PPP Loans in Minnesota

225,357 Paycheck Protection Program loans totaling $16.6B were approved for businesses in Minnesota.

Total Loans

225,357

Total Approved

$16.6B

Jobs Reported

1,774,400

Total Forgiven

$16.3B

Cities in Minnesota

1,296 cities

City	Loans	Total Approved	Avg Loan	Jobs
Stanchfield	101	$2,394,169	$23,705	313
Lake Wilson	143	$2,385,874	$16,684	248
Bricelyn	102	$2,381,527	$23,348	210
New Germany	75	$2,378,028	$31,707	291
Barrett	66	$2,342,568	$35,493	221
Harris	78	$2,326,258	$29,824	382
Le Roy	146	$2,323,157	$15,912	304
Halstad	78	$2,317,682	$29,714	319
Bertha	90	$2,316,959	$25,744	229
Hartland	86	$2,307,104	$26,827	207
Barnum	64	$2,298,564	$35,915	398
Meadowlands	19	$2,289,164	$120,482	219
Inver Grove	48	$2,286,794	$47,642	242
Woodstock	95	$2,286,704	$24,071	220
Verndale	127	$2,278,026	$17,937	299
Rothsay	111	$2,254,618	$20,312	238
Altura	102	$2,254,616	$22,104	274
Collegeville	7	$2,253,666	$321,952	191
Lauderdale	17	$2,243,033	$131,943	316
Bellingham	101	$2,241,009	$22,188	171
Hoffman	102	$2,235,345	$21,915	247
Columbia Hts	47	$2,229,672	$47,440	351
Miltona	85	$2,228,985	$26,223	267
Trail	79	$2,178,521	$27,576	210
Boyd	117	$2,156,247	$18,429	209
Underwood	104	$2,153,595	$20,708	307
Wood Lake	120	$2,148,953	$17,908	238
Herman	108	$2,119,669	$19,627	244
Randolph	75	$2,107,666	$28,102	208
Kensington	79	$2,089,461	$26,449	179
Carlos	86	$2,086,099	$24,257	250
Swanville	126	$2,074,156	$16,462	301
Dennison	102	$2,063,712	$20,232	228
Belview	107	$2,061,417	$19,266	237
Mazeppa	116	$2,048,601	$17,660	256
Hanley Falls	85	$2,033,191	$23,920	175
Clinton	104	$2,014,399	$19,369	266
Milan	117	$2,013,573	$17,210	204
Orr	57	$1,997,452	$35,043	341
Ogilvie	108	$1,993,710	$18,460	269
Greenfield	6	$1,981,671	$330,279	105
Waubun	109	$1,979,572	$18,161	269
Gilbert	34	$1,978,869	$58,202	234
Franklin	90	$1,975,956	$21,955	182
Jeffers	107	$1,974,277	$18,451	175
Odessa	34	$1,973,756	$58,052	202
Fort Ripley	82	$1,967,803	$23,998	269
Dalton	72	$1,962,260	$27,254	217
Northome	94	$1,959,382	$20,844	220
Ellsworth	112	$1,951,941	$17,428	192
Lancaster	107	$1,937,475	$18,107	226
Spring Lk Pk	29	$1,936,726	$66,784	225
Marietta	91	$1,927,911	$21,186	151
Intl Falls	55	$1,925,076	$35,001	180
Erhard	56	$1,920,198	$34,289	221
Taunton	116	$1,909,125	$16,458	166
North St Paul	37	$1,906,483	$51,527	244
Lowry	73	$1,905,372	$26,101	201
Littlefork	31	$1,900,989	$61,322	217
Blomkest	51	$1,884,812	$36,957	165
Minnetonka Beach	2	$1,884,350	$942,175	260
Brooks	37	$1,879,916	$50,809	194
Zumbro Falls	86	$1,860,494	$21,634	255
Clements	63	$1,854,810	$29,441	163
Garden City	45	$1,840,979	$40,911	192
Willow River	47	$1,829,639	$38,928	211
Minnetonka,	1	$1,827,000	$1,827,000	95
Danvers	76	$1,823,020	$23,987	184
Osage	71	$1,822,604	$25,670	227
Echo	58	$1,805,144	$31,123	208
Sturgeon Lake	72	$1,799,637	$24,995	252
Ghent	85	$1,775,585	$20,889	177
Silver Lake	98	$1,767,036	$18,031	210
Audubon	103	$1,762,716	$17,114	212
Silver Bay	35	$1,760,964	$50,313	379
Hills	85	$1,759,948	$20,705	217
Plummer	78	$1,746,477	$22,391	175
Dakota	57	$1,744,889	$30,612	150
Wilmont	94	$1,710,570	$18,198	146
Utica	77	$1,696,804	$22,036	169
Milroy	104	$1,691,636	$16,266	198
Darwin	77	$1,689,521	$21,942	158
Kandiyohi	68	$1,681,267	$24,725	222
Wolverton	56	$1,663,553	$29,706	142
Taylors Falls	63	$1,659,017	$26,334	435
Kennedy	92	$1,652,065	$17,957	172
Longville	43	$1,650,007	$38,372	341
Dellwood	22	$1,647,052	$74,866	386
Bingham Lake	71	$1,640,846	$23,111	137
Beaver Creek	81	$1,635,227	$20,188	126
Garvin	94	$1,633,058	$17,373	146
Viking	42	$1,622,487	$38,631	155
Sabin	61	$1,605,913	$26,326	208
Currie	89	$1,600,014	$17,978	153
Round Lake	86	$1,595,113	$18,548	182
Mentor	72	$1,592,897	$22,124	169
Pennock	72	$1,587,422	$22,048	187
Racine	85	$1,573,346	$18,510	137
Badger	109	$1,565,408	$14,362	159
Ruthton	80	$1,563,216	$19,540	165

Largest PPP Loans in Minnesota

Business	City	Industry	Approved	Forgiven	Jobs	Est. Revenue
Crenlo Cab Products, LLC	Rochester	Manufacturing	$10,000,000	$0	500	$130.9M	AI Deep Dive
Southern Minnesota Beet Sugar Cooperative	Renville	Manufacturing	$10,000,000	$10,113,973	500	$176.5M	AI Deep Dive
Adams Communications Company, LLC	Minneapolis	Information	$10,000,000	$10,113,973	500	$84.0M	AI Deep Dive
Young Mens Christian Association of the North	Minneapolis	Other Services (except Public Administration)	$10,000,000	$10,127,222	275	$52.5M	AI Deep Dive
Bolton & Menk, Inc.	Mankato	Construction	$10,000,000	$10,115,342	500	$170.4M	AI Deep Dive
Border Foods INC	Minneapolis	Accommodation and Food Services	$10,000,000	$10,113,151	250	$44.4M	AI Deep Dive
Fredrikson & Byron, P.a.	Minneapolis	Professional, Scientific, and Technical Services	$10,000,000	$0	500	$121.5M	AI Deep Dive
Salo, LLC	Minneapolis	Professional, Scientific, and Technical Services	$10,000,000	$10,118,904	500	$51.8M	AI Deep Dive
Doherty Staffing Solutions, INC	Edina	Administrative and Support and Waste Management	$10,000,000	$10,125,278	500	$78.7M	AI Deep Dive
Mankato Clinic, Ltd	Mankato	Health Care and Social Assistance	$10,000,000	$10,111,111	500	$156.9M	AI Deep Dive

Industry Breakdown

Industry	Loans	Total Amount	Jobs
Construction	22,963	$2,243,889,137	163,520
Health Care and Social Assistance	16,931	$2,109,306,210	266,209
Manufacturing	8,795	$2,041,564,420	173,612
Professional, Scientific, and Technical Services	20,530	$1,736,299,025	129,574
Accommodation and Food Services	12,728	$1,487,418,775	261,765
Other Services (except Public Administration)	24,729	$1,070,097,849	139,684
Retail Trade	13,500	$1,064,903,785	135,620
Agriculture, Forestry, Fishing and Hunting	43,645	$869,338,313	79,417
Wholesale Trade	6,066	$846,187,973	70,224
Administrative and Support and Waste Management	9,278	$676,212,666	81,351
Transportation and Warehousing	17,130	$662,603,931	68,056
Real Estate and Rental and Leasing	8,913	$432,347,571	44,678
Finance and Insurance	5,619	$298,231,242	24,338
Arts, Entertainment, and Recreation	5,916	$275,043,079	50,957
Educational Services	2,790	$274,071,170	37,639

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