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PPP loans in Redwood County, Minnesota

Each amount is what the Small Business Administration approved, as SBA published it, and says nothing more about the borrower. SBA guaranteed 1,962 Paycheck Protection Program loans for businesses it recorded in Redwood County, $60.9 million in all.

Redwood County, as of September 30, 2024

$60.9 million
Approved
$60,933,057
0.4% of the $16.6 billion approved in Minnesota.
1,962
Loans
1,420 first draws and 542 second draws.
99.7%
Forgiven
1,956 of 1,962 loans carry a forgiveness amount, $61.2 million in all.
0.3%
Charged off
5 of 1,962 loans, approved for $51.0 thousand. That is the loans' size, not what SBA lost.

The largest borrowers in Redwood County · 2020–21

1 more column on a wider screen

The largest borrowers in Redwood County, 2020–21
RankNameUSD
1Farmers, Union Industries, LLC, Redwood Falls$7.1 million
2Farmward Cooperative, Morgan$3.8 million
3Meadowland Farmers Coop, Lamberton$2.0 million
4Jonti-Craft, Inc., Wabasso$1.7 million
5Northstar Systembuilt LLC, Redwood Falls$1.7 million
6Highwater Ethanol, LLC, Lamberton$712.2 thousand
7Redwood Electric Cooperative, Clements$471.5 thousand
8Lamberton Operations, LLC, Lamberton$454.9 thousand
9Morgan Memorial Foundation, Inc., Morgan$414.3 thousand
10Parkview Home, Belview$392.9 thousand
11Weelborg Ford, Redwood Falls$389.7 thousand
12Rick Kramer Inc, Redwood Falls$385.5 thousand
13Rio Ranch Supply Inc, Redwood Falls$343.3 thousand
14Sewn Products, LLC, Vesta$310.9 thousand
15Ceec Inc, Wabasso$307.1 thousand
16Marthaler Automotive Of Redwood Falls, Inc., Redwood Falls$298.9 thousand
17C E E C Inc., Wabasso$297.4 thousand
18Thielen Bus Lines Inc, Redwood Falls$288.9 thousand
19Straight Line Of Sanborn Inc., Sanborn$287.3 thousand
20Behrendt Enterprises, Inc, Redwood Falls$276.4 thousand
21Wabasso Operations LLC, Wabasso$275.1 thousand
22West River Group, Inc., Redwood Falls$267.5 thousand
23Tersteeg's Inc., Redwood Falls$254.2 thousand
24Zinniel Electric Co., Morgan$248.9 thousand
25Fox Brothers Of Sanborn Inc., Sanborn$248.7 thousand
26Elevator Works, Inc., Lamberton$244.2 thousand
27Fox Brothers Of Sanborn, Inc., Sanborn$243.0 thousand
28Weltsch Equipment Inc, Redwood Falls$230.5 thousand
29River Valley Health & Rehabilitation Center LLC, Redwood Falls, MN$217.4 thousand
30Country Enterprises, Inc, Lucan$213.6 thousand
31Farmers Co-Op Assn Of Milroy, Milroy$208.0 thousand
32Watje Feed Service, Clements$200.0 thousand
33Service Enterprises, Inc Of Minnesota, Redwood Falls$193.4 thousand
34St. John's Evangelical Lutheran Church, Redwood Falls$190.4 thousand
35Cubik Promotions Inc, Redwood Falls$188.2 thousand
36Redwood Falls Pizza Ranch, Inc, Redwood Falls$181.9 thousand
37Schmidt Construction, Inc., Redwood Falls$177.5 thousand
38L & S Const. Corp., Sanborn$176.2 thousand
39Doug's Lawn & Landscaping Service LLC, Redwood Falls$174.4 thousand
40Red Rock Quarry Inc., Sanborn$168.1 thousand
41A&W Furniture, Redwood Falls$167.8 thousand
42Everstrong Construction Inc, Redwood Falls$161.2 thousand
43Schmidt Construction Inc, Redwood Falls$156.5 thousand
44Jeckell Enterprises, Inc, Lamberton$154.7 thousand
45Jeckell Enterprises Inc, Lamberton$153.7 thousand
46Timothy S. Brown DDS, Redwood Falls$153.2 thousand
47Timothy S. Brown DDS, Redwood Falls$153.1 thousand
48Northwest Drywall Of Redwood Falls Inc., Redwood Falls$151.1 thousand
49Doug's Lawn & Landscaping Service, LLC, Redwood Falls$151.0 thousand
50Ryan Kramer Trucking LLC, Redwood Falls$145.8 thousand
51Northwest Drywall Of Redwood Falls, Inc., Redwood Falls$145.4 thousand
52Duffy's South Inc., Redwood Falls$144.6 thousand
53Kerkhoff Trucking, Inc., Morgan$138.8 thousand
54Sward-Kemp Drug Co., Inc., Redwood Falls$129.4 thousand
55Three Lakes Livestock LLC, Clements$125.0 thousand
56Kerkhoff Trucking Inc., Morgan$122.8 thousand
57Wood & Conn Corporation, Redwood Falls$122.7 thousand
58Stephens Funeral Service Inc, Redwood Falls$117.3 thousand
59A Plus Farms, Belview$115.1 thousand
60Orion Sales Inc, Redwood Falls$114.0 thousand
61Knakmuhs Enterprises, Inc., Walnut Grove$112.5 thousand
62Orion Sales, Inc, Redwood Falls$110.8 thousand
63Tyler Kerkhoff Trucking LLC, Morgan$110.7 thousand
64Church Of St. Anne & School, Wabasso$109.8 thousand
65Duro Rock Supply Co., Redwood Falls$109.2 thousand
66Gordy Serbus & Sons Gravel, LLC, Redwood Falls$107.8 thousand
67Duffey's South Inc., Redwood Falls$107.2 thousand
68Estebo, Frank & Munshower, Ltd., Redwood Falls$105.1 thousand
69Lesage Reynolds & Welter Of Redwood Falls, Ltd., Redwood Falls$103.9 thousand
70Dustin Stolp, Milroy$103.5 thousand
71Michael And Vicki Johanneck And Johanneck Water Conditioning, Redwood Falls$103.0 thousand
72Tnt Constrction/Kerkhoff, Inc., Morgan$102.6 thousand
73Cw Welding And Fabrication LLC, Vesta$97,655
74Cw Welding And Fabrication LLC, Vesta$97,600
75Alan Plotz, Clements$93,300
76Fultz Farms, Inc, Tracy$92,700
77Oberloh & Oberloh Ltd, Redwood Falls$91,070
78Michael Flinn, D.D.S.,P.A., Redwood Falls$90,600
79Hansen Agri-Commodities LLC, Walnut Grove$90,484
80Redwood Building Center, Inc., Redwood Falls$86,200
81Redwood Falls Nursery, Inc., Redwood Falls$83,800
82Lee Rohlik, Vesta$83,244
83Weis Enterprises, Inc., Redwood Falls$82,400
84M & K Bridge Construction, Inc., Walnut Grove$81,500
85Oberloh & Oberloh, Redwood Falls$78,900
86Rwf Pharmacy Services, Ltd, Redwood Falls$78,100
87Redwood Properties Inc, Redwood Falls$73,749
88Anderson Electric Of Lamberton, Lamberton$71,900
88Anderson Electric Of Lamberton, Inc., Lamberton$71,900
90Minnesota Valley Agency LLC, Redwood Falls$68,968
91Muske, Suhrhoff & Pidde, Ltd, Springfield$68,797
92Minnesota Valley Agency, LLC, Redwood Falls$68,000
93Unlimited Success Iv Inc., Redwood Falls$67,977
94Jack Larson Seed Inc, Clements$63,332
95Serenity Suites Senior Living Wabasso, Wabasso$63,100
96Southwest Sales And Service, LLC., Redwood Falls$63,000
97Samyn Seeds Inc, Redwood Falls$62,400
98Robert Salfer, Wabasso$61,178
99Blomeke Construction, Inc., Morgan$58,726
100Boney Trucking, L.L.C., Belview$58,500

How the list is drawn

  • 100 of the 1,676 borrowers ranked in Redwood 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 Redwood 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

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