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PPP loans in Olmsted County, Minnesota

Each amount is what the Small Business Administration approved, as SBA published it, and says nothing more about the borrower. SBA guaranteed 5,252 Paycheck Protection Program loans for businesses it recorded in Olmsted County, $355.8 million in all.

Olmsted County, as of September 30, 2024

$355.8 million
Approved
$355,797,828
2.1% of the $16.6 billion approved in Minnesota.
5,252
Loans
3,959 first draws and 1,293 second draws.
96.6%
Forgiven
5,075 of 5,252 loans carry a forgiveness amount, $346.1 million in all.
2.6%
Charged off
137 of 5,252 loans, approved for $2.6 million. That is the loans' size, not what SBA lost.

The largest borrowers in Olmsted County · 2020–21

1 more column on a wider screen

The largest borrowers in Olmsted County, 2020–21
RankNameUSD
1Crenlo Cab Products, LLC, Rochester$7.9 million
2Nuss Truck Group Inc., Rochester$5.2 million
3Kah 20 2Nd Avenue LLC, Rochester$5.0 million
4Alvin E Benike Inc, Rochester$4.6 million
5Halcon Corp, Stewartville$3.8 million
6Reichel Foods, Inc., Rochester$3.4 million
7Samaritan Bethany Inc, Rochester$2.3 million
8Superior Companies Of Minnesota Inc, Rochester$2.3 million
9New Rochester Meat Company, Rochester$2.2 million
10Zumbro Valley Health Center, Rochester$2.2 million
11Rochester Motor Company, Rochester$2.2 million
12Knutson Construction Services Rochester, Inc, Rochester$2.0 million
13Avra Hospitality LLC, Rochester$2.0 million
14Palmer Soderberg Inc., Rochester$2.0 million
15Palmer Soderberg, Inc., Rochester$2.0 million
16Rochester Plumbing & Heating Co. Inc., Rochester$1.8 million
17Lawrence Transportation Company, Rochester$1.8 million
18Adair Electric Company, Rochester$1.7 million
19Virgils LLC, Rochester$1.7 million
20Avra Hospitality, LLC, Rochester$1.7 million
21Rochester Catholic Schools, Rochester$1.6 million
22Rochester Plumbing & Heating Co. Inc., Rochester$1.6 million
23Ability Building Center Inc., Rochester$1.6 million
23Ability Building Center, Inc., Rochester$1.6 million
25Voca, LLC, Rochester$1.5 million
26Sorensen & Sorensen Painting And Decorating, Rochester$1.5 million
27Gauthier Industries Inc, Rochester$1.5 million
28Pharmaceutical Specialties Inc, Rochester$1.4 million
29Gls Industries, Inc., Rochester$1.4 million
30Paramark Corp, Rochester$1.4 million
31Adair Electric Company, Rochester$1.3 million
32Kadlec Motors Inc., Rochester$1.3 million
33B And C Plumbing And Heating Inc., Eyota$1.3 million
34Child Care Resource & Referral, Inc., Rochester$1.3 million
35Breland Enterprises Inc, Rochester$1.2 million
36Briese Iron Works Inc, Rochester$1.2 million
37Family Service Rochester, Inc., Rochester$1.2 million
38Jlc Foods Corporation Inc, Rochester$1.1 million
39The Homestead At Rochester Inc., Rochester$1.1 million
40Briese Iron Works Inc, Rochester$1.1 million
41Rochester Motor Car South, Inc., Rochester$1.1 million
42Metafile Information Systems, Inc., Rochester$1.1 million
43Adamson Motors Inc, Rochester$1.1 million
44Schott Distributing Company, Inc., Rochester$1.1 million
45Midwest Specialized Transportation, Inc., Rochester$1.1 million
46All-American Co-Op., Stewartville$1.1 million
47Pace Electronics Inc, Rochester$1.1 million
48Ready Mix Concrete Company, LLC, Rochester$1.1 million
49Custom Communications Inc, Rochester$1.1 million
50New Line Mechanical Inc, Byron$1.1 million
51Fraser Construction Company, Rochester$1.0 million
52Seasons Hospice, Rochester$1.0 million
53Yhrka Motors LLC, Rochester$1.0 million
54Tonna Mechanical, Inc., Rochester$1.0 million
55Elcor Construction Inc, Rochester$1.0 million
56Hybrid Mechanical LLC, Rochester$971.0 thousand
56Hybrid Mechanical LLC, Eyota$971.0 thousand
58Smart Choice Health Care Corporation, Rochester$930.5 thousand
59Rochester Athletic Club Inc, Rochester$926.6 thousand
59Rochester Athletic Club Inc., Rochester$926.6 thousand
61Bear Creek Services, Inc., Rochester$906.1 thousand
62New Line Mechanical Inc., Byron$897.0 thousand
63Elcor Construction Inc, Rochester$848.3 thousand
64Dunlap & Seeger P.A., Rochester$843.0 thousand
65International Quality Homecare, Rochester$842.0 thousand
66Dunlap & Seeger P.A., Rochester$838.3 thousand
67Merit Contracting Inc., Rochester$823.9 thousand
68Jlc Foods Corporation, Inc, Rochester$819.5 thousand
69Fraser Construction Company, Rochester$818.0 thousand
70International Quality Pca Services, LLC, Rochester$783.9 thousand
71Possabilities Of Southern Minnesota, Rochester$783.4 thousand
71Possabilities Of Southern Mn, Inc., Rochester$783.4 thousand
73Northwest Dental Group, Rochester$782.9 thousand
74Haley Comfort Systems, Inc, Rochester$777.2 thousand
75Haley Comfort Systems, Inc, Rochester$777.2 thousand
76Chester's Kitchen & Bar Inc., Rochester$765.6 thousand
77Arnold's Supply & Kleenit Co., Rochester$764.3 thousand
78Rochester Math & Science Academy, Rochester$762.8 thousand
79Heartman Agency, Inc., Rochester$746.2 thousand
80Bowman Tool & Machining Inc, Rochester$737.1 thousand
81K&S Heating Airconditioning & Plumbing Inc., Rochester$732.3 thousand
82Aafiya Home Care LLC, Rochester$731.1 thousand
83Stoneridge Management Company, Rochester$720.4 thousand
84Whistle Binkies On The Lake, Rochester$716.4 thousand
85Global Home Health Care, Inc., Rochester$712.5 thousand
86Northwest Dental Group, Rochester$696.8 thousand
87K.A.S. Investment Co., Inc., Rochester$695.1 thousand
88Nsh Rochester East LLC, Rochester$686.3 thousand
89Rochester Motors, LLC, Rochester$671.7 thousand
90Rochester City Lines, Co, Rochester$669.7 thousand
90Rochester City Lines, Co., Rochester$669.7 thousand
92Decook Excavating, Inc., Byron$664.3 thousand
93Kronebusch Industries, LLC, Rochester$661.6 thousand
94Subaru Of Rochester Inc, Rochester$658.9 thousand
95Sargents Landscape Nursery Inc, Rochester$656.5 thousand
96Five West LLC, Rochester$653.3 thousand
97Nissen, Inc., Byron$621.7 thousand
98Accord Electric, Inc., Rochester$616.4 thousand
99Dave Syverson Truck Center, Rochester$604.8 thousand
100Hiawatha Homes Inc, Rochester$600.0 thousand

How the list is drawn

  • 100 of the 4,879 borrowers ranked in Olmsted 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 Olmsted 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