PPP loans in Lee County, Iowa

Name: Lee County, Iowa
Address: IA, US

Each amount is what the Small Business Administration approved, as SBA published it, and says nothing more about the borrower. SBA guaranteed 1,654 Paycheck Protection Program loans for businesses it recorded in Lee County, $65.2 million in all.

Lee County, as of September 30, 2024

$65.2 million
Approved: $65,168,930; 0.8% of the $8.1 billion approved in Iowa.; 1,654
Loans: 1,287 first draws and 367 second draws.; 98.9%
Forgiven: 1,636 of 1,654 loans carry a forgiveness amount, $65.2 million in all.; 1.0%
Charged off: 16 of 1,654 loans, approved for $389.1 thousand. That is the loans' size, not what SBA lost.

The largest borrowers in Lee County · 2020–21

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The largest borrowers in Lee County, 2020–21
Rank	Name	USD	Loans
1	Gregory Manufacturing Company, Fort Madison	$2.2 million$2,188,400	2
2	Chem Gro Of Houghton Inc., Houghton	$1.4 million$1,424,300	1
3	Allen Blasting And Coating Inc, Wever	$1.2 million$1,156,680	1
4	Jj Nichting Company, Inc., Pilot Grove	$983.4 thousand$983,400	1
5	Shottenkirk, Inc., Fort Madison	$866.6 thousand$866,600	1
6	Merschman Seeds, Inc, West Point	$861.9 thousand$861,905	1
7	Keokuk Mills LLC, Keokuk	$858.5 thousand$858,489	1
8	Baxter Construction Company, LLC, Fort Madison	$854.0 thousand$854,000	1
9	Huffman Welding & Machine, Inc., Fort Madison	$849.7 thousand$849,700	1
10	Fort Madison Health Center Operations, LLC, Fort Madison	$627.2 thousand$627,200	1
11	Mohrfeld Electric Inc., Fort Madison	$614.0 thousand$614,000	1
11	Mohrfeld Electric, Inc., Fort Madison	$614.0 thousand$614,000	1
13	Ziegler Painting And Sandblast, Keokuk	$611.0 thousand$611,050	1
14	Arc Mechanical, Inc., Keokuk	$609.3 thousand$609,300	1
15	Jet Gas Corporation, Houghton	$586.8 thousand$586,827	1
16	Millwright Services Inc, Fort Madison	$585.1 thousand$585,129	1
17	St. Louis Gear Company, Inc., Keokuk	$570.6 thousand$570,600	1
18	Jim Baier, Inc., Fort Madison	$551.3 thousand$551,306	1
19	Millwright Service, Inc., Fort Madison	$550.3 thousand$550,331	1
20	Arc Mechanical Inc., Keokuk	$527.7 thousand$527,700	1
21	Holy Trinity Catholic Schools Inc., West Point	$502.3 thousand$502,300	1
22	Rashid Pharmacy, Fort Madison	$462.3 thousand$462,300	1
23	Quality Plus Feeds Inc, Saint Paul	$452.9 thousand$452,900	1
24	Donnellson Healthcare And Rehabilitation Center LLC, Donnellson	$437.4 thousand$437,374	1
25	Commercial Contracting Services LLC, Keokuk	$435.8 thousand$435,833	1
25	Commercial Contracting Services, LLC, Keokuk	$435.8 thousand$435,833	1
27	Taske Force Inc, Keokuk	$433.0 thousand$433,000	1
28	Ttc Corporation, Keokuk	$431.1 thousand$431,098	1
29	Riverbend Holdings L.L.C., Fort Madison	$428.8 thousand$428,800	1
29	Riverbend Holdings LLC, Fort Madison	$428.8 thousand$428,800	1
31	Keokuk Contractors Inc, Keokuk	$422.9 thousand$422,900	1
31	Keokuk Contractors Inc., Keokuk	$422.9 thousand$422,900	1
33	Precision Mechanical Group Inc, Keokuk	$399.6 thousand$399,600	1
34	Jones Contracting Corp, West Point	$377.6 thousand$377,600	1
35	Mt. Hamill Elevator & Lumber Inc, Donnellson	$366.2 thousand$366,200	1
36	Richers Trucking Inc, Wever	$365.3 thousand$365,300	1
36	Richers Trucking Inc, Wever	$365.3 thousand$365,300	1
38	Merschman Fertilizer, LLC, West Point	$341.7 thousand$341,652	1
39	Jones Contracting Corp, West Point	$337.4 thousand$337,400	1
40	Lee County Ems Ambulance, Inc., Donnellson	$327.1 thousand$327,100	1
41	Group Benefit Partners, LLC, Fort Madison	$324.3 thousand$324,300	1
42	Lcl Farms, Inc., Keokuk	$301.0 thousand$301,000	1
43	Sibling Of Keokuk, Inc., Keokuk	$289.0 thousand$289,000	1
44	Lcl Farms, Inc., Keokuk	$288.2 thousand$288,152	1
45	Lacey N Greenwald DDS. Inc, Keokuk	$283.0 thousand$283,000	2
46	Montrose Health Center Operations, LLC, Montrose	$281.4 thousand$281,400	1
47	Ann M Menke, CPA, Pc, West Point	$280.7 thousand$280,700	1
48	Richers Farms LLC, Wever	$280.6 thousand$280,600	2
49	Westridge Mechanical, Keokuk	$278.5 thousand$278,512	1
49	Westridge Mechanical Contracting Inc., Keokuk	$278.5 thousand$278,512	1
51	Matthew Mohrfeld, Fort Madison	$276.3 thousand$276,342	2
52	Ac Contracting LLC, Keokuk	$270.7 thousand$270,699	2
53	West Point Care Center Inc, West Point	$261.2 thousand$261,200	1
54	Select Puppies Inc., west point	$256.9 thousand$256,900	1
55	Matt's Greenhouse, Fort Madison	$255.5 thousand$255,509	1
56	Cardinal Care Corp., Keokuk	$253.0 thousand$253,000	1
57	Agrineed, Inc, Wever	$251.9 thousand$251,863	1
58	Matlick Inc., Keokuk	$248.9 thousand$248,900	2
59	Sadev Usa, Inc., Keokuk	$246.8 thousand$246,800	1
60	Cardinal Care Corp, Keokuk	$244.9 thousand$244,900	1
61	Wm Johnson Truck Line, Inc., Fort Madison	$242.0 thousand$242,000	1
62	Schickedanz Construction Inc, Fort Madison	$239.2 thousand$239,200	2
63	Paperpak, LLC, Fort Madison	$239.1 thousand$239,100	1
64	Hall Towing, Inc., Fort Madison	$237.6 thousand$237,600	1
65	Conn Communications Inc., Keokuk	$234.4 thousand$234,355	1
65	Conn Communications, Inc, Keokuk	$234.4 thousand$234,355	1
67	Fehseke & Gray Law Offices, Fort Madison	$227.3 thousand$227,300	2
68	Hawkeye Steel Products, Inc., Houghton	$223.6 thousand$223,600	1
69	Pipeline Cleaners, Inc, Fort Madison	$217.2 thousand$217,183	1
70	Creative Hardware Manufacturing Inc., Keokuk	$213.8 thousand$213,800	2
71	Sadev Usa Inc., Keokuk	$211.8 thousand$211,800	1
72	Wells Trucking Inc, Donnellson	$211.0 thousand$211,000	2
73	R.W. Cardella Inc., Keokuk	$206.1 thousand$206,130	1
74	R.W. Cardella, Inc, Keokuk	$206.1 thousand$206,100	1
75	Morse Rubber LLC, Keokuk	$204.2 thousand$204,200	1
75	Morse Rubber, LLC, Keokuk	$204.2 thousand$204,200	1
77	Mowen Cleaning Service, LLC, Fort Madison	$200.4 thousand$200,440	1
78	Decker Manufacturing Company, Keokuk	$191.6 thousand$191,600	1
79	Steffensmeier Welding & Manufacturing, Pilot Grove	$187.8 thousand$187,800	1
79	Steffensmeier Welding & Manufacturing, Inc., Pilot Grove	$187.8 thousand$187,800	1
81	Mobile Nursing Services Ltd, Fort Madison	$183.9 thousand$183,900	1
82	B & B Propane, Inc., Houghton	$183.1 thousand$183,101	1
83	Meyers & James Construction Co, Keokuk	$180.0 thousand$180,000	1
83	Meyers & James Construction Co Inc., Keokuk	$180.0 thousand$180,000	1
85	Hickey Contracting Company Inc., Keokuk	$179.2 thousand$179,200	1
85	Hickey Contracting Company, Inc., Keokuk	$179.2 thousand$179,200	1
87	Counseling Associates, Inc, Keokuk	$177.9 thousand$177,900	1
88	Gary Sanders Masonry Inc., West Point	$171.7 thousand$171,700	1
89	Gary Sanders Masonry Inc., West Point	$171.5 thousand$171,500	1
90	Abolt Construction, Inc, Fort Madison	$170.6 thousand$170,645	1
91	Pipeline Cleaners Inc, Fort Madison	$169.6 thousand$169,570	1
92	Westridge Pump & Process LLC, Keokuk	$162.4 thousand$162,366	1
93	Westridge Pump & Process, LLC, Keokuk	$162.4 thousand$162,365	1
94	Tr Service, Inc, Fort Madison	$161.1 thousand$161,053	1
95	Jjd Contracting Company, Inc., Fort Madison	$158.5 thousand$158,455	1
95	Jjd Contracting Company, Inc., Fort Madison	$158.5 thousand$158,455	1
97	Bates Sanitation & Asphalt Inc., Fort Madison	$151.0 thousand$151,000	2
98	Bmi Acquisition Corporation, Fort Madison	$141.2 thousand$141,173	1
99	Bmi Acquisition Corporation, Fort Madison	$141.1 thousand$141,125	1
100	Travel Midwest LLC, Keokuk	$137.9 thousand$137,947	2

How the list is drawn

100 of the 1,459 borrowers ranked in Lee 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 Lee 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

Lee County, as of September 30, 2024

The largest borrowers in Lee County · 2020–21

How the list is drawn

Related

Sources