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PPP loans in Murray County, Minnesota

Each amount is what the Small Business Administration approved, as SBA published it, and says nothing more about the borrower. SBA guaranteed 1,324 Paycheck Protection Program loans for businesses it recorded in Murray County, $33.2 million in all.

Murray County, as of September 30, 2024

$33.2 million
Approved
$33,242,143
0.2% of the $16.6 billion approved in Minnesota.
1,324
Loans
922 first draws and 402 second draws.
99.7%
Forgiven
1,320 of 1,324 loans carry a forgiveness amount, $33.4 million in all.
0.2%
Charged off
2 of 1,324 loans, approved for $25.8 thousand. That is the loans' size, not what SBA lost.

The largest borrowers in Murray County · 2020–21

1 more column on a wider screen

The largest borrowers in Murray County, 2020–21
RankNameUSD
1Chandler Coop, Chandler$1.4 million
2County Of Murray, Minnesota, Slayton$1.3 million
3Chandler Feed Company, Chandler$876.2 thousand
4New Dawn, Incorporated, Fulda$602.0 thousand
5Maple Lawn Nursing Home Inc, Fulda$580.1 thousand
6Schmitz Grain Inc., Slayton$566.6 thousand
7Southwest Minnesota Housing Partnership, Slayton$377.8 thousand
8New Life Treatment Center, Woodstock$322.0 thousand
9Page One Printers, Ine, Slayton$306.1 thousand
10Russ Legler, Inc, Woodstock$258.4 thousand
11Hospice Of Murray County, Slayton$245.9 thousand
12Prahm Construction, Inc., Slayton$237.1 thousand
13Sk & D Construction LLC, Woodstock$209.1 thousand
14Shetek Lutheran Ministries, Slayton$177.4 thousand
15Fmg Inc, Slayton$168.0 thousand
16Shetek Dental Care Pa, Slayton$167.9 thousand
17Independent Ag, Slayton$165.6 thousand
17Independent Ag, Slayton$165.6 thousand
19Schuur Concrete, LLC, Chandler$163.1 thousand
20Shetek Dental Care, P.A, Slayton$158.9 thousand
21Hadley Steel Inc, Hadley$149.8 thousand
21Hadley Steel, Inc., Hadley$149.8 thousand
23Slayton Foods, Inc, Slayton$133.0 thousand
24Schuur Concrete LLC, Chandler$129.0 thousand
25R.A. Muecke Sand & Gravel, Inc., Slayton$127.6 thousand
26Sweetman Sand And Gravel, Inc, Currie$120.8 thousand
27Southwest Minnesota Orthopedics And Sports Medicine, Inc, Slayton$120.7 thousand
28Southwest Mn Orthopedics &, Slayton$111.7 thousand
29Mid-West Supply Of Slayton, Incorporated, Slayton$102.5 thousand
30Covenant Farms LLP, Fulda$100.3 thousand
31Ss Electric Inc, Avoca$100.0 thousand
31Ss Electric Inc., Avoca$100.0 thousand
33Minn-Kota Construction Inc., Dundee$98,690
34Hadley Farmers Elevator, Hadley$98,035
35Carl John Schreier, Currie$95,540
36Nepp Sales And Service, Inc., Slayton$94,052
37Gass Trenching, Inc., Fulda$92,098
38Kremer Farms, Iona$90,695
39Hadley Farmers Elevator Company, Hadley$88,000
40Ludolph Brothers Inc, Slayton$87,647
41Investors Choice Financial Services, LLC, Slayton$87,143
42Ludolph Brothers Inc., Slayton$86,000
43D E S Water Conditioning Of Mu, Slayton$84,300
44Moger Farms LLC, Dundee$83,330
45Vip Floral Inc., Slayton$82,778
46Farmers Agency Of Avoca Inc, Avoca$82,610
47T&J Trucking Of Balaton LLC, Balaton$82,572
48T & J Trucking Of Balaton LLC, Balaton$81,750
49David A Swenson Construction LLC, Slayton$81,532
50Johnson Ditching Inc., Lake Wilson$80,800
51Farmers Insurance Agency Of Avoca, Inc, Avoca$79,000
52Lyle Noomen, Currie$78,969
53Kremer Farms Partnership, Iona$78,750
54Slayton Building Materials, Inc., Slayton$76,600
55The Grain Exchange Inc., Slayton$75,576
56Vip Flower, Inc, Slayton$75,500
57Concepts In Concrete Inc., Lake Wilson$75,155
58Jon Erickson, Balaton$73,775
59Sltn Pharmacy Services, Ltd., Slayton$72,500
60Bar D Holstein, Slayton$71,877
61Buffalo Ridge Construction, Inc., Lake Wilson$71,700
62Van Dyke Bros., Inc., Chandler$71,200
63Concepts In Concrete, Inc., Lake Wilson$70,500
64Slayton Plumbing & Heating Inc., Slayton$66,980
65Witzel Bus Service Inc., Fulda$65,092
66Blue Hilltop Inc, Lake Wilson$65,000
67Spartz & Sons Well Co, Iona$64,850
67Spartz & Sons Well Co., Iona$64,850
69Key Largo On Shetek, LLC, Slayton$64,100
70Murray County Dac Inc., Slayton$63,733
71Dayton Westra, Fulda$63,732
72Slayton Plumbing & Heating, Inc., Slayton$63,200
73Fulda Free Press, Fulda$62,900
74Ace Of Southwest Minnesota, Slayton$61,600
74Murray County Developmental Achievement Center, Slayton$61,600
76T & R Construction And Cabinet Shop, LLC, Chandler$59,779
77Totzke Funeral Home Inc., Slayton$59,088
78Beeck's Gravel & Excavating Inc., Fulda$59,007
79Grain Exchange, Inc., Slayton$58,700
80Blue Hilltop Inc., Lake Wilson$57,310
81Bremik Materials, Inc., Slayton$56,700
82Joyce Bloemendaal, Slayton$56,277
82Shetek Marine, Slayton$56,277
84Gerald Johnson, Fulda$55,337
85Lakeside Hideaway Inc, Currie$54,733
86Beeck's Gravel & Excavating, Inc., Fulda$54,000
87L.A. Smith & Company Inc, Slayton$53,770
88Ec Electric Inc., Lake Wilson$53,700
89L.A Smith & Company, Inc. Avoca Spray Service, Slayton$53,602
90Hub City Development Corp, Slayton$53,300
91Rowdy's Radiator, Slayton$53,100
92Spartz Plumbing & Heating Inc., Slayton$52,774
93Paul M. Malone, Slayton$52,000
94Paul Malone, Slayton$51,510
95Mears Electric Inc., Slayton$51,300
96Evers Trucking LLC, Fulda$50,900
97Daniel Schmitz, Currie$50,758
98Rl Slayton Pizza Ranch Inc., Slayton$50,694
99Joel Erickson, Balaton$48,811
100Totzke Funeral Home, Slayton$47,400

How the list is drawn

  • 100 of the 1,124 borrowers ranked in Murray 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 Murray 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