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PPP loans in Steele County, North Dakota

Each amount is what the Small Business Administration approved, as SBA published it, and says nothing more about the borrower. SBA guaranteed 314 Paycheck Protection Program loans for businesses it recorded in Steele County, $11.2 million in all.

Steele County, as of September 30, 2024

$11.2 million
Approved
$11,226,196
0.4% of the $2.9 billion approved in North Dakota.
314
Loans
224 first draws and 90 second draws.
99.4%
Forgiven
312 of 314 loans carry a forgiveness amount, $11.3 million in all.
0.3%
Charged off
1 of 314 loans, approved for $6.4 thousand. That is the loans' size, not what SBA lost.

The largest borrowers in Steele County · 2020–21

1 more column on a wider screen

The largest borrowers in Steele County, 2020–21
RankNameUSD
1Hope Electric Inc., Hope$826.3 thousand
2Hope Electric, Inc., Hope$750.0 thousand
3Lakeside Construction And Services Inc., Finley$600.9 thousand
4Finley Farmers Grain & Elevator Company, Finley$591.9 thousand
5Finley Farmers Grain & Elevator Company, Finley$591.9 thousand
6Lakeside Construction Inc, Finley$580.0 thousand
7Finley Motors Incorporated, Finley$381.5 thousand
8Fetting's Frozen Foods LLC, Finley$275.1 thousand
9Fettings Frozen Foods, Finley$261.8 thousand
10Town & Country Co-Op Of Steele County, Finley$168.2 thousand
11Town And Country Coop Of Steele County, Finley$154.1 thousand
12Tsr Parts Inc, Colgate$101.6 thousand
13La Rinascente Pasta LLC, Hope$99,650
14Keith Ihry, Hope$96,193
15Rzs Enterprises Inc, Finley$90,192
16Amb Brothers Feed And Grain, Portland$80,636
17Tsr Parts Inc, Colgate$80,268
18Ridgeline Farm, Aneta$70,900
19Lucas Carlson, Finley$67,899
20Kristopher Satrom, Page$65,450
21David Johnson, Luverne$62,500
22Ag Warehouse Inc, Sharon$59,999
23Gary Nelson, Luverne$54,882
24Heggy's Inc, Finley$54,730
25Scott Pedersen, Luverne$54,591
26Thykeson Farms Inc., Portland$53,396
27Mewes Farms Inc, Hope$50,800
28John Mikkelson, Aneta$48,617
29T & A Erickson Farms Inc., Hatton$48,280
30Farmer Union Oil Co. Of Hope, Hope$47,000
30Farmers Union Oil Co. Of Hope, Hope$47,000
32Michael Whitmore, Hope$46,753
33Darwin Haugaard, Hope$45,533
34Erbstoesser Farms Inc, Clifford$43,766
35Jerry Hashbarger, Hope$42,514
36Michael Overland, Hope$41,667
37Kyle Funseth, Hatton$41,666
38Mikayla Johnson, Sharon$41,665
39Ben Johnson, Sharon$41,664
39Lucas Juliuson, Hope$41,664
39Matthew Powell, Hope$41,664
39Ordean Knudson, Portland$41,664
43Brian Grandalen, Portland$41,633
43Dennis Rindy, Portland$41,633
45Jay Anderson, Portland$41,633
46Plumbing Heating And Dirt Work Pros LLC, Portland$40,431
47Jeffrey Juliuson, Hope$40,417
48Mark Pedersen, Luverne$39,755
49Kyle Zerface, Hope$39,333
50Skjoiten Farms Inc, Hatton$38,310
51Peter Ness, Sharon$38,000
52Stephanie Stein, Finley$36,100
53Lance Fugleberg, Portland$36,042
54Griggs-Steele Empowerment Zone, Finley$35,860
55Jeremy Johnson, Sharon$35,075
56Chad & Shannon Elbert Jv, Hope$34,800
57Chad & Shannon Elbert Jt Venture, Hope$32,965
58Donald Nygaard, Sharon$32,917
59Jason Strand, Portland$32,600
60Randy J Ness, Hatton$32,460
61Perry Ostmo, Sharon$32,100
62Tor F Bergstrom, Hope$31,933
63Skjoiten Farms, Inc., Hatton$31,900
64Daniel Motter, Clifford$31,812
65Lori Kingston, Hope$31,000
66John Motter, Hope$30,812
67Jason Carlson, Finley$30,427
68Richards And Judisch Farms Partnership, Hope$30,412
69John Carlson, Finley$30,275
70Richards & Judisch Farms Partnership, Hope$29,939
71Bobby Lee, Sharon$29,100
71Lee Honey Farm, Sharon$29,100
73Tor Bergstrom, Hope$28,425
74Josh Ostenson, Finley$28,100
75James Law, Finley$27,178
76Joshua Ihry Farm, Hope$27,174
77Johnson Stock Farm Jv, Sharon$26,217
78James Ihry, Hope$25,932
79Michael W. Steinke, Hope$25,800
80Paul Hanson, Portland$25,469
81Paul Elston, Hope$25,415
82Benjamin Vig, Sharon$25,100
83Michael Steinke, Hope$25,082
84Don Goughnour, Finley$24,867
85Richard Thompson, Sharon$24,700
86Brian Lyste, Finley$24,400
86Timothy Lyste, Finley$24,400
88Brandon M Roller, Hope$24,195
89John Jacobson, Hatton$23,572
90Innovation Ag LLC, Hope$23,498
91David K Nygaard, Finley$23,489
924 B's Seed Farm Inc., Hope$23,317
934 B's Seed Farm, Inc., Hope$23,300
94Matthew Nelson, Luverne$23,208
95Shannon Bergstrom, Hope$23,169
96Brent Lyste, Finley$22,800
97S & D Auto Repair, Finley$22,400
98Larry K. Carlson, Finley$22,291
99Dana K Carlson, Finley$22,291
100Hope Early Learning Center, Hope$22,270

How the list is drawn

  • 100 of the 280 borrowers ranked in Steele 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 Steele 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