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PPP loans in Pine County, Minnesota

Each amount is what the Small Business Administration approved, as SBA published it, and says nothing more about the borrower. SBA guaranteed 839 Paycheck Protection Program loans for businesses it recorded in Pine County, $37.6 million in all.

Pine County, as of September 30, 2024

$37.6 million
Approved
$37,624,194
0.2% of the $16.6 billion approved in Minnesota.
839
Loans
700 first draws and 139 second draws.
98.6%
Forgiven
827 of 839 loans carry a forgiveness amount, $37.7 million in all.
0.6%
Charged off
5 of 839 loans, approved for $99.5 thousand. That is the loans' size, not what SBA lost.

The largest borrowers in Pine County · 2020–21

1 more column on a wider screen

The largest borrowers in Pine County, 2020–21
RankNameUSD
1Tobies Restaurant Inc., Hinckley$999.3 thousand
2Therapeutic Services Agency, Incorporated, Pine City$951.9 thousand
3Pine Habilitation And Supported Employment, Inc., Sandstone$878.8 thousand
4Nemadji Research Corporation, Bruno$874.6 thousand
5Jcf Builders LLC, Pine City$766.2 thousand
6Jcf Builders, LLC, Pine City$766.1 thousand
7Tobies Restaurant, Inc., Hinckley$713.8 thousand
8Atscott Mfg Inc., Pine City$700.0 thousand
8Atscott Mgf, Inc., Pine City$700.0 thousand
10Advance Design & Systems LLC, Pine City$696.3 thousand
10Advance Design & Systems, LLC, Pine City$696.3 thousand
12Premier Healthcare Management Of Sandstone, LLC, Sandstone$590.9 thousand
13Pine Habilitation And Supported Employment Inc, Sandstone$550.3 thousand
14Keystone Contracting, Inc., Pine City$500.0 thousand
15Daka Corporation, Pine City$495.4 thousand
16Patzoldt Concrete & Masonry L.L.C., Pine City$489.6 thousand
17Lake Superior Laundry Inc/Wbdf, Pine City$453.1 thousand
18Forby Contracting, Inc, Hinckley$442.3 thousand
19Lake Superior Laundry Inc, Pine City$436.0 thousand
20M&M Manufacturing Inc., Pine City$430.2 thousand
21M&M Manufacturing, Inc., Pine City$407.3 thousand
22Savage Communications, Inc., Hinckley$404.4 thousand
23Patzoldt Concrete & Masonry L.L.C., Pine City$365.0 thousand
24Iuoe Local 49 Training Center, Hinckley$360.4 thousand
25Eide Auto Center, Inc., Pine City$354.5 thousand
26Chris Food Center, Sandstone$351.1 thousand
27Forby Contracting Inc, Hinckley$337.3 thousand
28Hoffman's Oak Lake Campground & Rv Sales, Inc, Kerrick$306.6 thousand
29Minpack, Inc., Pine City$302.1 thousand
304Th Avenue Dental Pa, Pine City$297.8 thousand
31Lakeside Medical Center, Inc., Pine City$283.1 thousand
32Restoration Services Of Minnes, Askov$234.8 thousand
33Hoffman's Oak Lake Campground & Rv Sales Inc, Kerrick$233.9 thousand
34Osprey Wilds Environmental Learning Center, Sandstone$197.1 thousand
35Osprey Wilds Environmental Learning Center, Sandstone$196.9 thousand
3620-20 Rmp LLC, Sturgeon Lake$192.8 thousand
37Cornerstone, Willow River$185.4 thousand
37Cornerstone Utility Construction Inc, Willow River$185.4 thousand
39Daggett's, Inc, Hinckley$183.2 thousand
40Abacus Transportation LLC, Pine City$165.1 thousand
41Empower Recovery Services LLC, Pine City$152.4 thousand
42Doc's Sports Bar & Grill Inc, Sturgeon Lake$149.9 thousand
43Kc Companies Of Sandstone Inc, Sandstone$148.8 thousand
44H & P Express, Inc, Askov$148.5 thousand
45Minnesota Communications Inc, Willow River$148.4 thousand
46R & G Waldham Contractors, Inc, Sturgeon Lake$147.7 thousand
47Derungs/Bonk A.F.C. Inc, Sandstone$145.6 thousand
48Doc's Sports Bar & Grill, Inc, Sturgeon Lake$143.6 thousand
49Jlk Underground Utilities Inc, Askov$139.9 thousand
50Jlk Underground Utilities, Inc, Askov$139.8 thousand
51Ez Electrical System Solutions, LLC, Pine City$138.2 thousand
52One Heartland Inc, Willow River$138.0 thousand
53Bruno Deep Rock, Askov$134.1 thousand
54Jeff's Outdoor Services Lawn Care LLC, Pine City$133.3 thousand
55Brook Park Auto Recycling LLC, Brook Park$133.2 thousand
56Scenic Boundaries Trans Inc, Sandstone$127.3 thousand
57Scenic Boundaries Trans Inc, Sandstone$127.2 thousand
58Currie, Pangerl & Associates, Ltd, Pine City$125.4 thousand
59Industrial By Products LLC, Sturgeon Lake$119.9 thousand
60Aaron Peterson Trucking, Hinckley$117.8 thousand
61Jeff's Outdoor Services Lawn Care, LLC, Pine City$117.6 thousand
62Teen Focus Recovery Center LLC, Rush City$117.5 thousand
63Tobies Station Inc., Hinckley$117.4 thousand
63Tobies Station, Inc., Hinckley$117.4 thousand
65Willow River Utilities, Inc, Willow River$113.9 thousand
66Mlaskoch Excavating & Contracting, Inc., Willow River$110.8 thousand
67Cavallin Inc., Pine City$110.0 thousand
68Sebald Motor Sales, Inc., Askov$109.1 thousand
69J.M. Peterson Farms Inc., Pine City$108.6 thousand
70J. M. Peterson Farms, Inc., Pine City$108.5 thousand
71Heath Perkins Post No 51 The American Legion Corporation, Pine City$104.6 thousand
72Dan Bennett Construction, LLC, Brook Park$104.2 thousand
73Mark Haug Construction Inc., Pine City$103.4 thousand
74The Wildcat Sanctuary, Sandstone$102.3 thousand
75Gourmet Products Inc., Pine City$101.6 thousand
75Gourmet Products, Inc., Pine City$101.6 thousand
77Arlen Krantz Ford, Inc, Sandstone$99,400
78Moose Lake Eye Care, LLC, Moose Lake$98,200
79Jones Construction Services Inc, Pine City$94,772
80Chubbys Sports Bar & Grill Pine City L. L. C., Pine City$92,430
81Pine Agency, Inc., Pine City$88,900
82Best Rentals Inc, Pine City$87,300
83Rydberg & Sons Inc., Pine City$87,267
83Rydberg & Sons, Inc., Pine City$87,267
85Aml Cleaning Service, Inc., Brook Park$87,200
86Birch Creek Dairy, Inc., Willow River$84,900
87Pine Eye Associates, Pine City$83,623
88Buckshot Construction, LLC, Willow River$83,500
89Sa Enterprises, LLC, Hinckley$83,100
90Dales Heating & Applicance, LLC, Pine City$82,997
91Berchins' A&W Restaurant LLC, Pine City$81,086
92Cavallin Inc., Pine City$80,000
93Theodore Kraft, Pine City$79,295
94Happy Land Tree Farms Inc, Sandstone$77,312
95Mpj Enterprises LLC, Sandstone$77,120
96Mpj Enterprises, LLC, Sandstone$77,100
97Happy Land Tree Farms, Inc, Sandstone$75,300
98The Village Bar And Grill LLC, Pine City$68,500
99Brad Peterson Construction Inc., Pine City$66,730
100Balut Utility, LLC, Willow River$66,300

How the list is drawn

  • 100 of the 802 borrowers ranked in Pine 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 Pine 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