Inc, Madison	$80,780	1
55	Vet Practice, LLC, Madison	$79,475	1
56	Laser Cut Inc, Madison	$77,200	1
56	Laser Cut Inc, Madison	$77,200	1
58	Wire's Tax & Management Services, Madison	$76,876	1
59	Keppen Construction Inc, Madison	$72,500	1
60	Eyecare Center Of Madison Prof LLC, Madison	$72,492	1
61	Broadwater 2014 Inc, Wentworth	$71,272	2
62	Sonnys LLC, Madison	$70,782	2
63	Eyecare Center Of Madison Prof LLC, Madison	$70,000	1
64	Madison Family Dental LLC, Madison	$69,000	1
65	National Tower Controls, Chester	$68,908	1
66	Madison Hospitality Group, Madison	$67,972	1
67	Madison Livestock Sales Co Inc, Madison	$66,793	1
68	Insurance Associates Inc., Madison	$65,140	1
69	J & C Transport, Inc., Madison	$64,445	1
70	Reinicke Construction, Inc, Madison	$64,400	1
71	Insurance Associates Inc, Madison	$63,700	1
72	Barger Electric LLC, Madison	$62,200	1
73	Madison Livestock Sales Inc., Madison	$61,709	1
74	Dakota Chiropractic Office, Madison	$60,275	2
75	Mpr Inc., Madison	$57,700	1
76	Professional Server Certification Corp, Madison	$56,327	1
77	St. Thomas School, Madison	$55,900	1
78	Madison Tires, Inc., Madison	$55,600	1
79	Snodepot, LLC, Madison	$55,100	1
80	Stordahl Companies Inc, Madison	$53,700	1
81	Wayne Bessman, Wentworth	$53,291	2
82	Prairie Queen Mill LLC, Nunda	$52,400	1
82	Trinity Lutheran Church, Madison	$52,400	1
82	Trinity Lutheran Church, Madison	$52,400	1
85	Mader, Inc, Madison	$52,360	1
86	Living Hope Wesleyan Church, Madison	$51,910	2
87	Dr Larry P Green DDS Inc, Madison	$51,878	1
88	Larry P Green DDS, Inc P.C., Madison	$51,800	1
89	David Johnson, Madison	$51,633	2
90	Scott Stratton, Rutland	$51,357	2
91	Max Schwader, Winfred	$51,300	1
92	Longacre Farms Inc, Wentworth	$50,613	2
93	Bob's Electric Of Madison Inc, Madison	$50,181	1
94	Lakeside Dock Sales & Service Inc., Wentworth	$49,578	1
95	Wire's Tax & Management Services, Madison	$49,118	1
96	Randal Wiese, Madison	$49,065	2
97	Verlyn Fods, Madison	$49,063	2
98	Riggin Flight Service Inc., Madison	$48,802	1
99	Paul Nelson, Madison	$46,943	2
100	Charles Johnson, Madison	$46,060	2

How the list is drawn

100 of the 860 borrowers ranked in Lake 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 Lake 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

Lake County, as of September 30, 2024

The largest borrowers in Lake County · 2020–21

How the list is drawn

Related

Sources