PPP loans in Pipestone County, Minnesota

Name: Pipestone County, Minnesota
Address: MN, US

Each amount is what the Small Business Administration approved, as SBA published it, and says nothing more about the borrower. SBA guaranteed 972 Paycheck Protection Program loans for businesses it recorded in Pipestone County, $33.7 million in all.

Pipestone County, as of September 30, 2024

$33.7 million
Approved: $33,692,442; 0.2% of the $16.6 billion approved in Minnesota.; 972
Loans: 761 first draws and 211 second draws.; 99.4%
Forgiven: 966 of 972 loans carry a forgiveness amount, $33.8 million in all.; 0.2%
Charged off: 2 of 972 loans, approved for $31.6 thousand. That is the loans' size, not what SBA lost.

The largest borrowers in Pipestone County · 2020–21

1 more column on a wider screen

The largest borrowers in Pipestone County, 2020–21
Rank	Name	USD	Loans
1	Pipestone County Medical Center, Pipestone	$2.3 million$2,325,800	1
2	New Horizon Farms LLP, Pipestone	$1.6 million$1,621,400	1
2	New Horizon Farms, LLP, Pipestone	$1.6 million$1,621,400	1
4	Fey Industries, Inc., Edgerton	$1.5 million$1,504,265	1
5	Fey Industries Inc, Edgerton	$1.2 million$1,200,000	1
6	K & M Concrete Construction Inc, Edgerton	$876.3 thousand$876,324	1
7	K&M Concrete Construction, Edgerton	$866.9 thousand$866,900	1
8	Buffalo Ridge Concrete Inc, Pipestone	$835.8 thousand$835,800	1
9	New Horizon Feeds LLC, Pipestone	$346.8 thousand$346,785	2
10	Double D Gravel, Inc, Pipestone	$336.5 thousand$336,472	1
11	Meulebroeck, Taubert & Co., Pllp, Pipestone	$327.3 thousand$327,300	1
12	Pepsi Cola Bottling Co. Of Pipestone, Pipestone	$297.7 thousand$297,700	1
13	Musch Construction, Inc, Pipestone	$282.9 thousand$282,904	1
14	Dahl Motors, LLC, Pipestone	$282.2 thousand$282,200	1
15	Woodstock Telephone Company, Ruthton	$249.6 thousand$249,636	1
16	Newalta Dairy LLC, Pipestone	$246.5 thousand$246,505	1
17	Kozlowski Insurance Agency & Financial Services, Inc., Pipestone	$238.9 thousand$238,900	1
18	Fuller Paving, Pipestone	$215.0 thousand$215,000	1
19	Utopian Paradise LLC, Pipestone	$197.7 thousand$197,663	1
20	Martinez Concrete LLC, Pipestone	$194.6 thousand$194,600	1
21	Gorters Clay & Dairy Equipment Of Mn, Inc, Pipestone	$187.4 thousand$187,435	1
22	Edgerton Society For Christian Instruction & Education, Edgerton	$184.9 thousand$184,866	1
23	Deruyter Pallets, Ruthton	$180.3 thousand$180,280	1
24	Wallin Management Inc, Pipestone	$168.3 thousand$168,339	1
25	De Boer Chevrolet Co, Edgerton	$153.1 thousand$153,060	1
26	Edgerton Veterinary Clinic, LLC, Edgerton	$150.9 thousand$150,923	1
27	Evergreen Enterprises Of Pipestone LLC, Pipestone	$149.9 thousand$149,887	1
28	Pipestone Publishing Co Inc, Pipestone	$147.1 thousand$147,100	1
28	Pipestone Publishing Company, Inc., Pipestone	$147.1 thousand$147,100	1
30	Deboer Chevrolet Co, Edgerton	$141.6 thousand$141,571	1
31	Hiawatha Manor, Inc, Pipestone	$141.3 thousand$141,300	1
32	Utopian Paradise, LLC, Pipestone	$141.1 thousand$141,100	1
33	Southwest Minnesota Christian High School, Edgerton	$138.7 thousand$138,727	1
34	S & S Truck Repair, Pipestone	$135.4 thousand$135,400	1
35	Pater Dairy Inc., Pipestone	$134.9 thousand$134,944	1
36	Sk&D Construction, LLC, Woodstock	$133.9 thousand$133,860	1
37	Douty Manufacturing Company, Pipestone	$132.3 thousand$132,300	1
38	Douty Manufacturing Company, Pipestone	$131.8 thousand$131,807	1
39	Christensen Broadcasting Kloh, Kisd, Kjoe, Kdwc Radio, Pipestone	$129.3 thousand$129,300	1
40	Winter Title & Abstract Companies, Pipestone	$127.9 thousand$127,900	1
41	New Horizon Grain LLC, Pipestone	$124.6 thousand$124,600	1
41	New Horizon Grain, LLC, Pipestone	$124.6 thousand$124,600	1
43	Wallin Management Inc., Pipestone	$122.9 thousand$122,925	1
44	Christensen Broadcasting LLC, Pipestone	$122.5 thousand$122,451	1
45	Paul D Cortez DDS Pa, Pipestone	$119.6 thousand$119,600	1
45	Paul D. Cortez, D.D.S., P.A., Pipestone	$119.6 thousand$119,600	1
47	Ludolph Bus Inc, Pipestone	$116.1 thousand$116,145	1
48	Evergreen Enterprises Of Pipestone, LLC, Pipestone	$107.0 thousand$107,000	1
49	Cmsp, Inc., Pipestone	$105.5 thousand$105,500	1
50	Zienstra Dariy LLC., Holland	$101.9 thousand$101,900	1
51	Pipestone Building Materials, Pipestone	$101.6 thousand$101,600	1
52	K & T Trucking, Inc., Holland	$99,000	1
53	Pipestone Grain Company, Pipestone	$96,600	1
54	Schulze Dairy LLC, Holland	$94,552	1
55	Ludolph Bus Inc, Pipestone	$92,737	1
56	Tinklenberg Lumber Of Edgerton, Inc., Edgerton	$90,236	1
57	Pipestone Livestock Auction Market Inc., Pipestone	$83,200	1
58	Ploeger Pr Inc., Pipestone	$82,780	1
59	Pipestone Livestock Auction Market Inc, Pipestone	$81,999	1
60	Rustads Flooring And Sleep Center LLC, Pipestone	$80,780	2
61	Wesley Dekam Dairy, Edgerton	$79,200	1
62	Van Dyke Sanitation Inc, Edgerton	$73,800	1
63	Stout & Evink Plumbing & Heating, Inc., Pipestone	$71,700	1
64	Geyermans Clothing Co Inc, Pipestone	$69,300	1
64	Geyermans Clothing Company Inc, Pipestone	$69,300	1
66	Pipestone Los Tulipanes, Pipestone	$67,209	1
67	De Kam Seed & Fertilizer, LLC, Edgerton	$64,000	1
68	County Line Dairy, Edgerton	$62,800	1
69	Progress Inc, Pipestone	$62,558	1
69	Progress, Inc., Pipestone	$62,558	1
71	Menning Enterprises, LLC, Edgerton	$62,409	1
72	Mark Morgan, Pipestone	$62,230	1
73	Mark T Morgan, Pipestone	$62,200	1
74	A&S Drugs LLC, Pipestone	$61,100	1
75	Greg Arp, Edgerton	$61,072	2
76	Brinkmeyer Farms, Holland	$60,800	2
77	Pipestone Crossings LLC, Pipestone	$60,483	1
78	Pizza Ranch, Pipestone	$59,100	1
79	Fruechte Crop Service, Verdi	$58,000	1
80	A&L Spronk Farms Inc, Edgerton	$56,900	1
81	Mark Minet, Holland	$56,554	2
82	Jer's Electric Inc, Pipestone	$54,657	1
83	William Habben, Pipestone	$52,823	1
84	Perry Bootsma, Edgerton	$51,833	1
85	Pal Group, Inc., Pipestone	$50,900	1
86	Patrick Lingen, Edgerton	$49,167	1
87	O'Neill, O'Neill And Barduson, Pipestone	$48,900	1
88	Darl Korthals, Pipestone	$48,707	2
89	M & H Hardware & Appliance Inc, Edgerton	$48,707	1
90	Koep Company, Pipestone	$48,400	1
91	Sas Farms Inc., Edgerton	$48,300	1
92	Quist Plumbing & Heating, Inc, Pipestone	$48,095	1
93	Pipestone Los Tulipanes LLC, Pipestone	$48,000	1
94	Bootsma Country Machine, Edgerton	$47,398	1
95	Paul Henriksen, Pipestone	$46,115	1
96	Greg's Welding Inc, Pipestone	$44,800	1
96	Gregs Welding Inc, Pipestone	$44,800	1
98	Johnson Waste Management Inc., Pipestone	$44,355	2
99	Jerlyn Spronk, Edgerton	$43,871	2
100	Todd Jasper, Edgerton	$43,851	2

How the list is drawn

100 of the 892 borrowers ranked in Pipestone 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 Pipestone 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

Data retrieved September 23, 2026

Pipestone County, as of September 30, 2024

The largest borrowers in Pipestone County · 2020–21

How the list is drawn

Related

Sources