Record · County

PPP loans in Pennington County, Minnesota

Each amount is what the Small Business Administration approved, as SBA published it, and says nothing more about the borrower. SBA guaranteed 802 Paycheck Protection Program loans for businesses it recorded in Pennington County, $31.6 million in all.

Pennington County, as of September 30, 2024

$31.6 million
Approved: $31,556,313; 0.2% of the $16.6 billion approved in Minnesota.; 802
Loans: 645 first draws and 157 second draws.; 99.4%
Forgiven: 797 of 802 loans carry a forgiveness amount, $31.3 million in all.; 0.5%
Charged off: 4 of 802 loans, approved for $82,622. That is the loans' size, not what SBA lost.

The largest borrowers in Pennington County · 2020–21

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The largest borrowers in Pennington County, 2020–21
Rank	Name	USD	Loans
1	Northern Pride Inc, Thief River Falls	$1.2 million$1,242,028	1
2	Northern Pride, Inc, Thief River Falls	$1.1 million$1,141,153	1
3	Occupational Development Center, Inc, Thief River Falls	$979,500	1
4	Occupational Development Center, Inc, Thief River Falls	$870,788	1
5	Pennington Health Services, Thief River Falls	$825,975	1
6	Thygeson Construction Co, Thief River Falls	$715,000	2
7	Hartz Truck Line, Inc., Thief River Falls	$493,557	1
8	Oakland Park Communities, Inc., Thief River Falls	$383,700	1
9	Farmers Union Oill Company Of Thief River Falls, Thief River Falls	$373,928	1
10	Forsberg's, Inc., Thief River Falls	$342,915	1
11	Sjobergs Inc., Thief River Falls	$319,170	1
12	Westside Motors Of Trf Inc., Thief River Falls	$310,440	1
13	Westside Motors Of Trf, Inc., Thief River Falls	$310,400	1
14	St. Hilaire Supply Co., Saint Hilaire	$303,535	1
15	Forsberg's Inc., Thief River Falls	$282,215	1
16	Farmers Coop Grain & Seed Association, Thief River Falls	$277,017	1
17	Northern Woodwork, Inc., Thief River Falls	$274,477	1
18	Northern Woodwork, Inc., Thief River Falls	$271,882	1
19	Trf Pallet Inc., Thief River Falls	$270,638	1
20	Label Mark-It Inc., Thief River Falls	$268,127	1
21	Label Mark-It Inc., Thief River Falls	$250,494	1
22	Thief River Ford, Inc., Thief River Falls	$235,305	1
23	Trf Pallet Inc, Thief River Falls	$234,827	1
24	Valley Assisted Living LLC, Thief River Falls	$230,018	1
25	H&S Construction Of Trf, Inc, Thief River Falls	$229,147	1
26	Johnson's Riverside, Inc., Thief River Falls	$227,965	1
27	Valley Assisted Living LLC, Thief River Falls	$227,200	1
28	Minnesota Greenleaf, LLP, Thief River Falls	$222,900	1
29	Minnesota Greenleaf, LLP, Thief River Falls	$220,777	1
30	Lee Plumbing & Heating Co., Inc., Thief River Falls	$180,597	1
31	Northern Motors Inc., Thief River Falls	$177,484	1
32	Northern Motors, Inc., Thief River Falls	$170,357	1
33	Townsend Pricing Inc., Thief River Falls	$168,277	1
33	Townsend Pricing Inc., Thief River Falls	$168,277	1
35	Argo Usa Inc, Thief River Falls	$165,085	1
36	Thief River Hotel Partners L.L.C., Thief River Falls	$161,239	2
37	Mcm Media, LLC, Thief River Falls	$157,000	1
38	Northwest Beverage, Inc., Thief River Falls	$151,290	1
39	St. Bernard's Church, Thief River Falls, Thief River Falls	$150,150	1
40	Gunvalson Farms, Inc., Trail	$144,919	1
41	Gunvalson Farms Inc., Trail	$143,517	1
42	Waste Masters LLC, Thief River Falls	$138,623	1
43	Kuznia Inc, Thief River Falls	$138,536	1
44	Mcm Media LLC, Thief River Falls	$135,379	1
45	Benton, Safranski & Co. LLP, Thief River Falls	$134,140	1
46	Northwest Eye Center Pa, Thief River Falls	$127,090	1
47	J.D. Peterick, Inc., Thief River Falls	$124,600	1
48	Thief River Falls Family Dentistry Pa, Thief River Falls	$116,198	1
49	Peatland Reds Inc., Trail	$115,500	1
50	Steiger Farms, Inc., Red Lake Falls	$112,500	1
51	Ganesh Hospitality Inc., Thief River Falls	$112,386	1
52	Petro Pumper Inc., Thief River Falls	$111,595	1
52	Petro Pumper, Inc., Thief River Falls	$111,595	1
54	Thief River Falls Family Dentistry, Thief River Falls	$109,945	1
55	Eazy Tack Inc., Thief River Falls	$108,469	1
56	Venuworks Of Thief River Falls Mn, L.L.C., Thief River Falls	$108,160	1
57	River Walk Public House LLC, Thief River Falls	$106,985	1
58	Brodin Sheet Metal, Inc., Thief River Falls	$105,272	1
59	Johnson Green Funeral Service Inc., Thief River Falls	$102,100	1
60	Grzadzy's Inc, Thief River Falls	$101,185	1
61	The Hive Bar & Grill Inc, Thief River Falls	$100,671	1
62	Lindholm Welding Inc., Thief River Falls	$99,738	1
63	Kuznia Inc., Thief River Falls	$98,952	1
64	Benjamin A. Sayler DDS, Thief River Falls	$98,400	1
65	Walter Brothers, Inc., Plummer	$91,000	1
66	Dyr-Valley, LLLP, Thief River Falls	$89,300	1
67	Vj Inc., Thief River Falls	$88,467	1
68	Thief River Falls Lodge LLC, Thief River Falls	$83,734	1
69	Ganesh Hospitality, Inc., Thief River Falls	$80,276	1
70	Northwest Power Systems Inc., Thief River Falls	$80,050	1
71	Peralta Inc, Thief River Falls	$79,500	1
72	Kays, St. Germain And Co. PLLC, Thief River Falls	$79,475	1
73	Milenders Mail Service Inc, Thief River Falls	$79,464	1
74	Hanson Construction Of Thief River Falls, Inc., Thief River Falls	$78,722	1
75	Nelson Equipment Of Trf, Inc., Thief River Falls	$78,718	1
76	Fynboh Construction, Thief River Falls	$77,790	2
77	Eazy Tack Inc, Thief River Falls	$76,999	1
78	River Walk Public House LLC, Thief River Falls	$75,550	1
79	Violence Intervention Project, Thief River Falls	$75,284	1
80	Falls Diverse Abilities Corporation, Thief River Falls	$75,045	1
81	Tiffany Liljenberg, Thief River Falls	$74,815	1
82	The Discovery Place, Thief River Falls	$74,295	1
83	Bryce A Bray DDS, Thief River Falls	$74,049	1
84	Valley Animal Hospital LLC, Thief River Falls	$73,000	1
85	Idyll Inc., Thief River Falls	$72,460	1
86	Grzadzy's Inc, Thief River Falls	$72,275	1
87	Phillips Iron & Metal Inc, Thief River Falls	$72,077	1
87	Phillips Iron & Metal Inc., Thief River Falls	$72,077	1
89	Peterson Lumber Of Thief River Falls, Incorporated, Thief River Falls	$71,812	1
90	The Hive Bar & Grill Inc., Thief River Falls	$71,158	1
91	Evergreen J&J Inc, Thief River Falls	$70,729	1
92	Tr Salvage, Inc., Thief River Falls	$70,547	1
93	Sally Wolff Ins Agcy Inc, Thief River Falls	$68,450	1
94	Vfw Post 2793 Thief River Falls Mn.56701, Thief River Falls	$68,306	1
95	Bergan Travel Inc., Thief River Falls	$67,036	1
96	Huberts Outdoor Power, Thief River Falls	$66,530	1
97	Speeds Auto, Thief River Falls	$65,735	1
98	Venuworks Of Thief River Falls LLC, Thief River Falls	$64,897	1
99	Hoffman Philipp & Martell PLLC, Thief River Falls	$64,842	1
100	Tiffany Liljenberg, Thief River Falls	$64,500	1

How the list is drawn

100 of the 744 borrowers ranked in Pennington 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 Pennington 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

SBA Paycheck Protection Program (PPP) FOIA — loan-level data — U.S. Small Business Administration · Public domain — U.S. Government work · retrieved September 25, 2026
Census Bureau county population estimates — U.S. Census Bureau · U.S. Government work · retrieved September 23, 2026

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 September 23, 2026

Pennington County, as of September 30, 2024

The largest borrowers in Pennington County · 2020–21

How the list is drawn

Related

Sources