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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 $138,362. 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$919,638
9R And G Construction, Inc, Marshall$844,300
10Western Mental Health Center, Inc., Marshall$799,500
11B&H Contractors Inc, Marshall$749,100
12Lockwood Motors Inc, Marshall$717,700
13Wildrose Home Care LLC, Marshall$717,500
14Material Distributors Inc, Marshall$555,500
15Key Ventures, Inc., Marshall$537,817
16D & G Excavating, Inc., Marshall$514,815
17D&G Excavating Inc, Marshall$495,752
18Living Services Foundation/Minneota, LLC, Minneota$483,833
19Living Services Foundation/Minneota LLC, Minneota$483,832
20Marshall Truss Systems Inc, Marshall$480,100
21Cottonwood Co-Op Oil Company, Cottonwood$479,334
22Southwest Aviation Inc., Marshall$433,965
23Southwest Aviation, Inc., Marshall$433,900
24Carr Properties, A Partnership, Marshall$431,700
25Boerboom Ag Resources LLC, Marshall$412,040
26Grill Works Inc, Marshall$401,000
27Hoffman & Brobst, Pllp, Marshall$397,300
28Extreme Panel Technologies Inc, Cottonwood$394,600
29Key Ventures, Inc., Marshall$384,100
30Prairie Home Hospice, Inc., Marshall$364,500
31Khc Construction, Inc., Marshall$361,895
32The Church Of The Holy Redeemer Of Marshall, Marshall$349,300
33Roadside Developers, Inc, Marshall$347,000
34Boerboom Ag Resources LLC, Marshall$340,407
35Khc Construction Inc., Marshall$335,904
36Kruse Ford-Lincoln, Inc., Marshall$318,900
37Action Manufacturing, Inc, Marshall$318,160
38Olson & Johnson International Inc., Marshall$316,680
39Hope Harbor, Marshall$297,905
40Olson & Johnson International, Inc., Marshall$292,900
41Marshall Lumber Co., Marshall$290,800
42Action Sports, Inc, Marshall$278,709
43Southwest Coaches Inc, Marshall$276,528
44Southwest Coaches Inc, Marshall$276,500
45Eickhoff Enterprises Inc, Marshall$260,700
46Kruse Ford Lincoln, Inc, Marshall$257,800
47Stepping Stone Home Health Care LLC, Marshall$247,600
48Johnson Family Dental Care LLC, Marshall$240,277
49Superior Poultry Enterprises, Inc., Marshall$236,250
50Superior Poultry Enterprises Inc., Marshall$234,966
51Meier Electric Inc Of Marshall, Marshall$227,800
52Michael R. Thomas, DDS, PLLC, Marshall$226,687
53Southwest Sanitation, Inc., Marshall$219,830
54Sussner Construction, Inc, Marshall$219,700
55Amarx Inc., Marshall$214,893
56Touching Hearts Home Care, LLC, Marshall$200,000
57Marshall Area Young Men's Christian Association, Marshall$194,065
58Bdh2 - Marshall LLC, Marshall$193,441
59Michael R Thomas DDS PLLC, Marshall$188,370
60Stoneberg, Giles & Stroup, P.A., Marshall$188,300
61Marshall Area Young Men's Christian Association, Marshall$187,500
62Advance Opportunities, Inc., Marshall$182,000
63Northwestern Farm Management Co., Marshall$181,700
64Oakcalpax Inc., Marshall$171,493
65United Community Action Partnership, Inc, Marshall$170,800
66Kesteloot Enterprises, Inc., Marshall$170,600
67Rogge Excavating Inc., Ghent$166,885
68Hitching Post Of Marshall Inc, Marshall$160,748
69Rogge Excavating, Inc., Ghent$158,600
70Aspect Ag LLC, Marshall$158,200
71Southwest Pallets, Inc., Marshall$155,908
72Oakcalpax Inc, Marshall$155,200
73Amarx Incorporated, Marshall$153,300
74Greenwood Nursery Inc., Tracy$153,100
75Grandview Farms Inc, Ghent$147,200
76Bladholm Construction Inc, Marshall$147,195
77Bladholm Construction, Inc, Marshall$147,100
78Chasing Our Tails, Inc., Minneota$146,187
79Borch's Sporting Goods, Inc., Marshall$145,295
80Brau Brothers Brewing Company LLC, Marshall$144,326
81Sweet Home Home Care, LLC, Tracy$140,900
82Lyon Hotel LLC, Marshall$132,720
83Brau Brothers Brewing Company, LLC, Marshall$132,500
84Hampton Ridge Financial LLC, Marshall$128,887
85Hampton Ridge Financial LLC, Marshall$128,800
86H & L Orthodontics, Marshall$127,786
87Evan & Brett Peterson Farms, Balaton$127,002
88Guy Jerimiason, Minneota$126,500
89Advance Opportunities Inc., Marshall$126,435
90Bridget's Of Marshall Inc., Marshall$125,885
91Marshall Pizza Partners LLC, Marshall$125,289
92Cattoor Oil Co. Inc., Marshall$125,000
93Runchey, Louwagie & Wellman, P.L.L.P., Marshall$123,900
94Girard & Sons Pumping Inc, Cottonwood$123,732
95St. Edward Church, Minneota$123,107
96Quarnstrom & Doering, Pa, Marshall$122,400
97Hitching Post Of Marshall Inc, Marshall$114,800
98Geske Building & Supply Co, Marshall$111,355
99The Health Enhancement Centers, P.A., Marshall$110,500
100Marshall Machine Shop Inc, Marshall$110,200

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

Compiled automatically from SBA Paycheck Protection Program (PPP) FOIA — loan-level data and Census Bureau county population estimates by a checked SQL query · Editor: Kian O'Connor · How this site is built

Data retrieved