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PPP loans in Nicollet County, Minnesota

Each amount is what the Small Business Administration approved, as SBA published it, and says nothing more about the borrower. SBA guaranteed 1,648 Paycheck Protection Program loans for businesses it recorded in Nicollet County, $74.6 million in all.

Nicollet County, as of September 30, 2024

$74.6 million
Approved
$74,595,619
0.4% of the $16.6 billion approved in Minnesota.
1,648
Loans
1,208 first draws and 440 second draws.
98.8%
Forgiven
1,628 of 1,648 loans carry a forgiveness amount, $74.5 million in all.
1.0%
Charged off
16 of 1,648 loans, approved for $468.9 thousand. That is the loans' size, not what SBA lost.

The largest borrowers in Nicollet County · 2020–21

1 more column on a wider screen

The largest borrowers in Nicollet County, 2020–21
RankNameUSD
1Lw Management Inc, Mankato$3.5 million
2Coughlan Companies, LLC, North Mankato$3.3 million
3Fun.Com Inc, North Mankato$2.3 million
4Blk Electric Inc, North Mankato$1.8 million
5St. Peter Community Hospital, Saint Peter$1.6 million
6Jarraff Industries Inc, Saint Peter$1.2 million
7Abdo Publishing Company, Inc., North Mankato$903.7 thousand
8Itasca Waste Services, Inc., Mankato$860.2 thousand
9Hewitt Machine & Mfg. Inc., Nicollet$752.4 thousand
10Blue Star Power Systems, Inc., North Mankato$739.2 thousand
11North Central International Inc., North Mankato$737.2 thousand
12Myles Lorentz, Inc., Saint Peter$710.3 thousand
13North Central International, Inc., Mankato$666.7 thousand
14Arrow Hardware, Inc., Saint Peter$644.5 thousand
15C&N Entertainment LLC, North Mankato$625.4 thousand
16Leo A. Hoffmann Center, Inc., Saint Peter$625.0 thousand
17Swine Vet Center Pa, Saint Peter$604.9 thousand
18Swine Vet Center P.A., Saint Peter$581.3 thousand
19Kaye Corportation, North Mankato$574.4 thousand
20Palmer Bus Service Of Shakopee, Inc., North Mankato$558.2 thousand
21Counseling Services Of Southern Minnesota, Inc., Saint Peter$552.2 thousand
22Oak Terrace Assisted Living Of North Mankato, LLC, Mankato$551.4 thousand
23Lloyd Lumber Co, North Mankato$526.5 thousand
24Creative Fulfillment Services, Inc., North Mankato$507.7 thousand
25Creative Fulfillment Services, North Mankato$498.1 thousand
263Rd Street Tavern LLC, Saint Peter$479.0 thousand
27South Central Service Cooperative, North Mankato$470.5 thousand
28Shiloh's Hope, Inc., Saint Peter$449.5 thousand
29D & K Powder Coating, LLC, North Mankato$403.1 thousand
30Schmidt's Meat Market Inc, Nicollet$386.7 thousand
31Commerce Drive Dental Group Pllp, North Mankato$374.6 thousand
31Commerce Drive Dental Group Pllp, Mankato$374.6 thousand
33Courtland Waste Handling, Inc, Courtland$369.8 thousand
34Nextgen Rf Design Inc, North Mankato$362.4 thousand
35Sub Line Corporation, North Mankato$342.0 thousand
36Vanyo, Inc., North Mankato$336.8 thousand
37Veterinary Pharmacy Corporation, Saint Peter$322.0 thousand
38Chippewa Packaging, Saint Peter$321.4 thousand
39Amanicare Services, Inc, North Mankato$321.2 thousand
40The Minnesota Valley Lutheran High School Association, New Ulm$317.1 thousand
41Brunton Architects Ltd, North Mankato$302.1 thousand
42Pheasants Ridge LLC, Saint Peter$285.6 thousand
43St. Peter Food Cooperative, Saint Peter$285.5 thousand
44St. Peter Family Dental Center Pa, Saint Peter$271.2 thousand
44St. Peter Family Dental Center, P.A., Saint Peter$271.2 thousand
46Palmer Bus Service Of Mankato, Inc., North Mankato$264.8 thousand
47Ldr Home Care LLC, Courtland$262.9 thousand
48Big Dog Restaurants, Inc, North Mankato$254.3 thousand
49Computer Technology Solutions, Inc., North Mankato$243.9 thousand
50Alpha Wireless Communications Co., North Mankato$242.1 thousand
51Spring Touch Lawn And Pest Control, Saint Peter$238.1 thousand
52Brunton Architects, Ltd, North Mankato$227.1 thousand
53Reyam Inc, Saint Peter$226.5 thousand
54Palmer Bus Service Of Princeton, Inc., North Mankato$226.0 thousand
55Gish Electric LLC, Saint Peter$217.3 thousand
56Pork Storks Midwest Semen Center Inc, Saint Peter$214.8 thousand
57Palmer Bus Service Of Minnewaska, Inc., North Mankato$211.8 thousand
58S & S Motors, Inc., Courtland$209.8 thousand
59Compart's Management Services, Inc., Nicollet$207.6 thousand
60Gregory Thoen, North Mankato$205.9 thousand
61Cottages Greater Mankato Operations, LLC, North Mankato$203.6 thousand
62North Central Utility Of Minnesota LLC, North Mankato$201.0 thousand
63Dealers Choice Auto Brokers LLC, St Peter$200.4 thousand
64C & J Waste Handling, LLC, Lafayette$200.2 thousand
65Dino's Gourmet Pizza LLC, North Mankato$195.7 thousand
66N & A Dairy LLC, Nicollet$195.6 thousand
67Nakato Bar & Grill Inc, North Mankato$194.9 thousand
68C & J Waste Handling, LLC, Lafayette$190.4 thousand
69America Midwest Transportation Inc, Courtland$188.2 thousand
70Palmer Bus Service Of Montgomery-Lonsdale, Inc., North Mankato$186.2 thousand
71Jg Bailey Media, North Mankato$173.6 thousand
72Kcv I, LLC, North Mankato$170.8 thousand
73St Paul's Evangelical Lutheran Church (Wels), Mankato$167.6 thousand
74Ground Zero Services LLC, Courtland$165.5 thousand
75Mankato Brewery LLC, North Mankato$162.2 thousand
76Reyam Inc., Saint Peter$161.8 thousand
76Riverside Dental Care LLC, Saint Peter$161.8 thousand
76Riverside Dental Care, LLC, Saint Peter$161.8 thousand
79Courtland Dairy, Courtland$159.9 thousand
80Starr Cycle Yamaha Inc, North Mankato$159.3 thousand
81Rickway, Inc, Mankato$159.2 thousand
82Ngsw Partnership, LLC, North Mankato$156.2 thousand
83Nicollet Veterinary Clinic Pa, Nicollet$155.8 thousand
84Morin Enterprises. Inc., North Mankato$153.6 thousand
85Palmer Bus Financial Management, Inc., North Mankato$148.8 thousand
86Prestige Concrete & Masonry LLC, North Mankato$148.2 thousand
87Schaefer Well Co., New Ulm$147.9 thousand
88New Creation World Outreach Church, Inc., North Mankato$147.3 thousand
88New Creation World Outreach Church, Inc., North Mankato$147.3 thousand
90Schaefer Well Co., Inc., New Ulm$144.5 thousand
91Dinos Gourmet Pizza LLC, North Mankato$141.0 thousand
91Kitchenmaster, Klooster & Begalka, Cpas, North Mankato$141.0 thousand
93Nakato Bar & Grill, Inc., Mankato$139.2 thousand
94El Agave Of Mn, LLC, Saint Peter$137.0 thousand
95Crossview Covenant Church, North Mankato$135.0 thousand
96Land To Home Developement, Inc, Nicollet$131.1 thousand
97Drummer Enterprises, Inc, North Mankato$130.7 thousand
98Frey Salon & Spa, LLC., Saint Peter$126.0 thousand
99J&C Custom Tooling LLC, Saint Peter$123.7 thousand
100Larkstur Engineering & Supply Inc, North Mankato$122.7 thousand

How the list is drawn

  • 100 of the 1,428 borrowers ranked in Nicollet 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 Nicollet 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