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PPP loans in Madison County, Iowa

Each amount is what the Small Business Administration approved, as SBA published it, and says nothing more about the borrower. SBA guaranteed 1,055 Paycheck Protection Program loans for businesses it recorded in Madison County, $32.0 million in all.

Madison County, as of September 30, 2024

$32.0 million
Approved
$31,996,591
0.4% of the $8.1 billion approved in Iowa.
1,055
Loans
861 first draws and 194 second draws.
99.1%
Forgiven
1,046 of 1,055 loans carry a forgiveness amount, $32.0 million in all.
0.5%
Charged off
5 of 1,055 loans, approved for $102,903. That is the loans' size, not what SBA lost.

The largest borrowers in Madison County · 2020–21

1 more column on a wider screen

The largest borrowers in Madison County, 2020–21
RankNameUSD
1Agriland Fs, Inc., Winterset$5.6 million
2Madison County Memorial Hospital, Winterset$2.2 million
3Ted Lare Design Build, Inc, Cumming$647,500
4Allendan Seed Company, Inc., Winterset$494,876
5Bcp Winterset, LLC, Winterset$396,769
6R & D Engineering, Inc. Of Earlham, Earlham$281,000
7Central Iowa Fencing Ltd, Cumming$274,489
8B B & P Feed & Grain, Inc., Winterset$258,700
9Grip-Tite Manufacturing Co. L.L.C., Winterset$233,300
10Simon Welding, Inc., Winterset$233,000
11C.K. Fairco, Inc., Winterset$224,700
12A-One Geothermal Inc., Earlham$217,813
13Montross Pharmacy, Inc., Winterset$211,000
14A-One Geothermal, Inc., Earlham$208,047
15Parker Welding & Fabrication Inc, Winterset$207,320
16Fmtc-I35 Inc., Truro$189,500
17Parker Welding & Fabrication Inc., Winterset$187,286
18Mfi, LLC, Winterset$182,333
19Applied Electronics Corporation, Saint Charles$166,500
20Anchored Walls, Inc., Winterset$163,700
21The Expandit Company LLC, Winterset$146,104
22The Patrick Riley LLC, Winterset$142,600
23The Expandit Company, LLC, Winterset$137,400
24Henrichsen Electric, LLC, Cumming$137,200
25James D. Elliott, D.D.S., P.L.L.C., Winterset$129,596
25James D. Elliott, D.D.S., P.L.L.C., Winterset$129,596
27Madison County Medical Associates, Pc, Winterset$123,300
28Wildwood Hills, Inc., Saint Charles$121,600
29Wiese Drywall Services, LLC, Van Meter$111,875
30Summitt Veterinary Services, Winterset$110,500
31Breeding Hardware Inc., Winterset$108,800
32Hitchin Post LLC, Bevington$108,006
33Wiegert Disposal Inc., Prole$106,305
34Lpb Inc., Earlham$104,092
34Lpb, Inc, Earlham$104,092
36Sean Cameron, Patterson$102,924
37Bullzeye Inc., Peru$100,654
38R&B Tire And Auto Inc., Winterset$93,500
38Van Pelt Painting, Inc., Van Meter$93,500
40Wiese Drywall Services LLC, Van Meter$92,624
41Solutions 2 LLC, Winterset$91,300
42Bp Associates Of The Midwest, Inc, Van Meter$87,800
43Northside Cafe LLC, Winterset$83,925
44Lillie Plumbing, Heating & Electric, Inc., Earlham$83,428
44Lillie Plumbing, Heating & Electric, Inc., Earlham$83,428
46T & M Construction, LLC, Saint Charles$82,781
47Burkett Electric, Inc., Winterset$80,900
48Porter Construction LLC, Winterset$80,368
49J.D. & Sons, Inc., Earlham$79,439
50World Wide Export And Equipment Sales, Inc, Bevington$78,100
51Johnson Insurance, LLC, Winterset$76,937
52Solutions 2, LLC, Winterset$74,900
53Turning Point Evaluation, Inc., Winterset$73,700
54Newcastle Enterprises Inc, Winterset$73,655
55Newcastle Enterprises, Inc., Winterset$73,600
56Dr. Richard C. Apodaca, P.C., Earlham$71,550
57Pizza Ranch Of Winterset LLC, Winterset$71,265
58Michael Frank, Earlham$66,696
59West Fork LLC, Cumming$66,663
60Dr. Richard C. Apodaca, P.C., Earlham$65,967
61Duncan Construction LLC, Van Meter$65,800
62Commercial Packaging And Distribution LLC, Winterset$65,400
63Beeler Trucking, Inc, Winterset$64,725
64Hitchin Post, LLC, Bevington$63,700
64Texline, Inc., Winterset$63,700
66Stepping Stones Child Care Center, Inc., Winterset$62,890
67Porter Construction, LLC, Winterset$62,596
68Cedar Creek Animal Clinic, P.C., Winterset$62,300
68Jordan, Oliver, Walters & Smith, P.C., Winterset$62,300
70John Scott, Earlham$59,890
71Dunkel Corporation, Cumming$59,300
71Von Dre Fine Carpentry LLC, Cumming$59,300
73Raised Hunting LLC, Winterset$58,809
74Hwy 169 Ag Services, LLC, Winterset$57,749
75Mobile Upholstery Repair Inc, Winterset$56,520
76Commercial Packaging & Distribution, LLC, Winterset$56,400
77The Children's Jungle LLC, Winterset$55,877
78West Side Bar & Grille Inc., Earlham$55,822
79Scot M Clark, Winterset$55,600
80Earlham Building Center, Inc., Earlham$55,150
81Winterset Veterinary Center, P.C., Winterset$54,500
82Otto Bussanmas, Bevington$54,357
83Hirsch Electric Inc, Winterset$54,200
84Helland Construction Inc., Winterset$54,077
85Von Dre Fine Carpentry L.L.C., Cumming$53,500
86Pizza Ranch Of Winterset, LLC, Winterset$52,940
87Herman Welding & Repair, LLC, Truro$52,637
88Cousin's Electric Inc, Winterset$52,000
89Bussanmas Services, Bevington$50,494
90Ag Manufacturing & Technology, Inc., Prole$50,400
90Applegate Tax & Accounting LLC, Winterset$50,400
90Central States Railroad Services, LLC, Earlham$50,400
93George Edwards II, Saint Charles$49,913
94Grx II Ltd, Winterset$49,679
95Jason Hirsch, Dexter$49,500
96Hometown Holdings Inc, Winterset$48,127
97Jp&D Farms Inc, Cumming$47,370
98Stromax Construction Inc., Winterset$47,233
99Jd Derm LLC, Earlham$45,900
100Burkett Construction, L.L.C., Winterset$45,700

How the list is drawn

  • 100 of the 969 borrowers ranked in Madison 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 Madison 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.

Related

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