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PPP loans in Polk County, Minnesota

Each amount is what the Small Business Administration approved, as SBA published it, and says nothing more about the borrower. SBA guaranteed 2,149 Paycheck Protection Program loans for businesses it recorded in Polk County, $85.9 million in all.

Polk County, as of September 30, 2024

$85.9 million
Approved
$85,935,867
0.5% of the $16.6 billion approved in Minnesota.
2,149
Loans
1,591 first draws and 558 second draws.
99.4%
Forgiven
2,137 of 2,149 loans carry a forgiveness amount, $85.5 million in all.
0.4%
Charged off
8 of 2,149 loans, approved for $155.4 thousand. That is the loans' size, not what SBA lost.

The largest borrowers in Polk County · 2020–21

1 more column on a wider screen

The largest borrowers in Polk County, 2020–21
RankNameUSD
1Riverview Healthcare Association, Crookston$5.8 million
2Widseth Smith Nolting & Associates, Inc., Crookston$3.3 million
3R.J. Zavoral & Sons, Inc., East Grand Forks$2.3 million
4R.J. Zavoral & Sons Inc., East Grand Forks$2.0 million
5Northwestern Mental Health Center, Inc., Crookston$1.8 million
6Northdale Oil Inc., East Grand Forks$1.5 million
7Northdale Oil Inc., East Grand Forks$1.5 million
8Northern Valley Machine Inc., East Grand Forks$1.0 million
9Dee Inc, Crookston$816.3 thousand
10Dee, Inc., Crookston$816.2 thousand
11Pioneer Memorial Care Center, Erskine$748.7 thousand
12East River's Edge Corporation, East Grand Forks$716.0 thousand
13McIntosh Senior Living, McIntosh$634.8 thousand
14Sacred Heart Church And School, East Grand Forks$631.1 thousand
15Integrated Process Solutions, Inc., Fosston$625.2 thousand
16Integrated Process Solutions Inc., Fosston$621.4 thousand
17Minnesota Dehydrated Vegetables, Inc., Fosston$615.5 thousand
18Sacred Heart Church & School, East Grand Forks$594.1 thousand
19Village Of Fertile - Fair Meadow Nursing Home, Fertile$569.5 thousand
20East River's Edge Corporation, East Grand Forks$511.4 thousand
21Ross Seed Co, Fisher$503.0 thousand
22Agricultural Utilization Research Institute, Inc., Crookston$483.7 thousand
23Ross Seed Co, Fisher$452.8 thousand
24Lumber Mart, Inc, East Grand Forks$378.9 thousand
25Eickhof Columbaria, Inc, Crookston$370.6 thousand
26Lucken Trucks And Parts Inc, Winger$366.7 thousand
27Palubicki's, Inc., Fosston$366.5 thousand
28Folson Farms Corporation, East Grand Forks$335.3 thousand
29Lucken Trucks & Parts Inc., Winger$325.7 thousand
30Hawks Mfg., Inc, East Grand Forks$323.3 thousand
31Minnesota Northern R I, Crookston$321.9 thousand
32Tds Trucking, Inc., Fertile$316.3 thousand
33Eickhof Columbaria Inc, Crookston$305.2 thousand
34Folson Farm Corporation, East Grand Forks$290.7 thousand
35A & L Potato Co Inc, East Grand Forks$271.0 thousand
36Riverside Christian School, East Grand Forks$268.6 thousand
37Valley Truck Parts & Service, Inc., East Grand Forks$264.1 thousand
38Health Services Network, Inc., Fosston$258.4 thousand
39Up North Hospitality, LLC, East Grand Forks$257.4 thousand
40Paragon Freight Systems LLC, Trail$236.8 thousand
41Northern Lights Fiber Optic Splicing Inc., Crookston$235.8 thousand
42Midwestern Masonry Inc, East Grand Forks$230.3 thousand
43Forks Optometric, Ltd., East Grand Forks$228.2 thousand
44Diocese Of Crookston, Crookston$216.7 thousand
45T D S Fertilizer, Inc., Fertile$214.3 thousand
46Fosston Pharmacy & Gifts Inc., Fosston$213.1 thousand
47Polk County Developmental Achievement Center, Inc., Crookston$212.7 thousand
48Paragon Freight Systems LLC, Trail$212.0 thousand
49Eagle Electric Of Grand Forks, Inc., East Grand Forks$205.8 thousand
50Fosston Tri-Coop, Fosston$205.6 thousand
51Farmchek Services, Inc., McIntosh$199.5 thousand
52Boll Farms Inc., Crookston$196.6 thousand
53Farmchek Services Inc., McIntosh$194.6 thousand
54H N Quality Plumbing, Inc., Crookston$186.8 thousand
55Greater Minnesota Management, Mentor$177.7 thousand
56Big Green Contracting, Incorporated, East Grand Forks$175.9 thousand
57Polk County Developmental Achievement Center Inc., Crookston$173.7 thousand
58Gcp Inc, Fertile$170.2 thousand
59Crookston Building Center, Inc., Crookston$169.4 thousand
60River Cinema Inc, East Grand Forks$167.3 thousand
61Bethany Board & Lodge, Inc., Fosston$165.5 thousand
62Bert's Truck Equipment Inc., East Grand Forks$164.0 thousand
63McDonald Dental Pc, East Grand Forks$157.9 thousand
64McDonald Dental Pc, East Grand Forks$157.9 thousand
65Wald Farms, East Grand Forks$156.8 thousand
66Olson Gravel Inc., Trail$156.4 thousand
67Crookston Welding Machine Co., Crookston$154.1 thousand
68Demers Dental P. A., East Grand Forks$153.1 thousand
68Demers Dental Pa, East Grand Forks$153.1 thousand
70Landsverk Dairy Inc., Fosston$150.5 thousand
71Bert's Truck Equipment, Inc., East Grand Forks$150.0 thousand
72Majek, LLC, Crookston$149.6 thousand
73Peterson Veterinary Clinic, P.C., East Grand Forks$148.7 thousand
74Crookston Fuel Company, Crookston$147.7 thousand
74Jaclyn M Jensen DDS Pc, Crookston$147.7 thousand
76Crookston Valley Cooperative, Inc, Crookston$146.6 thousand
77Crookston Hospitality Group Inc., Crookston$146.1 thousand
78Northern Lights Fiber Optic Splicing, Inc., Crookston$145.8 thousand
79Longtin Agency Inc, Crookston$145.6 thousand
80Christian Brothers Ford, Inc, Crookston$144.4 thousand
81Troy Pecka Trucking Inc., East Grand Forks$143.6 thousand
82Landsverk Dairy, Inc, Fosston$143.2 thousand
83Best Used Trucks Of Mn, Crookston$142.6 thousand
84Brost Chevrolet Inc., Crookston$141.9 thousand
85Sublime Aesthetic Professionals LLC, East Grand Forks$140.8 thousand
86Drafts Sports Bar & Grill Of Crookston, Crookston$140.4 thousand
87Corbett Trucking LLC, East Grand Forks$140.3 thousand
88Troy Pecka Trucking, Inc., East Grand Forks$140.0 thousand
89David Johnstad, Beltrami$137.6 thousand
90Albright Dental Inc., Fosston$137.0 thousand
91Albright Dental Inc, Fosston$137.0 thousand
92Dakota Outerwear Co., Crookston$134.8 thousand
93The Spud Jr LLC, East Grand Forks$132.0 thousand
94Boardwalk Bar & Grill, LLC, East Grand Forks$130.3 thousand
95Best Used Trucks Of Mn, Crookston$130.2 thousand
96Crookston Welding Machine Co., Crookston$129.8 thousand
97Cathedral Of The Immaculate Conception, Crookston$128.3 thousand
98North Country Food Bank, Inc., East Grand Forks$127.3 thousand
99Ok Enterprises East Grand Forks, Inc., East Grand Forks$126.9 thousand
100Brost Chevrolet, Inc., Crookston$126.1 thousand

How the list is drawn

  • 100 of the 1,945 borrowers ranked in Polk 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 Polk 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