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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 $14,400. That is the loans' size, not what SBA lost.

The largest borrowers in Norman County · 2020–21

1 more column on a wider screen

The largest borrowers in Norman County, 2020–21
RankNameUSD
1Centrol Inc., Twin Valley$1.5 million
2Lutheran Homes, Halstad$576,100
3Sgf Inc, Gary$357,700
3Sgf, Inc, Gary$357,700
5R & J Broadcasting, Inc., Ada$288,145
6Norman County Implement, Inc., Ada$262,300
7Halstad Telephone Company, Halstad$250,000
8Kelly's Chrysler Center Inc, Ada$218,600
9Prairie Dental Centers, P.A., Ada$213,983
10Prairie Dental Centers P.A., Ada$211,370
11Cmgb Farms, Gary$136,401
12Lee Bros Sales Inc, Ada$128,900
13Nepco Inc, Hendrum$114,200
13Nepco, Inc, Hendrum$114,200
15Weave Got Maille LLC, Ada$106,800
15Weave Got Maille, LLC, Ada$106,800
17Mark & Rhoda Habedank Joint Venture, Twin Valley$106,400
18Bergeson Nursery, LLC, Fertile$105,200
19J & J Corporation, Gary$100,500
19J & J Corporation, Gary$100,500
21Airborne Custom Spraying, Inc, Halstad$94,542
22Mark Habedank, Twin Valley$84,636
23Valley Tissue Culture Inc., Halstad$81,600
23Valley Tissue Culture, Inc., Halstad$81,600
25Thom Construction Inc, Ada$81,200
26J&J Bitker, Halstad$78,800
27Jeffrey Borgen, Perley$77,414
28Harvey Christianson, Halstad$74,544
29Anderson Funeral Home Of Twin Valley Inc., Twin Valley$72,740
30Anderson Funeral Home Of Twin Valley, Inc., Twin Valley$72,700
31River's Edge Insurance Agency, Inc., Halstad$72,400
32Norman County Developmental Activities Center, Inc., Ada$68,720
33Norman County Developmental Activities Center, Ada$68,481
34Kevin Quick, Borup$67,941
35John And Lorraine Jossund Farms, Perley$65,500
36Todd Manthe, Twin Valley$61,622
37Twin Valley Assisted Living LLC, Twin Valley$61,545
38Fredrikson-Ganje Funeral Home, Inc, Ada$60,925
39Thom Construction Inc, Ada$60,699
40Brainard Brothers Partnership, Twin Valley$59,104
41Gerry's Foods Inc., Twin Valley$57,841
42Austin Broden Farms, Gary$57,239
43Brainard Bros. Partnership, Twin Valley$57,238
44Tufte Brothers Partnership, Ada$57,013
45Ada Building Center, Inc., Ada$56,217
46Perley Community Co-Op, Perley$56,200
47John Habedank, Twin Valley$55,660
48Visser Trenching Inc., Ada$55,642
49Stan's Hvac, Twin Valley$54,600
50Performance Ag Service Inc, Borup$53,800
51Matthew Sirjord, Gary$53,500
52Mark Maring, Hendrum$52,465
53Ramstad Brothers, Ada$52,325
54Ramstad Brothers, Ada$52,325
55Gk Technology Inc, Halstad$51,311
56Bennett Houglum Agency, Ada$51,303
57Curt Jacobson Inc., Ada$51,300
57Curt Jacobson, Inc., Ada$51,300
59Halle & Nelson, Inc., Ada$51,200
603 J's Farm Partnership, Ada$50,828
61Ada Electric Inc, Ada$50,000
62John And Lorraine Jossund Farms, Perley$49,360
63C. J. Lofgren Compancy, Ada$48,400
64Rodney K Olson, Halstad$48,100
65Bennett Houglum Agency, Ada$48,087
66Visser Trenching, Inc., Ada$47,700
673 J's Farm Partnership, Ada$47,479
68Robert Miller Jr., Twin Valley$47,420
69Ray Arneson, Halstad$47,370
70Schnabel Inc, Hendrum$46,551
71Rts Construction LLC, Twin Valley$46,414
72David Arends, Perley$46,357
73Todd Gilbertson, Shelly$45,800
74M & M Potucek, Inc., Ada$45,651
75Robbi Myers, Borup$45,213
76Schnabel Inc., Hendrum$44,883
77Hiway 9 Construction LLC, Ada$44,671
78Kappes-Leiran Agency Inc., Ada$44,112
79Kevin & Melanie Quick, Borup$42,844
80Charles Bitker, Ada$42,569
81David Kitchell, Ada$42,070
82Avery Sirjord, Gary$41,667
83Bruce Griewe, Gary$41,666
83Cecil Malme, Nielsville$41,666
83Danny Johnson, Twin Valley$41,666
83Hunter Krogstad, Fertile$41,666
83Joel Sather, Gary$41,666
83Michael Sather, Gary$41,666
83Peter Moen, Gary$41,666
83Randy Paulsrud, Halstad$41,666
83Ryan Stene, Shelly$41,666
83Steve Gullickson, Bejou$41,666
83Steve Krogstad, Fertile$41,666
83Timothy Tjon, Twin Valley$41,666
95Jacob Kroshus, Ada$41,665
96Garrett Christianson, Halstad$41,664
97John Kraft, Gary$41,660
98Scott Stevenson, Ada$41,632
99Adam Crompton, Borup$41,600
99Alan Pinske, Twin Valley$41,600
99Eugene Hanson, Gary$41,600
99Jeffrey Halland, Gary$41,600
99Kraig Thornton, Twin Valley$41,600
99Mark Christianson, Fertile$41,600
99Ryan Halland, Gary$41,600
99Thomas Chisholm, Gary$41,600

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.

Related

Sources

Compiled automatically from SBA Paycheck Protection Program (PPP) FOIA — loan-level data and Census Bureau county population estimates by a checked SQL query · Editor: Kian O'Connor · How this site is built

Data retrieved