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PPP loans in Renville County, Minnesota

Each amount is what the Small Business Administration approved, as SBA published it, and says nothing more about the borrower. SBA guaranteed 1,616 Paycheck Protection Program loans for businesses it recorded in Renville County, $58.8 million in all.

Renville County, as of September 30, 2024

$58.8 million
Approved
$58,784,607
0.4% of the $16.6 billion approved in Minnesota.
1,616
Loans
1,229 first draws and 387 second draws.
99.6%
Forgiven
1,609 of 1,616 loans carry a forgiveness amount, $59.0 million in all.
0.2%
Charged off
4 of 1,616 loans, approved for $75.2 thousand. That is the loans' size, not what SBA lost.

The largest borrowers in Renville County · 2020–21

1 more column on a wider screen

The largest borrowers in Renville County, 2020–21
RankNameUSD
1Southern Minnesota Beet Sugar Cooperative, Renville$10.0 million
2Jackpot Junction Casino Hotel, Morton$3.7 million
3Duane Kottke Trucking Corp, Buffalo Lake$1.8 million
4Loftness Specialized Farm Equipment Inc., Hector$1.1 million
5Rural Computer Consultants, Inc., Bird Island$847.3 thousand
6Renville Health Services, Renville$813.2 thousand
7Schweiss Distributing Inc., Hector$629.1 thousand
8Kottke Trucking, Inc., Buffalo Lake$614.5 thousand
9Schweiss Distributing Inc, Hector$571.5 thousand
10Revier Cattle Company, Olivia$475.7 thousand
11Mpjt, LLC, Hector$427.8 thousand
12Olivia Operations LLC, Olivia$375.2 thousand
133Mg North LLC, Olivia$353.7 thousand
14Franklin Operations LLC, Franklin$347.4 thousand
15Thorco Inc, Granite Falls$333.6 thousand
16Jeff Stamer Farms Partnership, Hector$331.2 thousand
17K & S Millwrights Inc, Buffalo Lake$317.5 thousand
18Renville County Community Residence Inc., Bird Island$316.8 thousand
19Fairfax Community Home, Inc., Fairfax$313.4 thousand
20Tersteeg Transport Inc., Olivia$293.1 thousand
21Community Electric Inc., Renville$281.9 thousand
22Bird Island Soil Service Center, Bird Island$245.0 thousand
23Community Electric, Inc., Renville$227.5 thousand
24Sj Jacobs & Sons Inc, Bird Island$225.5 thousand
25Farmers Co-Op Oil Company Of Renville, Renville$216.3 thousand
26Farmers Co-Op Oil Company Of Renville, Renville$208.4 thousand
27Hector Farms Iii Family Partnership, Hector$205.8 thousand
28Sullivan Family Farms Inc, Franklin$202.8 thousand
29Minnesota Feed Distributors Inc., Granite Falls$193.2 thousand
30Nosbush Dairy, LLP, Fairfax$186.3 thousand
31The Church Of St. Mary Of Bird Island, Minnesota, Bird Island$174.9 thousand
32Watson Partners, Renville$172.6 thousand
33Ervin Well Company Inc, Olivia$167.4 thousand
34Weis Oil Company, Bird Island$162.5 thousand
35Charles Melberg, Buffalo Lake$151.3 thousand
36Olivia Chrysler Center, Olivia$150.3 thousand
37A &T Septic And Excavating Services Inc, Olivia$150.1 thousand
38George G. Paur Agency, Inc., Bird Island$144.0 thousand
39Weis Oil Company, Bird Island$141.5 thousand
40Beaver Creek Transport Inc, Olivia$139.6 thousand
41Taylor & Katie Inc., Olivia$136.7 thousand
42Greg Schultz Tiling Inc., Hector$136.5 thousand
43Step Saver Inc, Morton$136.4 thousand
44Beaver Creek Transport, Inc, Olivia$134.5 thousand
45Adult Client Training Service, Inc., Olivia$133.4 thousand
46M & B Farms LLC, Hector$132.7 thousand
47Kraft Walser Law Office Pllp, Olivia$130.3 thousand
47Kraft Walser Law Office, Pllp, Olivia$130.3 thousand
49Scott And Randy Tersteeg Farms, Olivia$130.0 thousand
50Steffel Farms LLC, Olivia$128.9 thousand
51Gordy Serbus & Sons Gravel LLC, Redwood Falls$125.9 thousand
52Jakel Trucking LLC, Sacred Heart$125.6 thousand
53Greg Schultz Tiling, Inc, Hector$118.7 thousand
54Taylor & Katie, Inc., Olivia$116.1 thousand
55Bruns Farms Inc, Renville$115.2 thousand
56Mei Trucking LLC, Bird Island$114.8 thousand
57Adult Client Training Service Inc, Olivia$114.6 thousand
58Macik Trucking LLC, Hector$114.6 thousand
59Kramer Storage & Maintenance Inc, Hector$114.3 thousand
60Aei LLC, Renville$112.6 thousand
60Aei, LLC, Renville$112.6 thousand
62Mei Trucking, LLC, Bird Island$112.5 thousand
63Moorse Dental Psc, Olivia$103.3 thousand
64Tersteeg Corporation, Olivia$102.4 thousand
65Henslin Auctions, Inc, Bird Island$101.9 thousand
66Sheehan's Gas Company, Bird Island$100.0 thousand
67Sheehan's Gas Company, Bird Island$99,117
68Paul Schlueter, Buffalo Lake$96,281
69McNamara Enterprises, Inc., Bird Island$96,200
70Thurston, Inc, Olivia$93,500
71Vine Valley Farms Inc., Stewart$85,600
72Northern Plumbing & Heating, Inc., Olivia$84,500
72Northern Plumbing And Heating Inc, Olivia$84,500
74J&R Electric Inc, Sacred Heart$83,600
75Westfield Dental P.A., Hector$82,640
76Westfield Dental Pa, Hector$82,500
77Freiborg Farms LLC, Sacred Heart$82,211
78Mor Pork, Inc, Redwood Falls$82,100
79J & K Enterprises LLC, Fairfax$81,858
80Island Construction Inc, Bird Island$80,400
81Hagen Partners, Renville$80,397
82Hagen Partners, Renville$80,300
83Finish Line Seed, Inc., Bird Island$80,000
84J & K Enterprises L.L.C., Fairfax$79,071
85Country Wide Lumber, Ltd., Hector$78,675
86Revier Feedlot Inc, Olivia$77,200
87J & R Electric, Inc, Renville$76,000
88Olinger Sales & Service Inc, Hector$74,540
89R & R Diesel Truck Repair Services LLC, Renville$74,500
90Darryl Ilgen Contracting, Inc., Hector$74,090
91Carlson's Collision & Glass, Inc., Hector$73,700
92Hinderks Chiropractic, Pa, Renville$71,600
93Bart Estum, Renville$71,050
94O & S Construction, Inc., Bird Island$70,015
95Rolling Acres Golf Club, Inc, Buffalo Lake$69,100
96Russel Blad, Bird Island$68,100
97Dirks-Blem Funeral Service Inc, Olivia$66,323
98Tisdell Ag Partnership, Olivia$65,900
99Minnesota Valley Communications, Inc., Franklin$65,068
100Minnesota Valley Telephone Co., Franklin$63,397

How the list is drawn

  • 100 of the 1,411 borrowers ranked in Renville 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 Renville 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