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PPP loans in McLeod County, Minnesota

Each amount is what the Small Business Administration approved, as SBA published it, and says nothing more about the borrower. SBA guaranteed 1,758 Paycheck Protection Program loans for businesses it recorded in McLeod County, $119.4 million in all.

McLeod County, as of September 30, 2024

$119.4 million
Approved
$119,428,470
0.7% of the $16.6 billion approved in Minnesota.
1,758
Loans
1,380 first draws and 378 second draws.
99.0%
Forgiven
1,741 of 1,758 loans carry a forgiveness amount, $119.0 million in all.
0.6%
Charged off
11 of 1,758 loans, approved for $407.9 thousand. That is the loans' size, not what SBA lost.

The largest borrowers in McLeod County · 2020–21

1 more column on a wider screen

The largest borrowers in McLeod County, 2020–21
RankNameUSD
1Millerbernd Manufacturing Company, Winsted$5.5 million
2Minnesota Ag Power Inc, Glencoe$5.0 million
3Hutchinson Manufacturing Holdings, LLC, Hutchinson$4.6 million
4Heartland Agriculture, LLC, Hutchinson$4.0 million
5Forma A Feed, Inc., Stewart$3.4 million
6Goebel Fixture Co., Hutchinson$2.6 million
7Goebel Fixture Co., Hutchinson$2.0 million
7Hutchinson Manufacturing Holdings LLC, Hutchinson$2.0 million
9Littfin Lumber Co., Winsted$2.0 million
10Lester Building Systems, LLC, Lester Prairie$1.8 million
11Warrior Mfg LLC, Hutchinson$1.8 million
12Warrior Mfg, LLC, Hutchinson$1.7 million
13Twin Cities & Western Railroad Company, Glencoe$1.6 million
14Hutchinson Senior Care Services, Hutchinson$1.6 million
15Plato Woodwork, Inc., Plato$1.5 million
16Welcome Home Health Care, Inc, Hutchinson$1.5 million
17Reiner Contracting Inc., Hutchinson$1.5 million
18Concrete Mobility, LLC, Glencoe$1.4 million
19Awi Manufacturing Inc., Winsted$1.2 million
20Midwest Industrial Tool Grinding, Inc., Hutchinson$1.0 million
21R & R Excavating Inc., Hutchinson$787.5 thousand
22Lester Buildings, LLC, Lester Prairie$727.5 thousand
23Propilots LLC, Hutchinson$726.9 thousand
23Propilots, LLC, Hutchinson$726.9 thousand
25Southwest Initiative Foundation, Hutchinson$725.5 thousand
26Proform Fabrication, LLC, Winsted$700.7 thousand
27K-Way Express, Inc., Winsted$692.6 thousand
28Hutchinson Health Physicians, Hutchinson$653.4 thousand
29R & R Excavating, Inc., Hutchinson$647.5 thousand
30Minway Inc., Glencoe$573.5 thousand
31Ram Buildings Inc, Winsted$566.5 thousand
32Hutchinson Co-Op, Hutchinson$555.6 thousand
33Aveyron Homes Inc, Hutchinson$549.5 thousand
34Jerry's Transmission Service Inc, Lester Prairie$530.6 thousand
35McLeod Cooperative Power Association, Glencoe$524.8 thousand
36Rd Machine Inc., Hutchinson$516.8 thousand
37Rd Machine, Inc., Hutchinson$516.8 thousand
38Herald Journal Publishing, Inc., Winsted$510.4 thousand
39Tech Mix, LLC, Stewart$507.3 thousand
40Hutchinson Health Physicians, P.A., Hutchinson$500.0 thousand
41Reiner Contracting Inc, Hutchinson$489.8 thousand
42Mpq, Inc, Hutchinson$481.2 thousand
43Subway, Glencoe$409.6 thousand
44Sjf Material Handling Inc, Winsted$402.5 thousand
45Watkins Veterinary Clinic, P.A., Hutchinson$400.0 thousand
46Hjerpe Contracting, Inc., Hutchinson$398.4 thousand
47Pro-Maintenance, Inc., Hutchinson$385.5 thousand
48The Pinske Edge Inc., Plato$383.8 thousand
49Kmac Inc, Hutchinson$378.8 thousand
50Bear Paw Enterprises LLC, Hutchinson$378.1 thousand
51The Pinske Edge, Inc., Plato$375.0 thousand
52Kmac, Inc, Hutchinson$370.4 thousand
53Hutchinson Auto Center, Inc., Hutchinson$369.9 thousand
54Dimax Corporation, Winsted$350.0 thousand
55Valley Sales Of Hutchinson Inc, Hutchinson$346.9 thousand
56Pride Solutions, LLC, Hutchinson$344.5 thousand
57Riteway Conveyors Inc, Hutchinson$309.9 thousand
58Riteway Conveyors, Inc., Lester Prairie$309.9 thousand
59Grages Enterprises, Inc., Glencoe$309.0 thousand
60Dominion Resources, Inc, Glencoe$305.5 thousand
61Bjb, LLC, Hutchinson$298.9 thousand
62Tokyo Grill Aa Inc, Hutchinson$290.7 thousand
63Underground Products, Inc., Winsted$284.0 thousand
64Sterling Logistics LLC, Hutchinson$281.9 thousand
65Underground Products Inc., Winsted$280.6 thousand
66Winsted Dental PLLC, Winsted$277.0 thousand
67Harpel Bros., Inc., Glencoe$276.6 thousand
68Forever Smiles, PLLC, Glencoe$276.4 thousand
69Two Joe's Hutchinson Inc., Hutchinson$274.6 thousand
70Adult Training And Habilitation Center Inc., Winsted$272.2 thousand
70Adult Training And Habilitation Center, Inc., Winsted$272.2 thousand
72Forever Smiles PLLC, Glencoe$269.6 thousand
73Cedar Crest Estate Inc, Silver Lake$267.5 thousand
74McKimm Milk Transit, Inc., Hutchinson$267.0 thousand
75Plumbing And Heating By Craig, Hutchinson$266.7 thousand
76Five Start Office Installations Inc, Lester Prairie$260.6 thousand
77Hutchinson Superstores Inc., Hutchinson$260.5 thousand
78McCormicks Family Restaurants Inc., Hutchinson$256.4 thousand
79Winsted Dental PLLC, Winsted$250.3 thousand
80Acc Midwest Transportation Inc., Hutchinson$247.2 thousand
81Acc Midwest Transportation Inc, Hutchinson$247.0 thousand
82Dreams Of Field LLC, Winsted$246.5 thousand
83B & C Plumbing, Inc., Hutchinson$246.5 thousand
84Harvest Financial Services Inc., Hutchinson$242.5 thousand
85Two Joe's Hutchinson Inc., Hutchinson$242.3 thousand
86Glencoe Co-Op Assn., Glencoe$234.5 thousand
87The Church Of St. Anastasia Of Hutchinson, Minnesota, Hutchinson$232.0 thousand
88New Century Academy, Hutchinson$231.6 thousand
89Tri County Water Conditioning, Inc, Hutchinson$230.9 thousand
90The Church Of The Holy Trinity Of Winsted Minnesota, Winsted$229.5 thousand
91Haukos Brothers, Inc., Glencoe$227.9 thousand
92Sls, Inc., Glencoe$220.7 thousand
93Quade Electric Inc, Hutchinson$218.8 thousand
94Five Star Office Installations Inc, Lester Prairie$217.4 thousand
95Guardian In Home Health & Security LLC, Glencoe$215.4 thousand
96Quade Electric Inc., Hutchinson$213.8 thousand
97E2 Electrical Services Inc., Hutchinson$213.5 thousand
97E2 Electrical Services, Inc., Hutchinson$213.5 thousand
99Woodland Dairy, Inc., Plato$212.7 thousand
100Stamp-N-Storage, Inc., Hutchinson$211.9 thousand

How the list is drawn

  • 100 of the 1,620 borrowers ranked in McLeod 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 McLeod 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