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PPP loans in Red Lake County, Minnesota

Each amount is what the Small Business Administration approved, as SBA published it, and says nothing more about the borrower. SBA guaranteed 402 Paycheck Protection Program loans for businesses it recorded in Red Lake County, $9.4 million in all.

Red Lake County, as of September 30, 2024

$9.4 million
Approved
$9,402,869
0.1% of the $16.6 billion approved in Minnesota.
402
Loans
311 first draws and 91 second draws.
99.0%
Forgiven
398 of 402 loans carry a forgiveness amount, $9.4 million in all.
0.0%
Charged off
0 of 402 loans, approved for $0. That is the loans' size, not what SBA lost.

The largest borrowers in Red Lake County · 2020–21

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The largest borrowers in Red Lake County, 2020–21
RankNameUSD
1Paradis Mail Service Inc., Brooks$779.0 thousand
2Red Lake County Cooperative, Inc., Brooks$459.0 thousand
3Jms Portajohn LLC, Plummer$423.2 thousand
4The Homark Company Inc., Red Lake Falls$332.9 thousand
4The Homark Company, Inc., Red Lake Falls$332.9 thousand
6Thibert Chevrolet And Buick, Inc., Red Lake Falls$272.2 thousand
7Field Drainage Inc, Brooks$137.5 thousand
8John Klein, Red Lake Falls$137.2 thousand
9Triple D Construction And Leasing, Inc., Plummer$134.8 thousand
10Hillcrest Senior Living, Inc., Red Lake Falls$133.7 thousand
11Eagle Manufacturing, Inc. F/K/A Northwest Manufacturing, Inc, Red Lake Falls$133.1 thousand
12Wayra Dairy, Inc., Trail$110.9 thousand
13Rlf Hardware, Inc., Red Lake Falls$88,655
14Pribyl Hay & Straw LLP, Plummer$88,600
15Pribyl Hay & Straw, LLP, Plummer$85,300
16Red Lake Falls Veterinary Clinic, Inc., Red Lake Falls$82,000
17Oklee Lumber, Inc., Oklee$78,910
18Schmitz Builders, Inc, Red Lake Falls$78,110
19Keith O Swenson, Brooks$67,223
20Steven Seeger, Red Lake Falls$60,800
21Red Lake County Agency Inc., Red Lake Falls$55,500
22Kevin Amiot, Red Lake Falls$55,167
23Donald Hagen, Plummer$46,600
24Red River Ag L.L.C, Plummer$45,600
25Knute Knutson, Red Lake Falls$45,260
26Safety Compliance Services LLC, Plummer$44,000
27Bethany Lutheran Church, Red Lake Falls$43,800
28Voyageur's View, Inc., Red Lake Falls$43,300
29Kst Corporation, Red Lake Falls$41,800
30Steven Linder, Oklee$41,667
31Jaime Derosier, Red Lake Falls$41,666
31Nathan Whalen, Oklee$41,666
31Todd Wieland, Red Lake Falls$41,666
34Daniel Hesse, Plummer$41,630
34Joseph Schindler, Red Lake Falls$41,630
36El-Rio Wishard, Trail$41,600
36Jimmy Hagge, Brooks$41,600
36Randy Derosier, Red Lake Falls$41,600
39Nicholas Seeger, Plummer$40,800
40Falls Building Center, Inc., Red Lake Falls$40,300
41Arnold Schmitz, Plummer$39,800
42Russell Gervais, Red Lake Falls$38,446
43Brian Fallon, Plummer$38,200
44Roy Klipping, Red Lake Falls$37,912
45Chad Lundeen, Oklee$37,333
46Alan Lee, Plummer$37,200
47Triangle Tire, Sales & Service LLC, Red Lake Falls$36,900
48Kst Corporation, Red Lake Falls$36,240
49Mmf Inc., Red Lake Falls$35,462
50St. Joseph's Catholic Church, Red Lake Falls$35,200
51Luke Forness, Red Lake Falls$35,154
52Minnesota Barley Research And Promotion Council, Red Lake Falls$35,045
53Brents Inc., Red Lake Falls$34,900
53Jeremy Grove, Red Lake Falls$34,900
55Carl Schindler, Red Lake Falls$34,600
56Sc Investments LLC, Red Lake Falls$34,100
57Knute Knutson, Red Lake Falls$33,500
58Wilcox Plumbing & Heating, Inc, Red Lake Falls$32,500
59Raymond Delorme, Red Lake Falls$31,933
60Gunder Austad American Legion Post 22, Red Lake Falls$31,778
61Oklee Quilting Supply, Oklee$30,594
62Lyndon Schultz, Red Lake Falls$30,300
63Larry Olson Transportation, Oklee$30,277
64Lee Schmitz, Plummer$30,200
65Raymond Swenson, Brooks$30,068
66Bernard Fallon, Plummer$29,800
67Reed Engelstad, Red Lake Falls$29,265
68Matthew Knott, Red Lake Falls$28,600
69Trinity Creek Ranch, Inc, Red Lake Falls$28,300
70Steven Rosten, Plummer$26,500
71Galen Johnson, Red Lake Falls$26,458
72Craig Schmitz, Red Lake Falls$25,800
73Red Lake Falls Children Center, Red Lake Falls$25,400
74Mmf Inc., Red Lake Falls$25,300
75Schafer Electric, Red Lake Falls$25,200
76Daniel Payment, Red Lake Falls$24,733
77John Green Jr., Brooks$24,679
78Troy Mercil Construction LLC, Red Lake Falls$24,200
79Red Lake Falls Children's Center, Red Lake Falls$22,900
79Steven Eskeli, Plummer$22,900
81Alex Hinrichs, Red Lake Falls$22,700
82Sanitary Service & Recycling Inc, Red Lake Falls$22,200
83Vatthauer Farm Supply, Inc., Red Lake Falls$22,135
84Vatthauer Farm Supply Inc., Red Lake Falls$22,133
85Craig Flatgard, Oklee$22,033
86Alex Jon Hinrichs, Red Lake Falls$21,600
87Matthew Eskeli, Brooks$21,500
88Thomas Kolstoe, Oklee$21,200
89Bradley Duden, Red Lake Falls$20,833
89Curtis Beyer, Red Lake Falls$20,833
89Eric Sirek, Red Lake Falls$20,833
89Keith Delage, Oklee$20,833
89William J Paradis, Oklee$20,833
94Benjamin Hanson, Red Lake Falls$20,833
94Berry Apiaries LLC, Oklee$20,833
94Louis Schafer, Red Lake Falls$20,833
94Michael Kehn, Plummer$20,833
94Michael Wicks, Oklee$20,833
94Raymond Fisher, Plummer$20,833
94Stanley Solheim, Trail$20,833

How the list is drawn

  • 100 of the 357 borrowers ranked in Red Lake 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. The last rank here is shared by 7 borrowers.
  • A borrower is ranked here when SBA recorded its first loan in Red Lake 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.

Related

Sources

Data retrieved