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PPP loans in Traverse County, Minnesota

Each amount is what the Small Business Administration approved, as SBA published it, and says nothing more about the borrower. SBA guaranteed 475 Paycheck Protection Program loans for businesses it recorded in Traverse County, $14.9 million in all.

Traverse County, as of September 30, 2024

$14.9 million
Approved
$14,914,607
0.1% of the $16.6 billion approved in Minnesota.
475
Loans
340 first draws and 135 second draws.
99.8%
Forgiven
474 of 475 loans carry a forgiveness amount, $14.7 million in all.
0.2%
Charged off
1 of 475 loans, approved for $15.6 thousand. That is the loans' size, not what SBA lost.

The largest borrowers in Traverse County · 2020–21

1 more column on a wider screen

The largest borrowers in Traverse County, 2020–21
RankNameUSD
1Wheaton-Dumont Coop Elevator, Wheaton$1.9 million
1Wheaton-Dumont Coop Elevator, Wheaton$1.9 million
3Browns Valley Health Center, Browns Valley$443.3 thousand
4Legacy Senior Services, Wheaton$399.6 thousand
5Raguse Family Partnership, Wheaton$389.9 thousand
6B.W. Incorporated (Backer Wencel Incorporated), Browns Valley$176.6 thousand
7Raguse Family Partnership, Wheaton$173.7 thousand
8Bauer Countryside Ag Service, Inc, Graceville$158.9 thousand
9Serocki Excavating, Inc, Browns Valley$154.4 thousand
10Dst Transport, LLC, Wheaton$101.9 thousand
11J&K Tool Company Inc, Wheaton$93,495
12Progressive Farms, LLC, Tintah$92,679
13Twin Valley Tire Of Wheaton, Inc., Wheaton$91,500
14Scc Custom Molding LLC, Wheaton$84,000
15K&K Farms Of Wheaton, Wheaton$78,400
16Jeffery Boom, Wheaton$75,465
17Dale Zych, Beardsley$74,824
18Michael R Marchetti, DDS, Wheaton$73,300
19Rinke Custom Harvesting LLP, Wheaton$73,269
20Michael J Toelle, Browns Valley$70,387
20Michael Toelle, Browns Valley$70,387
22Wheaton Foods, Inc., Wheaton$69,262
23Larson Oil, Wheaton$65,900
24Brink Farms, Dumont$65,500
25Whaley Excavating Inc, Wheaton$65,400
26Sykora Harvesting And Trucking LLC, Wheaton$59,375
27Robert Toelle, Browns Valley$56,427
28Brink Farms, Dumont$56,223
29Whaley Excavating Inc., Wheaton$54,630
30Dozak Drug LLC, Wheaton$53,800
31Loren Pederson, Johnson$52,308
32Matthew Spindler, Browns Valley$52,109
33Lande's High Prairie Farm Inc., Wheaton$52,010
34Lande's High Prairie Farm, Inc., Wheaton$51,842
35Christine Morgan, Tintah$51,400
35Vaughn Maudal, Wheaton$51,400
37David Michael Tritz And Kristin Lea Tritz, Dumont$50,312
38Curtis Braun, Wheaton$49,948
39Good Shepherd Lutheran Church, Wheaton$48,656
40Scott Gilsdorf, Dumont$46,831
41Felix Frisch & Sons, Inc, Dumont$45,960
42Browns Valley Hardware Hank, I, Browns Valley$45,270
43Donnelly Agency Inc., Wheaton$45,000
44David Duffield, Browns Valley$41,667
44David Metz, Browns Valley$41,667
44Dennis Duffield, Browns Valley$41,667
44Jeffrey G. Nelson, Browns Valley$41,667
44Kaden Zych, Beardsley$41,667
44Michael Murphy, Graceville$41,667
44Sheldon Zych, Beardsley$41,667
51Rodney G. Thiel, Dumont$41,666
52Brian Tritz, Graceville$41,666
52Gavin Young, Wheaton$41,666
52Kevin Deal, Herman$41,666
52Mitchell Findlay, Wheaton$41,666
56Brent Pederson, Dumont$41,666
57Michael Hervey, Wheaton$41,665
57Travor Timm, Wheaton$41,665
59Joseph Dietz, Dumont$41,665
59Timothy Gronfeld, Johnson$41,665
61Dennis Sykora, Wheaton$41,664
61Grf Farms Inc, Dumont$41,664
61Jeffrey A. Young, Norcross$41,664
61Joel Kuschel, Browns Valley$41,664
61Keith Wilts, Wheaton$41,664
61Kyle McKinley, Beardsley$41,664
61Matthew Kleindl, Graceville$41,664
61Robert Asfeld, Beardsley$41,664
61Steven Grimes, Dumont$41,664
61William Grimes, Dumont$41,664
71Goodhart Excavating Inc, Browns Valley$41,437
72Terry Miller, Browns Valley$40,615
73Marilyn Mathias, Wheaton$40,404
74Richard Stueve, Dumont$40,132
75Gary Yost, Wheaton$38,550
76Benjamin Anderson, Graceville$38,475
77Christeson Farms Inc., Graceville$38,234
78Gary Smith, Beardsley$38,174
79Keller Ag, Tintah$37,374
80Sag's Hardware, LLC, Wheaton$37,000
81Raguse Bus Lines, Inc., Wheaton$35,600
82Mitteness Chiropractic Clinic, Wheaton$35,400
83Kelly Schultz, Wheaton$34,813
84Bethlehem Covenant Church, Wheaton$34,500
85Jon Mathias, Wheaton$34,166
86Reinart Bros Well Drilling Inc, Wheaton$32,920
87Raguse Bus Lines Inc., Wheaton$32,162
88Hasbargen Farming Partnership, Wheaton$32,000
89Gerald Leo Murphy, Beardsley$31,958
90Murphy Seeds, Inc., Beardsley$31,900
91Robert Toelle, Browns Valley$31,810
92Randal Jon Tritz, Dumont$31,778
93Patrick Murphy, Graceville$31,719
94Milo Tritz, Dumont$31,242
95Sykora Harvesting And Trucking LLC, Wheaton$31,155
96Main Street Motors Inc, Wheaton$30,430
97Main Street Motors Inc., Wheaton$30,000
98Curtis Braun, Wheaton$29,934
99Lyle Pederson, Dumont$29,580
100Joanne Tritz, Dumont$29,025

How the list is drawn

  • 100 of the 420 borrowers ranked in Traverse 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 Traverse 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