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PPP loans in Norman County, Minnesota

Each amount is what the Small Business Administration approved, as SBA published it, and says nothing more about the borrower. SBA guaranteed 656 Paycheck Protection Program loans for businesses it recorded in Norman County, $18.2 million in all.

Norman County, as of September 30, 2024

$18.2 million
Approved
$18,210,993
0.1% of the $16.6 billion approved in Minnesota.
656
Loans
488 first draws and 168 second draws.
99.1%
Forgiven
650 of 656 loans carry a forgiveness amount, $17.9 million in all.
0.2%
Charged off
1 of 656 loans, approved for $14.4 thousand. That is the loans' size, not what SBA lost.

The largest borrowers in Norman County · 2020–21

The largest borrowers in Norman County, 2020–21
RankNameUSDLoans
1Centrol Inc., Twin Valley$1.5 million1
2Lutheran Homes, Halstad$576.1 thousand1
3Sgf Inc, Gary$357.7 thousand1
3Sgf, Inc, Gary$357.7 thousand1
5R & J Broadcasting, Inc., Ada$288.1 thousand1
6Norman County Implement, Inc., Ada$262.3 thousand1
7Halstad Telephone Company, Halstad$250.0 thousand1
8Kelly's Chrysler Center Inc, Ada$218.6 thousand1
9Prairie Dental Centers, P.A., Ada$214.0 thousand1
10Prairie Dental Centers P.A., Ada$211.4 thousand1
11Cmgb Farms, Gary$136.4 thousand2
12Lee Bros Sales Inc, Ada$128.9 thousand1
13Nepco Inc, Hendrum$114.2 thousand1
13Nepco, Inc, Hendrum$114.2 thousand1
15Weave Got Maille LLC, Ada$106.8 thousand1
15Weave Got Maille, LLC, Ada$106.8 thousand1
17Mark & Rhoda Habedank Joint Venture, Twin Valley$106.4 thousand1
18Bergeson Nursery, LLC, Fertile$105.2 thousand1
19J & J Corporation, Gary$100.5 thousand1
19J & J Corporation, Gary$100.5 thousand1
21Airborne Custom Spraying, Inc, Halstad$94,5422
22Mark Habedank, Twin Valley$84,6361
23Valley Tissue Culture Inc., Halstad$81,6001
23Valley Tissue Culture, Inc., Halstad$81,6001
25Thom Construction Inc, Ada$81,2001
26J&J Bitker, Halstad$78,8001
27Jeffrey Borgen, Perley$77,4142
28Harvey Christianson, Halstad$74,5442
29Anderson Funeral Home Of Twin Valley Inc., Twin Valley$72,7401
30Anderson Funeral Home Of Twin Valley, Inc., Twin Valley$72,7001
31River's Edge Insurance Agency, Inc., Halstad$72,4001
32Norman County Developmental Activities Center, Inc., Ada$68,7201
33Norman County Developmental Activities Center, Ada$68,4811
34Kevin Quick, Borup$67,9411
35John And Lorraine Jossund Farms, Perley$65,5001
36Todd Manthe, Twin Valley$61,6222
37Twin Valley Assisted Living LLC, Twin Valley$61,5451
38Fredrikson-Ganje Funeral Home, Inc, Ada$60,9251
39Thom Construction Inc, Ada$60,6991
40Brainard Brothers Partnership, Twin Valley$59,1041
41Gerry's Foods Inc., Twin Valley$57,8411
42Austin Broden Farms, Gary$57,2391
43Brainard Bros. Partnership, Twin Valley$57,2381
44Tufte Brothers Partnership, Ada$57,0131
45Ada Building Center, Inc., Ada$56,2171
46Perley Community Co-Op, Perley$56,2001
47John Habedank, Twin Valley$55,6602
48Visser Trenching Inc., Ada$55,6421
49Stan's Hvac, Twin Valley$54,6001
50Performance Ag Service Inc, Borup$53,8001
51Matthew Sirjord, Gary$53,5002
52Mark Maring, Hendrum$52,4652
53Ramstad Brothers, Ada$52,3251
54Ramstad Brothers, Ada$52,3251
55Gk Technology Inc, Halstad$51,3111
56Bennett Houglum Agency, Ada$51,3031
57Curt Jacobson Inc., Ada$51,3001
57Curt Jacobson, Inc., Ada$51,3001
59Halle & Nelson, Inc., Ada$51,2001
603 J's Farm Partnership, Ada$50,8281
61Ada Electric Inc, Ada$50,0001
62John And Lorraine Jossund Farms, Perley$49,3601
63C. J. Lofgren Compancy, Ada$48,4001
64Rodney K Olson, Halstad$48,1001
65Bennett Houglum Agency, Ada$48,0871
66Visser Trenching, Inc., Ada$47,7001
673 J's Farm Partnership, Ada$47,4791
68Robert Miller Jr., Twin Valley$47,4202
69Ray Arneson, Halstad$47,3701
70Schnabel Inc, Hendrum$46,5511
71Rts Construction LLC, Twin Valley$46,4142
72David Arends, Perley$46,3571
73Todd Gilbertson, Shelly$45,8002
74M & M Potucek, Inc., Ada$45,6511
75Robbi Myers, Borup$45,2132
76Schnabel Inc., Hendrum$44,8831
77Hiway 9 Construction LLC, Ada$44,6711
78Kappes-Leiran Agency Inc., Ada$44,1121
79Kevin & Melanie Quick, Borup$42,8441
80Charles Bitker, Ada$42,5692
81David Kitchell, Ada$42,0702
82Avery Sirjord, Gary$41,6672
83Bruce Griewe, Gary$41,6662
83Cecil Malme, Nielsville$41,6662
83Danny Johnson, Twin Valley$41,6662
83Hunter Krogstad, Fertile$41,6662
83Joel Sather, Gary$41,6662
83Michael Sather, Gary$41,6662
83Peter Moen, Gary$41,6662
83Randy Paulsrud, Halstad$41,6662
83Ryan Stene, Shelly$41,6662
83Steve Gullickson, Bejou$41,6662
83Steve Krogstad, Fertile$41,6662
83Timothy Tjon, Twin Valley$41,6662
95Jacob Kroshus, Ada$41,6652
96Garrett Christianson, Halstad$41,6642
97John Kraft, Gary$41,6602
98Scott Stevenson, Ada$41,6322
99Adam Crompton, Borup$41,6002
99Alan Pinske, Twin Valley$41,6002
99Eugene Hanson, Gary$41,6002
99Jeffrey Halland, Gary$41,6002
99Kraig Thornton, Twin Valley$41,6002
99Mark Christianson, Fertile$41,6002
99Ryan Halland, Gary$41,6002
99Thomas Chisholm, Gary$41,6002

How the list is drawn

  • 106 of the 589 borrowers ranked in Norman 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 8 borrowers.
  • A borrower is ranked here when SBA recorded its first loan in Norman 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