| Ely-Bloomenson Community Hospital & Nursing Home Corporation | Health Care and Social Assistance | $2,279,200 | $1,506,675 | 111 | N/A |  Research |
| Zupancich Bros. Inc. | Retail Trade | $1,009,400 | $468,569 | 244 | $60.9M | Research |
| Louis Leustek & Sons, Inc. | Construction | $522,551 | $528,192 | 18 | $6.7M | Research |
| Grand Ely Lodge LLC | Accommodation and Food Services | $491,050 | $494,446 | 58 | $18.1M | Research |
| Grand Ely Lodge, LLC | Accommodation and Food Services | $350,750 | $354,004 | 72 | $22.5M | Research |
| Boundary Waters Care Center | Health Care and Social Assistance | $342,000 | $344,670 | 50 | N/A | Research |
| Zup's of Silver Bay INC | Retail Trade | $304,300 | $305,290 | 60 | $15.0M | Research |
| Razor Edge Systems, Inc. | Manufacturing | $256,500 | $258,271 | 24 | $5.9M | Research |
| Northeastern Minnesotans for Wilderness | Other Services (except Public Administration) | $227,675 | $228,845 | 16 | N/A | Research |
| Piragis Northwoods Company | Wholesale Trade | $227,560 | $228,825 | 23 | $7.0M | Research |
| Ely Steakhouse INC | Accommodation and Food Services | $200,516 | $201,609 | 30 | $5.3M | Research |
| Ely Carefree Living Inc. | Health Care and Social Assistance | $199,887 | $200,875 | 33 | $5.6M | Research |
| Ely Veterinary Clinic, Incorporated | Professional, Scientific, and Technical Services | $157,425 | $158,322 | 11 | <$5M | Research |
| Boathouse Brewery, LLC | Manufacturing | $151,025 | $138,764 | 22 | $7.8M | Research |
| W-V Inc. | Accommodation and Food Services | $148,673 | $149,390 | 11 | <$5M | Research |
| Ely Steakhouse INC | Accommodation and Food Services | $143,495 | $144,418 | 30 | $5.3M | Research |
| G-Men Enviromental Services, Inc. | Administrative and Support and Waste Management | $141,107 | $142,217 | 17 | <$5M | Research |
| Low Impact Excavators Incorporated | Construction | $135,115 | $135,674 | 13 | <$5M | Research |
| Steger Designs, Inc. | Manufacturing | $135,000 | $135,806 | 32 | $11.3M | Research |
| Low Impact Excavators INC | Construction | $133,300 | $134,439 | 15 | $5.1M | Research |
| Mike Nielsen Logging, INC | Agriculture, Forestry, Fishing and Hunting | $128,715 | $129,634 | 12 | <$5M | Research |
| Ely Northland Market, INC | Retail Trade | $128,000 | $128,831 | 30 | $7.5M | Research |
| The Pebble Spa Co. | Arts, Entertainment, and Recreation | $125,000 | $126,198 | 28 | <$5M | Research |
| Voyaguer Lumber, Inc. | Retail Trade | $115,700 | $117,054 | 7 | <$5M | Research |
| Mike Nielsen Logging INC | Agriculture, Forestry, Fishing and Hunting | $112,625 | $113,004 | 14 | <$5M | Research |