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PPP loans in Otter Tail County, Minnesota

Each amount is what the Small Business Administration approved, as SBA published it, and says nothing more about the borrower. SBA guaranteed 3,439 Paycheck Protection Program loans for businesses it recorded in Otter Tail County, $144.7 million in all.

Otter Tail County, as of September 30, 2024

$144.7 million
Approved
$144,655,476
0.9% of the $16.6 billion approved in Minnesota.
3,439
Loans
2,810 first draws and 629 second draws.
99.2%
Forgiven
3,411 of 3,439 loans carry a forgiveness amount, $144.7 million in all.
0.5%
Charged off
18 of 3,439 loans, approved for $299.9 thousand. That is the loans' size, not what SBA lost.

The largest borrowers in Otter Tail County · 2020–21

1 more column on a wider screen

The largest borrowers in Otter Tail County, 2020–21
RankNameUSD
1Arvig Enterprises, Inc., Perham$7.0 million
2Excel Plastics LLC, Fergus Falls$3.1 million
3Lake Region Medical Group P.A., Fergus Falls$2.4 million
4Lakeland Mental Health Center, Fergus Falls$2.3 million
5Carrs Tree Service, Inc, Ottertail$2.3 million
6Productive Alternatives Inc., Fergus Falls$2.0 million
7Pioneer Home Inc, Fergus Falls$1.9 million
8Productive Alternatives Inc, Fergus Falls$1.8 million
9Lake Region Electric Cooperative, Pelican Rapids$1.6 million
10Shoremaster, LLC, Fergus Falls$1.5 million
11Quality Circuits Inc, Fergus Falls$1.3 million
12Mark Sand & Gravel Co., Fergus Falls$1.3 million
13Mark Sand & Gravel Co, Fergus Falls$1.3 million
14Aeis Construction Inc, Perham$1.2 million
15All State Communications, Inc., Perham$1.2 million
16Lakes Area Cooperative, Perham$1.2 million
17Swan Machine, Inc., Perham$1.1 million
18Pro-Ag Farmers Cooperative, Parkers Prairie$1.1 million
19Nelson Auto Center Inc., Fergus Falls$1.0 million
20Nelson Auto Center, Inc., Fergus Falls$1.0 million
21Ripley's, Inc., Erhard$1.0 million
22Industrial Finishing Services, Inc., Perham$964.0 thousand
23H&R Const. Co., Dalton$958.3 thousand
24Sellin Brothers Inc, Pelican Rapids$957.3 thousand
25Industrial Finishing Services, Inc., Perham$903.0 thousand
26New Dimensions Home Health Care Inc., Fergus Falls$880.0 thousand
27Lutheran Brethren Homes Inc, Fergus Falls$773.5 thousand
28Minnesota Motor Company, Fergus Falls$755.0 thousand
29Pelican Valley Health Center Hospital District, Pelican Rapids$719.8 thousand
30St. William's Living Center, Parkers Prairie$692.3 thousand
31Hammers Construction, Inc., Perham$691.3 thousand
32Hillcrest Lutheran Academy, Fergus Falls$645.9 thousand
33Seip Drug LLC, New York Mills$614.0 thousand
34Ck Home Health Care, Inc., Fergus Falls$604.0 thousand
34Esser Plumbing & Heating, Inc, Perham$604.0 thousand
36Precision Locating LLC, Perham$587.6 thousand
37Innova Industries Inc., Fergus Falls$568.2 thousand
38Aura Fabricators Inc, Dalton$558.0 thousand
39Kit Masters Inc, Perham$534.6 thousand
40Kit Masters Inc., Perham$534.5 thousand
41Aei Construction, Inc., Perham$533.1 thousand
42Innova Industries Inc., Fergus Falls$527.5 thousand
43Service Food Inc, Fergus Falls$516.9 thousand
44Diamond Tool & Engineering Inc, Bertha$511.7 thousand
45Law Center, Incorporated, Fergus Falls$495.2 thousand
46Church Of The Lutheran Brethren, Fergus Falls$492.1 thousand
47Church Of The Lutheran Brethren, Fergus Falls$491.8 thousand
48Bob Thompson Motor Co, New York Mills$484.8 thousand
49Caep LLC, Fergus Falls$483.9 thousand
50Diamond Tool And Engineering Inc., Bertha$478.2 thousand
51Fair Hills Holdings Inc., Detroit Lakes$466.5 thousand
52Cc&I Engineering, Inc., Perham$464.3 thousand
53Thumper Pond Resort LLC A Min, Ottertail$455.5 thousand
54K. Steinbach Incorporated, New York Mills$451.6 thousand
55Polman Transfer Inc, Wadena$418.2 thousand
56Rischard Marketing & Manufacturing Inc, Fergus Falls$390.7 thousand
57Rischard Marketing & Manufacturing, Inc, Fergus Falls$369.1 thousand
58Hanson's Plumbing & Heating, Vergas$365.4 thousand
59D & T Quality Auto Sales, Inc., Fergus Falls$365.0 thousand
60Ringdahl Ambulances Inc., Fergus Falls$360.9 thousand
61Fergus Falls Lodging LLC, Fergus Falls$345.9 thousand
62Professional Agronomy Services, LLC, Perham$343.8 thousand
63Perham Egg LLC, Perham$332.7 thousand
64Perham Egg LLC, Perham$332.7 thousand
65Urbank Machine Inc, Parkers Prairie$331.6 thousand
66Dj Heisler, Inc., Vergas$331.0 thousand
67Thumper Pond Resort LLC, Ottertail$325.4 thousand
68Mickelson-Pribbernow Inc., Fergus Falls$303.3 thousand
69Keystone Inc., Perham$297.7 thousand
70Shoretex Products Inc, Fergus Falls$287.2 thousand
71Josh Hanson's Spanky's Inc, Vergas$286.2 thousand
72Lifesmiles Dental, Fergus Falls$285.0 thousand
72Lifesmiles Dental LLC, Fergus Falls$285.0 thousand
74Conner Enterprises, Inc., Fergus Falls$266.1 thousand
75West Central Initiative, Fergus Falls$264.8 thousand
76Steve's Sanitation, Inc., Perham$264.7 thousand
77Cline Jensen P.A., Fergus Falls$262.3 thousand
78Pemberton Law, P.L.L.P., Fergus Falls$250.0 thousand
79Olson Oil Co. Inc., Fergus Falls$249.9 thousand
80Olson Oil Co Inc, Fergus Falls$247.4 thousand
81Fresh Look Painting, Fergus Falls$241.6 thousand
82Minnesota Eyecare Network Inc, Perham$236.7 thousand
83M-R Sign Co Inc, Fergus Falls$232.6 thousand
84Park Gardens Of Fergus Falls, LLC, Fergus Falls$231.2 thousand
85Ottertail Aggregate, Inc, Ottertail$230.6 thousand
86I'll Tile & Stone, Inc., Detroit Lakes$221.5 thousand
86I'll Tile And Stone Inc., Detroit Lakes$221.5 thousand
88Victor Lundeen Company, Fergus Falls$221.0 thousand
89Lake Country Home Care LLC, New York Mills$219.2 thousand
90Pettow Construction, Inc., Perham$214.0 thousand
91Lilac Homes Corporation, Pelican Rapids$211.8 thousand
92Mba Enterprises Inc., Fergus Falls$209.8 thousand
93Unique Construction, LLC, Fergus Falls$203.5 thousand
94Karvonen & Son Inc, Perham$202.5 thousand
95Karvonen & Son Inc, Perham$202.5 thousand
96Spies, Inc., Fergus Falls$202.0 thousand
97Gappa Oil Company, Inc, Parkers Prairie$201.3 thousand
98Nyhus Family Sales, Inc., Perham$200.7 thousand
99Lilac Homes Corporation, Pelican Rapids$200.7 thousand
100West Tool & Design LLC, Fergus Falls$200.4 thousand

How the list is drawn

  • 100 of the 3,178 borrowers ranked in Otter Tail 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 Otter Tail 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