Skip to content
American Factbook
Menu

PPP loans in McHenry County, North Dakota

Each amount is what the Small Business Administration approved, as SBA published it, and says nothing more about the borrower. SBA guaranteed 837 Paycheck Protection Program loans for businesses it recorded in McHenry County, $16.7 million in all.

McHenry County, as of September 30, 2024

$16.7 million
Approved
$16,673,002
0.6% of the $2.9 billion approved in North Dakota.
837
Loans
643 first draws and 194 second draws.
99.8%
Forgiven
835 of 837 loans carry a forgiveness amount, $16.8 million in all.
0.1%
Charged off
1 of 837 loans, approved for $5.0 thousand. That is the loans' size, not what SBA lost.

The largest borrowers in McHenry County · 2020–21

1 more column on a wider screen

The largest borrowers in McHenry County, 2020–21
RankNameUSD
1Verendrye Electric Cooperative, Inc., Velva$1.7 million
2Souris Valley Care Center, Velva$472.2 thousand
3Kasowski Farms, Karlsruhe$244.1 thousand
4Sandhills Dairy, LLP, Towner$195.3 thousand
5Kasowski Farms, Karlsruhe$142.3 thousand
6Gunter Honey Inc, Towner$140.6 thousand
7Northern Plains Feeders LLP, Towner$135.8 thousand
8Seright Cattle LLP, Towner$103.9 thousand
9Velva Foods Inc, Velva$102.5 thousand
10Rv Enterprises, Balfour$100.7 thousand
11Ralph Volson, Balfour$100.6 thousand
12Agro-Tech Inc, Velva$99,500
13Agritec, Inc, Deering$98,271
14Hildre Construction Inc., Velva$86,622
15Rademacher Trucking, Inc, Norwich$80,500
16La Landscaping LLC, Granville$76,000
17Dillon Duchsherer, Voltaire$73,925
18Velva Environmental LLC, Velva$70,203
19Mouse River Oil Co Inc, Velva$62,500
20Star City Golf Course, Velva$61,247
21Jonas Heyl, Towner$58,500
22Mouse River Oil Co Inc, Velva$57,000
23Effertz Key Ranch Inc, Velva$52,857
24Effertz Key Ranch Inc, Velva$52,312
25Colleen Hofer DDS, Velva$52,223
26Mike's Body, Paint, & Glass, Inc., Towner$49,100
27Northern Integrity Heating & Air Conditioning LLC, Velva$47,900
28Velva Drug Company, Velva$46,100
29Towner Animal Health Clinic, P.C., Towner$45,000
30Keith Hall, Upham$43,944
31Kacey & Kristie Abrahamson Trucking LLC, Velva$43,717
32Jason Gange, Karlsruhe$43,104
33Colleen Hofer DBA Velva Dental Center, Velva$43,000
34Thomas Christianson, Upham$42,840
35Matthew Marsh, Newburg$42,153
36John Fjellanger, Rugby$41,980
37Galen Duchsherer, Voltaire$41,670
38Aaron Torr III, Bantry$41,667
38Armann Anderson, Velva$41,667
38Bradley Klebe, Willow City$41,667
38Bruner Angus Ranch LLC, Drake$41,667
38Byron Schiele, Velva$41,667
38Curtis Feist, Velva$41,667
38Daniel Boehm, Voltaire$41,667
38David Marschner, Voltaire$41,667
38David Schock, Velva$41,667
38Gerald Holte, Voltaire$41,667
38James Hystad, Velva$41,667
38Jamie Guttormson, Velva$41,667
38Paul Bromley, Anamoose$41,667
38Reid Pfau, Upham$41,667
38Scott Marschner, Voltaire$41,667
38Timothy Anderson, Granville$41,667
38Tom Krumwiede, Velva$41,667
55Betty Bachmeier, Granville$41,666
55Blaine Isakson, Upham$41,666
55John Marshall, Towner$41,666
55Jordan Kippen, Willow City$41,666
55Levi Johnson, Towner$41,666
55Mackenzie Hansen, Deering$41,666
55Michael Martin, Anamoose$41,666
55Randall Schnase, Anamoose$41,666
55Rodney Stevens, Upham$41,666
64Steven Merck, Granville$41,666
65James Rognlien, Towner$41,665
66Erick Rosenau, Upham$41,665
66Hunter Thorp, Towner$41,665
66John Hase, Anamoose$41,665
66John Rognlien, Towner$41,665
66Joseph Matehs, Upham$41,665
66Larry Fredrickson, Upham$41,665
66Lynn Kongslie, Towner$41,665
66Mark Tiffany, Towner$41,665
66Myles Frounfelter, Granville$41,665
66Randy Merck, Karlsruhe$41,665
66Raymond Jaeger, Towner$41,665
66Scott Bailey, Towner$41,665
66Terry Duchsherer, Voltaire$41,665
79Allen Kuntz, Drake$41,664
79Andrew Lemer, Drake$41,664
79Benjamin Duchsherer, Velva$41,664
79Brady Lemer, Balfour$41,664
79Brian Hauff, Drake$41,664
79Carlyle Colby, Voltaire$41,664
79Conner Colby, Voltaire$41,664
79Curtis Hauff, Drake$41,664
79Daniel Kuntz, Drake$41,664
79Darrin Kostenko, Voltaire$41,664
79Darryl Duchsherer, Balfour$41,664
79Dennis Fredrickson, Deering$41,664
79Denver Goodman, Towner$41,664
79James Mack, Drake$41,664
79Jeffrey Kuntz, Towner$41,664
79John Holler, Drake$41,664
79Justin Payne, Deering$41,664
79Kyle Larsen, Granville$41,664
79Scott Mack, Karlsruhe$41,664
79Shane Anderson, Towner$41,664
79Shane Gunderson, Karlsruhe$41,664
79Sheldon Mack, Karlsruhe$41,664
79Thomas Weninger, Drake$41,664
79Timothy Kvamme, Voltaire$41,664
79Zane Swanson, Voltaire$41,664

How the list is drawn

  • 103 of the 704 borrowers ranked in McHenry 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. The last rank here is shared by 25 borrowers.
  • A borrower is ranked here when SBA recorded its first loan in McHenry 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

Data retrieved