Record · County

PPP loans in Yellow Medicine County, Minnesota

Each amount is what the Small Business Administration approved, as SBA published it, and says nothing more about the borrower. SBA guaranteed 1,454 Paycheck Protection Program loans for businesses it recorded in Yellow Medicine County, $36.7 million in all.

Yellow Medicine County, as of September 30, 2024

$36.7 million
Approved: $36,657,467; 0.2% of the $16.6 billion approved in Minnesota.; 1,454
Loans: 966 first draws and 488 second draws.; 99.7%
Forgiven: 1,449 of 1,454 loans carry a forgiveness amount, $36.8 million in all.; 0.2%
Charged off: 3 of 1,454 loans, approved for $54,938. That is the loans' size, not what SBA lost.

The largest borrowers in Yellow Medicine County · 2020–21

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The largest borrowers in Yellow Medicine County, 2020–21
Rank	Name	USD	Loans
1	Prairie's Edge Casino Resort, Granite Falls	$2.6 million$2,649,300	1
2	Reverence For Life And Concern For People, Inc, Granite Falls	$1.4 million$1,432,200	1
3	Granite Falls Energy LLC, Granite Falls	$703,900	1
3	Granite Falls Energy, LLC, Granite Falls	$703,900	1
5	Farmers Cooperative Elevator, Hanley Falls	$687,300	1
6	Farmers Co-Operative Oil Company Of Echo, Echo	$681,100	1
7	Par Piping & Fabrication LLC, Granite Falls	$504,000	1
8	Par Piping & Fabrication LLC, Granite Falls	$479,000	1
9	Clarkfield Care Center, Clarkfield	$401,272	1
10	Minnesota Valley Television Improvement Corporation, Granite Falls	$364,000	1
11	Canby Farmers Grain Company, Canby	$354,927	1
12	Smi & Hydraulics Inc, Porter	$352,500	1
13	Smi & Hydraulics Inc, Porter	$324,342	1
14	West Central Minnesota Educational Television Company, Granite Falls	$252,207	1
15	West Central Minnesota Educational Television Company, Granite Falls	$237,500	1
16	Jaenisch Trucking Inc, Granite Falls	$190,500	1
17	Jims Super Valu Of Canby Inc, Canby	$182,007	1
18	Granite Fluid Power Machnining, Granite Falls	$179,100	1
19	D&D Schwerin Inc., Wood Lake	$174,000	1
20	Jaenisch Trucking Inc, Granite Falls	$159,510	1
21	Granite Falls Foods, Inc, Granite Falls	$155,500	1
22	Clarkfield Enterprises, Inc., Clarkfield	$154,400	1
23	Every Child Has Opportunities Charter School, Echo	$148,505	1
24	Clarkfield Enterprises Inc., Clarkfield	$137,313	1
25	Tjosvold Equipment, Inc., Granite Falls	$136,700	1
26	Canby Drug And Gift Inc, Canby	$127,677	1
27	National Independent Health Club Association, Granite Falls	$113,200	2
28	Granite Falls Eyecare, Inc, Granite Falls	$111,500	1
28	Granite Falls Family Eyecare Inc, Granite Falls	$111,500	1
30	Kockelman Construction Inc, Canby	$111,140	1
31	Kockelman Construction, Inc, Canby	$108,400	1
32	Canby Developmental Achievement Center, Canby	$101,812	1
33	Consumers Cooperative Oil Company Of Clarkfiled, Clarkfield	$100,800	1
34	Posen Livestock Company General Partnership, Wood Lake	$96,500	1
35	Consumers Cooperative Oil Company Of Clarkfield, Clarkfield	$88,300	1
36	Gzorkio's Inc, Canby	$87,048	1
37	H&H Construction Inc, Granite Falls	$85,117	1
38	Pederson Farms Trucking, Echo	$82,800	1
39	H&H Construction, Inc., Granite Falls	$82,300	1
40	Lakeside Companion Animal Clinic PLLC, Cottonwood	$82,075	1
41	Canby Developmental Achievement Center, Canby	$79,546	1
42	Hope Lee-Doom, Canby	$76,737	1
43	B-C-H Enterprises LLP, Boyd	$75,805	1
44	Wood Lake Lumber, Inc., Wood Lake	$75,205	1
45	Austen Citrowske, Canby	$74,508	3
46	Gfdq Inc, Granite Falls	$74,000	1
47	Ryan Christopherson, Clarkfield	$72,142	1
48	Jc & Sons Hardware, Inc, Granite Falls	$71,500	1
49	Johannes Huntjens, Wood Lake	$70,400	1
50	St. Peter Church, Canby	$67,154	1
51	Century Farm Organics LLC, Clarkfield	$64,866	1
52	Granite Falls Lutheran Church, Granite Falls	$64,100	1
53	Michael Hinz, Wood Lake	$63,534	2
54	Cleveland Chevrolet Inc, Canby	$63,060	1
55	David Loe, Hanley Falls	$62,235	2
56	Gzorkio's, Inc, Canby	$62,177	1
57	F & M Insurance Agency, Inc., Clarkfield	$61,483	1
58	Kec Of Granite Falls Inc, Granite Falls	$58,100	1
59	Century Farm Organics, LLC, Clarkfield	$57,500	1
60	Robert F Danielowski Pa, Granite Falls	$57,000	1
61	My Three Sons Of Granite Falls, Granite Falls	$56,341	1
62	Kec Of Granite Falls Inc, Granite Falls	$55,900	1
63	Citrowske Farms Partnership, Canby	$52,376	2
64	Eischens Agnecy, Inc., Canby	$51,674	1
65	Martin Trucking LLC, Granite Falls	$51,500	1
66	Vlaminck Electric, Inc., Porter	$51,452	1
67	Paul Tol, Canby	$51,349	3
68	H.C. Birk, Inc, Canby	$51,200	1
69	Wesley Erickson, Granite Falls	$51,000	2
70	Reimer Investments LLC, Granite Falls	$49,900	1
71	Scott Verhelst Trucking Inc., Canby	$49,823	1
72	Scott Verhelst Trucking Inc., Canby	$49,822	1
73	Stevens Farms LLP, Hanley Falls	$49,790	1
73	Stevens Farms LLP, Hanley Falls	$49,790	1
75	Enstad Brothers Partnership, Granite Falls	$49,700	1
76	Aus Floors & More Inc., Granite Falls	$49,500	1
77	Schlenner Construction Co, Clarkfield	$48,500	1
78	K&K Tiling Inc., Clarkfield	$48,348	1
79	Puddle Jumpers Learning Center LLP, Granite Falls	$47,728	1
80	Tommy Listul, Clarkfield	$47,400	2
81	Cc Nelson LLC, Canby	$47,206	2
82	Hornick Construction LLC, Granite Falls	$46,700	2
82	Pederson Farms Trucking, Inc., Echo	$46,700	1
82	The Sawmill Inc., Granite Falls	$46,700	1
85	Lyle Kruse, Canby	$46,602	2
86	Ryan Christopherson, Clarkfield	$46,200	1
87	Dwayne S. Erickson, Granite Falls	$45,340	1
88	Canby Inn & Suites LLC, Canby	$45,143	1
89	Karl E Erickson DDS Pa, Granite Falls	$43,700	1
89	Karl E Erickson DDS Pa, Granite Falls	$43,700	1
91	Curtis Rangaard, Canby	$43,631	3
92	Charles Cole, Granite Falls	$43,333	2
93	Charles Timm, Cottonwood	$43,330	2
94	Knudson Brothers Partnership, Granite Falls	$42,500	1
95	Dallas Ryan Schroeder, Echo	$42,338	1
96	Douglas Hagen, Hanley Falls	$42,244	2
97	Kilo Sierra Investments Inc., Canby	$42,160	1
98	Rock Haven Church, Granite Falls	$42,000	1
99	Spud's One Stop, Inc., Canby	$41,770	1
100	Anhalt Plumbing And Heating, Inc., Canby	$41,700	1
100	Shannon Johnson, Hazel Run	$41,700	2

How the list is drawn

101 of the 1,194 borrowers ranked in Yellow Medicine 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 Yellow Medicine 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

SBA Paycheck Protection Program (PPP) FOIA — loan-level data — U.S. Small Business Administration · Public domain — U.S. Government work · retrieved September 25, 2026
Census Bureau county population estimates — U.S. Census Bureau · U.S. Government work · retrieved September 23, 2026

Compiled automatically from SBA Paycheck Protection Program (PPP) FOIA — loan-level data and Census Bureau county population estimates by a checked SQL query · Editor: Kian O'Connor · How this site is built

Data retrieved September 23, 2026

Yellow Medicine County, as of September 30, 2024

The largest borrowers in Yellow Medicine County · 2020–21

How the list is drawn

Related

Sources