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PPP loans in Monroe County, Iowa

Each amount is what the Small Business Administration approved, as SBA published it, and says nothing more about the borrower. SBA guaranteed 678 Paycheck Protection Program loans for businesses it recorded in Monroe County, $16.5 million in all.

Monroe County, as of September 30, 2024

$16.5 million
Approved
$16,498,555
0.2% of the $8.1 billion approved in Iowa.
678
Loans
534 first draws and 144 second draws.
99.3%
Forgiven
673 of 678 loans carry a forgiveness amount, $16.5 million in all.
0.4%
Charged off
3 of 678 loans, approved for $62.4 thousand. That is the loans' size, not what SBA lost.

The largest borrowers in Monroe County · 2020–21

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The largest borrowers in Monroe County, 2020–21
RankNameUSD
1Monroe County Hospital, Albia$2.0 million
2Superior Machine Inc., Albia$797.5 thousand
3Superior Machine, Inc., Albia$752.6 thousand
4Iowa Aluminum Inc, Albia$485.9 thousand
5Monroe Care Center, Inc., Albia$400.7 thousand
6Tom's Tree Service LLC, Albia$399.9 thousand
7Kness Mfg. Co, Inc, Albia$386.2 thousand
8Animal Health Center's, Inc, Albia$355.2 thousand
9Shinn Construction Inc, Albia$180.0 thousand
9Shinn Construction Inc., Albia$180.0 thousand
11Kool Feed Bag Inc, Albia$159.5 thousand
12Awol Outdoors, Inc., Albia$156.6 thousand
13Kool Feed Bag Inc., Albia$153.2 thousand
14Monroe County Professional Management, Albia$130.0 thousand
15Hometown Fabricating, LLC, Albia$129.5 thousand
15Hometown Fabricating, LLC, Albia$129.5 thousand
17Preferred Wholesale, Inc., Albia$129.0 thousand
18Albia Motor Co. Inc., Albia$123.5 thousand
19Southern Iowa Technologies, Inc, Albia$104.0 thousand
20Shinn Kellogg, LLC, Albia$97,900
21Boley Real Estate Albia, Inc., Albia$95,500
22Boley Real Estate Albia Inc, Albia$95,117
23Joseph L. Bates, DDS, Albia$88,200
24Joseph Bates, Albia$87,130
25Lathrop Farms, Albia$77,425
26Kma Steel, Albia$77,100
26Kma Steel LLC, Albia$77,100
28Mark Bachman, Albia$71,990
29Albia Newspapers Inc, Albia$68,000
30Tbc Insurance, Inc., Albia$61,700
31Wilson Trucking Inc., Moravia$60,088
32Kaster Fencing LLC, Moravia$59,535
33Albia Super Valu, Albia$58,200
34Mick Furniture And Appliance Inc, Albia$55,425
35Roger Kool LLC, Albia$55,355
36Lynda Kosman, Albia$53,837
37Christopher Curran, Albia$53,510
38Indian Hills Inn Inc, Albia$52,200
39M-W Livestock, Inc, Albia$50,000
40Rubel Roofing & Construction, Albia$49,200
41John G. Crall, Albia$47,810
42Thomas Teno, Moravia$46,936
43Adams A/B Co Inc, Albia$46,500
44Johnson Insurance Sales Corp, Albia$45,200
45Iowa Agribusiness Radio Network, Lovilia$44,490
46Larry Clark, Albia$44,200
47Reinmund & Company, Albia$42,500
48Larry Dehamer, Eddyville$41,666
49Benjamin Harris, Albia$41,666
49Connie Keller, Albia$41,666
49James D Yule, Albia$41,666
49Max Rupe, Eddyville$41,666
49Michael Ryan, Melrose$41,666
54Stephen Heffron, Melrose$41,666
55Alan Ammons, Albia$41,665
55William E. Wynn, Albia$41,665
57Timothy Findley, Lovilia$41,663
58Chad Lathrop, Albia$41,660
58Charles Hindman, Albia$41,660
58Cody Hindman, Albia$41,660
58Danny Starcevic, Albia$41,660
58David Poe, Albia$41,660
58Donald Conway, Melrose$41,660
58Jeff Lathen, Albia$41,660
58Jerry Findley, Lovilia$41,660
58Joseph Crall, Albia$41,660
58Larry McCarty, Albia$41,660
58Marc Wynn, Lovilia$41,660
58Michael Hindman, Albia$41,660
58Michael Lathrop, Albia$41,660
58Ronald Clark, Albia$41,660
58Ted Spurgin, Moravia$41,660
58Thomas Dykstra, Albia$41,660
58Timothy Judge, Melrose$41,660
75David Teno, Melrose$41,600
76Ragtime Industries, Albia$40,200
77Edward Gutcher, Albia$39,030
78William Walsh, Melrose$38,400
79Jeffery Liston, Lovilia$36,890
80Bogie's Steakhouse, Albia$36,025
81John A Mary K. & John Lawless Ptr Lawless Farms, Albia$35,600
82Dennis Claver, Lovilia$34,828
83Waveguide Communications, Inc., Albia$34,700
84Belzer Equipment, Inc, Albia$34,300
85Nu-Life Cabinets LLC, Blakesburg$33,012
86Steven Goodlow, Albia$32,965
87William Huber, Albia$32,940
88Marsha Eastlick, Albia$32,700
89John A Mary K & John Lawless Ptr Lawless Farms, Albia$32,100
90Nu-Life Cabinets LLC, Blakesburg$32,036
91Randolph Kellar, Albia$31,495
92Eric McCrea, Albia$31,330
93Christoper D. Curran, Albia$30,822
94Harris Ag Service LLC, Albia$30,693
95Herbold Cattle Company LLC, Albia$30,100
96Paul Ammons, Albia$29,438
97Norman Vote, Melrose$29,400
98Hawkey Farm Management & Real Estate Inc, Albia$29,302
99Harris Ag Service, LLC, Albia$28,100
100David Fynaardt, Eddyville$28,030

How the list is drawn

  • 100 of the 588 borrowers ranked in Monroe 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 Monroe 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