Skip to content

PPP loans in Linn County, Iowa

Each amount is what the Small Business Administration approved, as SBA published it, and says nothing more about the borrower. SBA guaranteed 7,637 Paycheck Protection Program loans for businesses it recorded in Linn County, $662.1 million in all.

Linn County, as of September 30, 2024

$662.1 million
Approved
$662,104,122
8.2% of the $8.1 billion approved in Iowa.
7,637
Loans
5,816 first draws and 1,821 second draws.
93.8%
Forgiven
7,165 of 7,637 loans carry a forgiveness amount, $653.7 million in all.
4.5%
Charged off
347 of 7,637 loans, approved for $7.2 million. That is the loans' size, not what SBA lost.

The largest borrowers in Linn County · 2020–21

1 more column on a wider screen

The largest borrowers in Linn County, 2020–21
RankNameUSD
1Modern Holdings, Inc., Cedar Rapids$8.0 million
2Van Meter Inc., Cedar Rapids$7.4 million
3Esco Electric Company, Marion$6.8 million
4Physicians' Clinic Of Iowa, P.C., Cedar Rapids$6.8 million
5Shive-Hattery Group, Inc., Cedar Rapids$6.1 million
6Thomas L. Cardella & Associates, Inc, Cedar Rapids$5.9 million
7Four Oaks Family And Children's Services, Cedar Rapids$5.1 million
8Igd Industries Holding Company, LLC, Cedar Rapids$4.9 million
9Cornell College, Mount Vernon$4.5 million
10Senior Housing Management, Inc., Cedar Rapids$4.2 million
11Communications Engineering Company, Hiawatha$4.1 million
12Don Hummer Trucking Corporatio, Cedar Rapids$4.1 million
13Involta, LLC, Cedar Rapids$4.0 million
14Truenorth Companies Lc, Cedar Rapids$3.9 million
15Slb Of Iowa, Lc, Cedar Rapids$3.7 million
16B G Brecke, Inc, Cedar Rapids$3.6 million
17Raining Rose, Inc., Cedar Rapids$3.5 million
18Mount Mercy University, Cedar Rapids$3.4 million
19Hupp Electric Motors, Inc., Marion$3.2 million
20Nrg Radio LLC A/K/A Nrg Media LLC, Cedar Rapids$2.9 million
21Folience Inc, Cedar Rapids$2.9 million
22Iowa Fluid Power, Inc., Cedar Rapids$2.6 million
237G Distributing, LLC, Cedar Rapids$2.4 million
24Lynch Ford-Mt Vernon, Inc., Mount Vernon$2.4 million
25Ccb Packaging, Inc., Hiawatha$2.4 million
26Engineered Seal Products, Inc., Cedar Rapids$2.3 million
27Tanager Place, Cedar Rapids$2.3 million
28Newell Machinery Company, Inc., Hiawatha$2.3 million
29World Class Industries Inc, Hiawatha$2.3 million
30Midamerican Aerospace Ltd, Cedar Rapids$2.2 million
31Limolink, Incorporated, Marion$2.2 million
32Freund-Vector Corporation, Marion$2.1 million
33Timberline Manufacturing Company, Marion$2.1 million
34Thompson Truck & Trailer, LLC, Cedar Rapids$2.1 million
35D.C. Taylor Co., Cedar Rapids$2.0 million
36Opn, Inc., Cedar Rapids$2.0 million
37D.C. Taylor Co., Cedar Rapids$2.0 million
37Folience Inc., Cedar Rapids$2.0 million
37Iowa Fluid Power, Cedar Rapids$2.0 million
37Limolink Incorporated, Marion$2.0 million
37Nrg Media LLC, Cedar Rapids$2.0 million
37Thompson Truck & Trailer LLC, Cedar Rapids$2.0 million
43Hawkeye Electrical Contractors Of Cedar Rapids, Ltd, Hiawatha$2.0 million
44Infinity Contact, Inc., Cedar Rapids$2.0 million
44Infinity Contact, Inc., Cedar Rapids$2.0 million
46Benchmark, Inc., Cedar Rapids$1.9 million
47Highway Equipment Company, Cedar Rapids$1.9 million
48Imon Communications LLC, Cedar Rapids$1.9 million
49Radiology Consultants Of Iowa, Plc, Cedar Rapids$1.9 million
50Simmons Perrine Moyer Bergman Plc, Cedar Rapids$1.8 million
51Acme Electric Company, Cedar Rapids$1.8 million
52Ob-Gyn Associates, P.C., Cedar Rapids$1.8 million
53Alpha Midwest Holding Company, Cedar Rapids$1.7 million
54C R Pharmacy Service, Inc., Cedar Rapids$1.7 million
55Price Industrial Electric, Inc, Robins$1.7 million
56West Janitorial Service, Inc., Hiawatha$1.7 million
57Beaton, Inc., Cedar Rapids$1.7 million
58The Meth-Wick Community, Inc., Cedar Rapids$1.7 million
59Bowker Mechanical Contractors LLC, Cedar Rapids$1.6 million
60Fiberutilities Group, LLC, Cedar Rapids$1.6 million
61Shachindra Bahadur DDS, P.C., Cedar Rapids$1.6 million
62Grask Truck Group, Inc., Cedar Rapids$1.6 million
63Shuttleworth & Ingersoll, P.L.C., Cedar Rapids$1.6 million
64Munson Electric, Inc., Hiawatha$1.6 million
65Area Substance Abuse Council,, Cedar Rapids$1.5 million
66Stamats Communication Inc., Cedar Rapids$1.5 million
67Stamats Communication, Inc., Cedar Rapids$1.5 million
68Midwest Metal Products, Cedar Rapids$1.5 million
69Midwest Metal Products Co, Cedar Rapids$1.5 million
70Msi Mold Bilders - Se. Inc., Cedar Rapids$1.5 million
71Ob/Gyn Associates Pc, Cedar Rapids$1.5 million
72Dave Schmitt Construction Company, Inc., Cedar Rapids$1.5 million
73Skogman Construction Co Of Iowa, Cedar Rapids$1.5 million
74Cric Ltd, Hiawatha$1.4 million
75Circle Computer Resources, Inc., Cedar Rapids$1.4 million
76Dakota Red Corporation, Cedar Rapids$1.4 million
77Worley Warehousing, Cedar Rapids$1.4 million
78Cric, Ltd., Hiawatha$1.4 million
79Premier Staffing, Inc., Hiawatha$1.4 million
80Rathje Construction Co, Marion$1.4 million
81Elmcrest Country Club, Cedar Rapids$1.4 million
82The Cedar Rapids Dental Center, Cedar Rapids$1.3 million
83Perfect Game Incorporated, Cedar Rapids$1.3 million
84Shachindra Bahadur D.D.S. Pc, Cedar Rapids$1.3 million
85Colony Plumbing & Heating, Inc., Cedar Rapids$1.3 million
86Prk Williams, Inc., Cedar Rapids$1.3 million
87Linn County Anesthesiologists Pc, Hiawatha$1.3 million
88Day Mechanical Systems, Inc., Cedar Rapids$1.3 million
89Accel Holdings, Inc., Cedar Rapids$1.3 million
90Sadler Power Train Inc., Cedar Rapids$1.3 million
91The Young Men's Christian Association Of The Cedar Rapids Me, Cedar Rapids$1.2 million
92Geonetric, Inc., Cedar Rapids$1.2 million
93Linn County Anesthesiologists, Pc, Hiawatha$1.2 million
94Vanguard Appraisals Inc, Cedar Rapids$1.2 million
95Icon Industrial Services, LLC, Cedar Rapids$1.2 million
96Genova Technologies, Inc., Cedar Rapids$1.2 million
97Pipe Pro Inc, Cedar Rapids$1.2 million
98Hiawatha Care Center Inc, Hiawatha$1.2 million
99Hiawatha Care Center, Inc., Hiawatha$1.2 million
100Pearson Wall Systems, Inc., Cedar Rapids$1.2 million

How the list is drawn

  • 100 of the 7,089 borrowers ranked in Linn 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 Linn 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