PPP loans in Montgomery County, Iowa

Name: Montgomery County, Iowa
Address: IA, US

Each amount is what the Small Business Administration approved, as SBA published it, and says nothing more about the borrower. SBA guaranteed 785 Paycheck Protection Program loans for businesses it recorded in Montgomery County, $27.9 million in all.

Montgomery County, as of September 30, 2024

$27.9 million
Approved: $27,902,721; 0.3% of the $8.1 billion approved in Iowa.; 785
Loans: 579 first draws and 206 second draws.; 99.4%
Forgiven: 780 of 785 loans carry a forgiveness amount, $28.0 million in all.; 0.5%
Charged off: 4 of 785 loans, approved for $42.6 thousand. That is the loans' size, not what SBA lost.

The largest borrowers in Montgomery County · 2020–21

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The largest borrowers in Montgomery County, 2020–21
Rank	Name	USD	Loans
1	Montgomery County Memorial Hospital, Red Oak	$5.0 million$5,031,782	1
2	United Farmers Cooperative, Red Oak	$3.0 million$3,036,200	1
3	Red Oak Greenhouses, Inc., Red Oak	$967.8 thousand$967,800	1
4	Red Oak Fabrication, Red Oak	$530.9 thousand$530,900	1
5	Kismet Rdk, LLC, Red Oak	$298.5 thousand$298,500	1
6	The Farmers Mutual Telephone Company Of Stanton, Iowa, Stanton	$295.0 thousand$295,000	1
7	O'Neal Electric Company, Red Oak	$253.3 thousand$253,295	2
8	1200 Senate Avenue LLC, Red Oak	$235.7 thousand$235,746	1
9	The Green Tree Company LLC, Red Oak	$198.7 thousand$198,700	1
9	The Green Tree Company, L.L.C., Red Oak	$198.7 thousand$198,700	1
11	Audiological Services Inc., Red Oak	$194.6 thousand$194,608	1
12	Audiological Services, Inc, Red Oak	$194.6 thousand$194,600	1
13	Precision Diesel, Inc., Red Oak	$186.2 thousand$186,200	1
14	Klyn Tire & Battery, Inc., Red Oak	$168.1 thousand$168,100	1
15	Hawkeye Ford Inc, Red Oak	$153.7 thousand$153,698	1
16	Centennial Properties, L.L.C., Red Oak	$147.6 thousand$147,558	1
17	1200 Senate Avenue L.L.C., Red Oak	$147.6 thousand$147,558	1
18	Gettler Concrete LLC, Stanton	$145.8 thousand$145,850	1
18	Gettler Concrete, LLC, Stanton	$145.8 thousand$145,850	1
20	Hawkeye Ford Inc, Red Oak	$139.8 thousand$139,758	1
21	Michael J. Portz, O.D., P.C., Red Oak	$134.1 thousand$134,123	2
22	Centennial Properties L.L.C., Red Oak	$132.9 thousand$132,936	1
23	Orme Outdoor LLC, Red Oak	$129.1 thousand$129,104	1
24	Red Oak Chrysler, Inc., Red Oak	$119.9 thousand$119,900	1
25	Lepe Garcia Corporation Inc, Red Oak	$114.3 thousand$114,300	2
26	Dental Care, P.C., Red Oak	$110.2 thousand$110,200	1
27	Arlington Place Of Red Oak Ii, Inc., Red Oak	$108.3 thousand$108,300	1
28	Healthy Turf Landscaping Inc., Red Oak	$108.2 thousand$108,165	1
29	Red Oak Pr Inc., Red Oak	$105.3 thousand$105,316	2
30	Healthy Turf Landscaping Inc., Red Oak	$105.0 thousand$104,980	1
31	Davis Insurance, Inc., Red Oak	$104.5 thousand$104,500	1
32	Younts Contracting LLP, Red Oak	$103.6 thousand$103,595	2
33	Bruce Supplies And Construction Inc., Red Oak	$99,800	1
34	Hawkeye Communications, Inc., Red Oak	$99,400	1
35	Dental Care P.C., Red Oak	$97,389	1
36	Sw Ia Tire & Service, LLC, Red Oak	$95,466	1
37	Allensworth Heating & Cooling, Inc, Red Oak	$90,300	1
38	Johnston Communications LLC, Villisca	$89,885	1
39	Johnston Communications L.L.C., Villisca	$89,800	1
40	Fountain Square Pharmacy Inc, Red Oak	$89,230	1
41	Jones Mechanical, Inc., Red Oak	$86,900	1
42	Carrick & Associates, LLP, Red Oak	$86,800	1
43	Swanson Law Firm, Red Oak	$85,310	1
43	Swanson Law Firm, Red Oak	$85,310	1
45	David Hart, Stanton	$84,573	1
46	Agrismart Information Systems, LLC, Red Oak	$83,300	1
47	Nodaway Valley Equipment, Villisca	$82,700	1
48	The Red Oak Country Club, Red Oak	$81,287	2
49	Jonathan Koehn, Red Oak	$79,337	1
50	Red Oak Glass & Awning, Red Oak	$78,700	1
51	Southwest Foot & Ankle Clinic LLC, Red Oak	$77,967	1
52	Rainbow Cafe LLC, Red Oak	$76,738	2
53	Montgomery County Child Development Association Inc., Red Oak	$76,392	1
54	Empire Construction And Trenching, Inc., Red Oak	$74,900	1
55	Mark Allen Ranney, Red Oak	$74,000	1
55	Rengstorf Carpentry Inc., Red Oak	$74,000	1
57	Orme Outdoor, L.L.C., Red Oak	$72,068	1
58	Hilltop Autobody, L.L.C., Stanton	$71,700	1
59	Growth Unlimited Corporation, Red Oak	$70,300	1
60	Obrien Equipment Service Inc, Red Oak	$68,933	1
61	Rengstorf Carpentry, Inc., Red Oak	$68,600	1
62	Montgomery County Family Young Mens Christian Association, Red Oak	$68,243	1
63	Hilltop Auto Body LLC, Stanton	$66,498	1
64	Batten Sanitation Service, Inc., Red Oak	$65,929	1
65	Terry J. Gillespie DDS, Red Oak	$65,095	1
66	Aaa Refrigeration, LLC, Red Oak	$65,000	1
66	Terry J. Gillespie, DDS, Red Oak	$65,000	1
68	Heartland Foam Insealators, L.L.C., Red Oak	$62,800	1
69	Montgomery County Family Young Men's Christian Association,, Red Oak	$62,210	1
70	Miller Financial Group, Inc., Red Oak	$61,100	1
71	Grand Contracting LLC, Red Oak	$60,768	2
72	Heartland Quest, Red Oak	$58,500	1
73	C & J Ag Supply, Inc., Elliott	$57,400	1
74	Billings & Mensen, Red Oak	$54,700	1
75	Michael J. Echternach, Red Oak	$54,571	1
76	Rogers Plumbing & Heating Corp., Red Oak	$54,378	1
77	Rogers Plumbing & Heating Corporation, Red Oak	$54,300	1
78	Audiological Services & Instruments, Inc, Red Oak	$54,000	1
79	Stanton Child Resource Center, Inc., Stanton	$53,700	1
80	Red Oak Mini Barns LLC, Red Oak	$51,777	1
81	R.K. Belt & Sons, Inc., Red Oak	$50,600	1
82	Faith Community Church, Red Oak	$47,300	1
83	Echternach Construction, Red Oak	$43,900	1
84	Prescription Manufacturing LLC, Red Oak	$43,540	1
85	James Laughlin, Red Oak	$42,516	2
86	Kennedy & La France LLC, Red Oak	$42,395	1
87	Beeson Farms LLC, Red Oak	$41,667	2
87	Brent Bailey, Red Oak	$41,667	2
87	Brett A. Querry, Red Oak	$41,667	2
87	Brian Coughlin, Elliott	$41,667	2
87	Bruce Coughlin, Elliott	$41,667	2
87	Christopher Taylor, Villisca	$41,667	2
87	Clarence Aughe Jr., Villisca	$41,667	2
87	Dane Belt, Red Oak	$41,667	2
87	Duane A. Bergren Jr., Elliott	$41,667	2
87	Glq Farms Inc., Red Oak	$41,667	2
87	Jeremy Klepinger, Emerson	$41,667	2
87	Jody Hossle, Emerson	$41,667	2
87	John Mueller, Elliott	$41,667	2
87	Kevin Britten, Red Oak	$41,667	2
87	Kevin D. Kennon, Stanton	$41,667	2
87	Knute A. Hallquist, Stanton	$41,667	2
87	Raymond C. Winther, Villisca	$41,667	2
87	Ronald D. Gerlt, Emerson	$41,667	2
87	Steven W. Bergren, Stanton	$41,667	2

How the list is drawn

105 of the 661 borrowers ranked in Montgomery 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 19 borrowers.
A borrower is ranked here when SBA recorded its first loan in Montgomery 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

SBA Paycheck Protection Program (PPP) FOIA — loan-level data — U.S. Small Business Administration · Public domain — U.S. Government work · retrieved September 25, 2026
Census Bureau county population estimates — U.S. Census Bureau · U.S. Government work · retrieved September 23, 2026

Data retrieved September 23, 2026

Montgomery County, as of September 30, 2024

The largest borrowers in Montgomery County · 2020–21

How the list is drawn

Related

Sources