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PPP loans in Spencer County, Indiana

Each amount is what the Small Business Administration approved, as SBA published it, and says nothing more about the borrower. SBA guaranteed 541 Paycheck Protection Program loans for businesses it recorded in Spencer County, $41.6 million in all.

Spencer County, as of September 30, 2024

$41.6 million
Approved
$41,645,588
0.3% of the $13.8 billion approved in Indiana.
541
Loans
456 first draws and 85 second draws.
98.5%
Forgiven
533 of 541 loans carry a forgiveness amount, $41.5 million in all.
1.3%
Charged off
7 of 541 loans, approved for $70.6 thousand. That is the loans' size, not what SBA lost.

The largest borrowers in Spencer County · 2020–21

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The largest borrowers in Spencer County, 2020–21
RankNameUSD
1Koch Development Corporation, Santa Claus$4.7 million
2Spencer Industries Incorporated, Dale$3.4 million
3Winkler, Inc., Dale$2.5 million
4Thermwood Corporation, Dale$1.7 million
5Saint Meinrad Archabbey, Saint Meinrad$1.4 million
6Corn Island Shipyard, Inc., Lamar$1.4 million
7Time Dedicated Carriers, Inc, Rockport$1.3 million
8Automated Routing Inc, Saint Meinrad$1.2 million
9Automated Routing, Inc, Saint Meinrad$1.2 million
10Perry-Spencer Rural Telephone Cooperative, Saint Meinrad$1.1 million
11Rockport Roll Shop LLC, Rockport$870.8 thousand
12Core Of Huntingburg, Dale$836.1 thousand
13A/T Transportation, Ferdinand$762.5 thousand
14Sceptre Mechanical Inc, Rockport$634.0 thousand
15Sceptre Mechanical Inc, Rockport$634.0 thousand
16Diamond J Trucking LLC, Grandview$483.2 thousand
17G&M Mechanical & Erectors Inc, Rockport$412.5 thousand
18Foertsch Construction Co. Inc., Lamar$409.9 thousand
19Communication Logistics Inc, Ferdinand$407.5 thousand
20American Service Group, Inc., Rockport$338.6 thousand
21Flatridge Inc, Rockport$335.5 thousand
21Flatridge, Inc., Rockport$335.5 thousand
23G & M Mechanical & Erectors Inc, Rockport$335.5 thousand
24Riverview Surgery Center, LLC, Rockport$320.7 thousand
25Maddox Industrial Contracting LLC, Santa Claus$266.2 thousand
26Maddox Industrial Contracting LLC, Santa Claus$258.4 thousand
27Foertsch Marine Services, LLC, Lamar$212.2 thousand
28Universal Package LLC, Dale$209.4 thousand
29Sternberg Ford, Inc., Dale$194.4 thousand
30Intrepid Professional Group Inc, Gentryville$185.3 thousand
31Lamar Management Services, Inc., Lamar$184.6 thousand
32Saint Bernard Catholic Church Co., Rockport$183.2 thousand
33Bulldog Diving Inc, Rockport$181.4 thousand
34Industrial Environmental Inc, Rockport$177.1 thousand
35Bulldog Diving Inc, Rockport$177.0 thousand
35Leibering & Sons, Inc, Lamar$177.0 thousand
37Industrial Environmental, Inc., Rockport$174.0 thousand
38Ken Shourds Equipment Inc, Rockport$151.8 thousand
39Complete Lawn Care & Landscaping LLC, Dale$149.6 thousand
40Dawson Machine Shop Inc, Rockport$142.4 thousand
41Grandview Aluminum Products Inc, Grandview$141.7 thousand
41Grandview Aluminum Products, Inc., Grandview$141.7 thousand
43Kelley Trucking LLC, Rockport$141.2 thousand
44American Whitetail, Inc., Ferdinand$137.2 thousand
45Johns Tractor Service Inc, St Meinrad$136.0 thousand
46American Whitetail Inc., Ferdinand$134.8 thousand
47Rudolph Brothers Implement Inc, Rockport$128.6 thousand
47Rudolph Brothers Implement, Inc, Rockport$128.6 thousand
49Kelley Trucking, LLC, Rockport$127.5 thousand
50Dawson Machine Shop Inc, Rockport$121.0 thousand
51B & S Roofing Inc.,, Richland$120.5 thousand
52Gruber Industries, LLC, Lamar$119.8 thousand
53Midwest Ag Systems Inc., Rockport$119.7 thousand
54Foertsch Contracting, LLC, Lamar$119.1 thousand
55Turner Rx Inc, Dale$110.8 thousand
56Hoople Country Kitchens, Inc., Rockport$109.9 thousand
57H & R Aluminum Co Inc, Ferdinand$108.2 thousand
58Freedom Industrial Welding LLC, Rockport$101.4 thousand
59Tri-Plastics, Inc., Dale$98,200
60Bosecker Excavating, LLC, Rockport$90,000
61Brian Rahman, Ferdinand$85,600
62Bosecker Excavating LLC, Rockport$83,500
63J & R Equipment, Dale$72,200
64Meadors Construction LLC, Lincoln City$72,000
65Kendall Truck Sales, Rockport$69,859
66T4 Industrial Tool LLC, Rockport$67,973
67T4 Industrial Tool LLC, Rockport$67,900
68Freedom Industrial Welding LLC, Rockport$67,675
69Boultinghouse Funeral Home LLC, Rockport$67,248
70Berg's Big Truck Shop, Ferdinand$66,847
71Vogel Seed Farm Inc, Rockport$66,114
72Reo Family Dental LLC, Rockport$64,330
73Obermeier Hardware And Rental Incorporated, Rockport$64,300
74Reo Family Dental, LLC, Rockport$64,238
75M & M Metal Works LLC, Evanston$63,900
76Affinity Insurance Group, LLC, Rockport$62,200
77Anoopam Inc, Dale$62,177
78Ruxer Furniture And Appliance Inc, St Meinrad$61,595
79Santa Claus Family Dentistry Pc, Santa Claus$60,100
80Jaws Collision Center Inc, Santa Claus$59,917
81Santa Claus Family Dentistry, Santa Claus$59,800
82Jaw's Collision Center, Inc., Santa Claus$59,700
82Santa's Cottages LLC, Santa Claus$59,700
84Dennis Fueger, Boonville$59,202
85Mullis Custom Homes, Inc., Santa Claus$59,100
86Schum Monuments, Inc., Dale$58,600
87Jak Glass, Inc., Dale$58,000
88Gogel Construction Company Inc., Ferdinand$57,400
89St Johns Lutheran Church Inc Of Evanston Indiana, Evanston$56,887
90Stone Ridge Station Inc, Santa Claus$55,000
91William L Tempel, Gentryville$53,600
92Steve Lindauer, Richland$52,500
93Nicholas Olinger, Dale$51,800
93Nicholas Olinger, DMD, Dale$51,800
95Poth Transportation, Inc, Lincoln City$50,000
96Santa Claus United Methodist Church, Santa Claus$49,200
97John Skimmerhorn, Grandview$48,675
98Lincoln Land Auto Parts LLC, Mariah Hill$48,600
99Lincoln Land Auto Parts, LLC, Mariah Hill$48,500
100Dennis W Fueger, Boonville$48,200

How the list is drawn

  • 100 of the 521 borrowers ranked in Spencer 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 Spencer 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