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PPP loans in Lyon County, Minnesota

Each amount is what the Small Business Administration approved, as SBA published it, and says nothing more about the borrower. SBA guaranteed 2,325 Paycheck Protection Program loans for businesses it recorded in Lyon County, $79.8 million in all.

Lyon County, as of September 30, 2024

$79.8 million
Approved
$79,803,818
0.5% of the $16.6 billion approved in Minnesota.
2,325
Loans
1,623 first draws and 702 second draws.
99.4%
Forgiven
2,310 of 2,325 loans carry a forgiveness amount, $79.9 million in all.
0.3%
Charged off
8 of 2,325 loans, approved for $138.4 thousand. That is the loans' size, not what SBA lost.

The largest borrowers in Lyon County · 2020–21

1 more column on a wider screen

The largest borrowers in Lyon County, 2020–21
RankNameUSD
1Turkey Valley Farms Inc, Marshall$3.9 million
2Ralco Nutrition, Inc., Marshall$2.7 million
3Ag Plus Cooperative, Marshall$1.4 million
4Carlson & Stewart Refrigeration Inc, Marshall$1.2 million
5Carlson & Stewart Refrigeration, Inc, Marshall$1.2 million
6Midwest Contracting, LLC, Marshall$1.0 million
7Centrol Crop Consulting, Marshall$1.0 million
8The Tru Shrimp Company, Balaton$919.6 thousand
9R And G Construction, Inc, Marshall$844.3 thousand
10Western Mental Health Center, Inc., Marshall$799.5 thousand
11B&H Contractors Inc, Marshall$749.1 thousand
12Lockwood Motors Inc, Marshall$717.7 thousand
13Wildrose Home Care LLC, Marshall$717.5 thousand
14Material Distributors Inc, Marshall$555.5 thousand
15Key Ventures, Inc., Marshall$537.8 thousand
16D & G Excavating, Inc., Marshall$514.8 thousand
17D&G Excavating Inc, Marshall$495.8 thousand
18Living Services Foundation/Minneota, LLC, Minneota$483.8 thousand
19Living Services Foundation/Minneota LLC, Minneota$483.8 thousand
20Marshall Truss Systems Inc, Marshall$480.1 thousand
21Cottonwood Co-Op Oil Company, Cottonwood$479.3 thousand
22Southwest Aviation Inc., Marshall$434.0 thousand
23Southwest Aviation, Inc., Marshall$433.9 thousand
24Carr Properties, A Partnership, Marshall$431.7 thousand
25Boerboom Ag Resources LLC, Marshall$412.0 thousand
26Grill Works Inc, Marshall$401.0 thousand
27Hoffman & Brobst, Pllp, Marshall$397.3 thousand
28Extreme Panel Technologies Inc, Cottonwood$394.6 thousand
29Key Ventures, Inc., Marshall$384.1 thousand
30Prairie Home Hospice, Inc., Marshall$364.5 thousand
31Khc Construction, Inc., Marshall$361.9 thousand
32The Church Of The Holy Redeemer Of Marshall, Marshall$349.3 thousand
33Roadside Developers, Inc, Marshall$347.0 thousand
34Boerboom Ag Resources LLC, Marshall$340.4 thousand
35Khc Construction Inc., Marshall$335.9 thousand
36Kruse Ford-Lincoln, Inc., Marshall$318.9 thousand
37Action Manufacturing, Inc, Marshall$318.2 thousand
38Olson & Johnson International Inc., Marshall$316.7 thousand
39Hope Harbor, Marshall$297.9 thousand
40Olson & Johnson International, Inc., Marshall$292.9 thousand
41Marshall Lumber Co., Marshall$290.8 thousand
42Action Sports, Inc, Marshall$278.7 thousand
43Southwest Coaches Inc, Marshall$276.5 thousand
44Southwest Coaches Inc, Marshall$276.5 thousand
45Eickhoff Enterprises Inc, Marshall$260.7 thousand
46Kruse Ford Lincoln, Inc, Marshall$257.8 thousand
47Stepping Stone Home Health Care LLC, Marshall$247.6 thousand
48Johnson Family Dental Care LLC, Marshall$240.3 thousand
49Superior Poultry Enterprises, Inc., Marshall$236.3 thousand
50Superior Poultry Enterprises Inc., Marshall$235.0 thousand
51Meier Electric Inc Of Marshall, Marshall$227.8 thousand
52Michael R. Thomas, DDS, PLLC, Marshall$226.7 thousand
53Southwest Sanitation, Inc., Marshall$219.8 thousand
54Sussner Construction, Inc, Marshall$219.7 thousand
55Amarx Inc., Marshall$214.9 thousand
56Touching Hearts Home Care, LLC, Marshall$200.0 thousand
57Marshall Area Young Men's Christian Association, Marshall$194.1 thousand
58Bdh2 - Marshall LLC, Marshall$193.4 thousand
59Michael R Thomas DDS PLLC, Marshall$188.4 thousand
60Stoneberg, Giles & Stroup, P.A., Marshall$188.3 thousand
61Marshall Area Young Men's Christian Association, Marshall$187.5 thousand
62Advance Opportunities, Inc., Marshall$182.0 thousand
63Northwestern Farm Management Co., Marshall$181.7 thousand
64Oakcalpax Inc., Marshall$171.5 thousand
65United Community Action Partnership, Inc, Marshall$170.8 thousand
66Kesteloot Enterprises, Inc., Marshall$170.6 thousand
67Rogge Excavating Inc., Ghent$166.9 thousand
68Hitching Post Of Marshall Inc, Marshall$160.7 thousand
69Rogge Excavating, Inc., Ghent$158.6 thousand
70Aspect Ag LLC, Marshall$158.2 thousand
71Southwest Pallets, Inc., Marshall$155.9 thousand
72Oakcalpax Inc, Marshall$155.2 thousand
73Amarx Incorporated, Marshall$153.3 thousand
74Greenwood Nursery Inc., Tracy$153.1 thousand
75Grandview Farms Inc, Ghent$147.2 thousand
76Bladholm Construction Inc, Marshall$147.2 thousand
77Bladholm Construction, Inc, Marshall$147.1 thousand
78Chasing Our Tails, Inc., Minneota$146.2 thousand
79Borch's Sporting Goods, Inc., Marshall$145.3 thousand
80Brau Brothers Brewing Company LLC, Marshall$144.3 thousand
81Sweet Home Home Care, LLC, Tracy$140.9 thousand
82Lyon Hotel LLC, Marshall$132.7 thousand
83Brau Brothers Brewing Company, LLC, Marshall$132.5 thousand
84Hampton Ridge Financial LLC, Marshall$128.9 thousand
85Hampton Ridge Financial LLC, Marshall$128.8 thousand
86H & L Orthodontics, Marshall$127.8 thousand
87Evan & Brett Peterson Farms, Balaton$127.0 thousand
88Guy Jerimiason, Minneota$126.5 thousand
89Advance Opportunities Inc., Marshall$126.4 thousand
90Bridget's Of Marshall Inc., Marshall$125.9 thousand
91Marshall Pizza Partners LLC, Marshall$125.3 thousand
92Cattoor Oil Co. Inc., Marshall$125.0 thousand
93Runchey, Louwagie & Wellman, P.L.L.P., Marshall$123.9 thousand
94Girard & Sons Pumping Inc, Cottonwood$123.7 thousand
95St. Edward Church, Minneota$123.1 thousand
96Quarnstrom & Doering, Pa, Marshall$122.4 thousand
97Hitching Post Of Marshall Inc, Marshall$114.8 thousand
98Geske Building & Supply Co, Marshall$111.4 thousand
99The Health Enhancement Centers, P.A., Marshall$110.5 thousand
100Marshall Machine Shop Inc, Marshall$110.2 thousand

How the list is drawn

  • 100 of the 2,069 borrowers ranked in Lyon 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 Lyon 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