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PPP loans in Swift County, Minnesota

Each amount is what the Small Business Administration approved, as SBA published it, and says nothing more about the borrower. SBA guaranteed 965 Paycheck Protection Program loans for businesses it recorded in Swift County, $34.4 million in all.

Swift County, as of September 30, 2024

$34.4 million
Approved
$34,400,110
0.2% of the $16.6 billion approved in Minnesota.
965
Loans
686 first draws and 279 second draws.
99.1%
Forgiven
956 of 965 loans carry a forgiveness amount, $34.5 million in all.
0.7%
Charged off
7 of 965 loans, approved for $105.2 thousand. That is the loans' size, not what SBA lost.

The largest borrowers in Swift County · 2020–21

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The largest borrowers in Swift County, 2020–21
RankNameUSD
1Appleton Area Health, Appleton$1.5 million
2Western Consolidated Cooperative, Holloway$1.4 million
3Glacial Plains Cooperative, Murdock$1.3 million
4Swift County Benson Hospital, Benson$1.3 million
4Swift County Benson Hospital District, Benson$1.3 million
6Chippewa Valley Ethanol Company, Benson$929.1 thousand
7Custom Roto-Mold, LLC, Benson$842.1 thousand
8Custom Roto-Mold LLC, Benson$733.4 thousand
9Agralite Electric Cooperative, Benson$714.7 thousand
10Chamberlain Oil Co Inc, Clontarf$608.6 thousand
11Willmar Fabrication LLC, Benson$557.0 thousand
12Loen Electric Inc., Benson$408.0 thousand
13Northern Geo, LLC, Appleton$398.1 thousand
14Orsten Turkeys Of Benson Inc, Benson$396.7 thousand
15Meadow Lane Operations LLC, Benson$396.6 thousand
16Heartland Ranch, Benson$347.2 thousand
17Bluestem Dental PLLC, Benson$327.8 thousand
18Northstar Express Inc, Benson$240.8 thousand
19Freetly Electric, Kerkhoven$214.8 thousand
20Independent School District 777, Benson$193.5 thousand
21B G Amundson Construction Inc, Benson$164.6 thousand
22Backstreet Media, Inc., Benson$157.0 thousand
23Stony Ridge Foods Inc, Benson$150.2 thousand
24Michael O'Leary Farms, Danvers$146.4 thousand
25Yost Farm Inc, Murdock$143.2 thousand
26H & H Veterinary Service Pa, Benson$137.9 thousand
27McKinney's On Southside Inc., Benson$127.9 thousand
28Midwestern Drilling LLC, Holloway$120.6 thousand
29Brustuen Construction LLC, Appleton$120.5 thousand
30Mattheisen Disposal Inc, Benson$118.6 thousand
31Do . Mat's Inc., Benson$115.1 thousand
32Collins Family Partnership, Murdock$112.2 thousand
33Swift County Homes Inc, Benson$110.9 thousand
34Swift Machine & Fab, LLC, Benson$110.8 thousand
35Martin Red Owl Inc, Benson$107.0 thousand
36Enviro-Dyne Industrial Services, Inc, Benson$105.6 thousand
37Enviro-Dyne Industrial Services Inc., Benson$105.5 thousand
38Shawn Tolifson, Benson$104.9 thousand
39Lsw Southside Development LLC, Benson$103.5 thousand
40Commerford Gravel, Inc, Danvers$103.1 thousand
41B&H Food Service Of Appleton Inc, Appleton$102.6 thousand
42Larson Enterprises Of Benson, Inc., Benson$101.2 thousand
43Gordon Farms Ii, Inc., Murdock$101.0 thousand
44Managing Success Inc., Benson$98,000
45Holleman Farms, Benson$96,200
46Appleton Oil Company Inc, Appleton$96,140
47Johnson Dairy Inc, Kerkhoven$96,030
48North Star Management LLC, Benson$95,500
49Whitney Rae Publishing, LLC, Benson$95,018
50Patrick's Pub & Grill LLC, Benson$93,400
51McKinney's On Southside, Inc., Benson$92,715
52Appleton Dental Care P.A., Appleton$91,485
52Appleton Dental Care, P.A., Appleton$91,485
54Swift County Developmental Achievement Center Inc, Benson$89,720
54Swift County Developmental Achievement Center, Inc, Benson$89,720
56Whitney Rae Publishing LLC, Benson$86,654
57Kevin Riley, Murdock$85,534
58Rode Farms, Benson$83,332
59Lsw Southside Development LLC, Benson$80,700
60Razink Gravel, Clontarf$80,650
61Stan Claussen, Benson$80,516
62Zniewski Funeral Home Inc, Benson$75,337
63Ascheman Oil, Inc., Danvers$74,392
64Hawleys Inc, Benson$73,400
65Lange Associates, Benson$73,052
66Don's Super Valu Of Appleton, Inc., Appleton$72,800
67Honebrink LLC, Benson$72,700
68Wojtalewicz Law Firm Ltd, Appleton$72,419
69Ascheman Oilinc, Danvers$71,452
70Managing Success, Inc., Benson$70,000
71Our Redeemer's Lutheran Church, Benson$69,600
72Southside Body Shop & Glass, Inc, Benson$69,357
73Brad Mitchell, Appleton$69,078
74Ascheman Propane, Inc., Danvers$68,410
75Ascheman Propane Inc, Danvers$67,375
76Village Ink Ltd, Kerkhoven$65,056
77North Star Housing LLC, Benson$65,000
78Ace Ag Inc, Murdock$64,390
79Gabriel House LLC, Murdock$63,000
80Rustad Tours Inc, Kerkhoven$62,929
81Stan Olson & Shawn Tolifson Construction LLC, Benson$61,684
81Stan Olson & Shawn Tolifson Construction LLC, Benson$61,684
83E & M Electric LLP, Benson$61,200
84Carruth Farms Inc, Danvers$59,934
85Grossman & Trump Inc., Benson$58,305
86B&H Food Service Of Appleton, Inc, Appleton$58,000
87Falk's Seed Farm, Inc, Murdock$56,500
88Daren Schuerman, Danvers$56,350
89Piotter Construction LLC, Milan$55,000
90Foslien Custom Harvesting Inc, Benson$54,961
91Pomme De Terre Post 4955, Appleton$53,595
92Collins Construction Co LLC, Kerkhoven$53,500
93Goff Electric Inc., Danvers$52,095
94Rustad School Bus Inc., Kerkhoven$51,797
95Hughes Trading Company Inc., Danvers$50,973
96Hughes Trading Company, Inc., Danvers$50,900
97Track Bar & Grill L.L.C., Benson$50,648
98Michelle Huettl, Degraff$50,648
99Michael Goff, Benson$50,392
99Philip Goff, Benson$50,392

How the list is drawn

  • 100 of the 806 borrowers ranked in Swift 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 2 borrowers.
  • A borrower is ranked here when SBA recorded its first loan in Swift 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