There were 115 PPP loans issued in Minnesota during the week ending May 10. The average loan size in the state was between $150,000 to 350,000.
There are approximately five million approved PPP loans with a total of $517,451,965,102 set aside for funding, according to the Small Business Administration. The average loan size was around $105,000 with over 5,000 lenders currently participating in the program.
The program was slow to get off the ground when it was crushed by an onslaught of would-be applicants. Another major criticism of the program pertained to who was receiving the loans. A program that was meant for small businesses witnessed the Los Angeles Lakers receive $4.6 million from the program. The Lakers qualified for the program under the rules as written but returned the funds according to a Laker’s statement provided to news outlets.
Recipients | Date Received | Dollar Amount Received |
---|---|---|
Midwest Quality Home Care, Inc. | 2020-05-04 | $2-5 million |
Lowell, Inc. | 2020-05-04 | $1-2 million |
Present Help, Inc. | 2020-05-04 | $1-2 million |
Adams Senior Living Solutions, Inc. | 2020-05-04 | $350,000-1 million |
Divine Providence Community Home | 2020-05-04 | $350,000-1 million |
International Quality PCA Services, LLC | 2020-05-04 | $350,000-1 million |
Twin Cities German Immersion School | 2020-05-04 | $350,000-1 million |
Twins Home Health Care, Inc. | 2020-05-04 | $350,000-1 million |
Wright-Hennepin Holding Company | 2020-05-04 | $350,000-1 million |
American Best Home Care, Inc. | 2020-05-04 | $150,000-350,000 |
Cross Town Cleaning, Inc. | 2020-05-04 | $150,000-350,000 |
Five Star H. Enterprises, Inc. | 2020-05-04 | $150,000-350,000 |
Fluid Life, Ltd. | 2020-05-04 | $150,000-350,000 |
Hage Construction Company | 2020-05-04 | $150,000-350,000 |
Helping Hand Homecare | 2020-05-04 | $150,000-350,000 |
Hola Arepa, LLC | 2020-05-04 | $150,000-350,000 |
Koronis Fabricating, Inc. | 2020-05-04 | $150,000-350,000 |
Language of Love Spanish Immersion | 2020-05-04 | $150,000-350,000 |
LBP Mechanical, Inc. | 2020-05-04 | $150,000-350,000 |
MM Trucking, LLC | 2020-05-04 | $150,000-350,000 |
North Central Equity, LLC | 2020-05-04 | $150,000-350,000 |
Permanent Choice, Inc. | 2020-05-04 | $150,000-350,000 |
Phyllis Wheatley Community Center, Incorporated | 2020-05-04 | $150,000-350,000 |
Proworks | 2020-05-04 | $150,000-350,000 |
Ridgeway Community School | 2020-05-04 | $150,000-350,000 |
Serocki Excavating, Inc. | 2020-05-04 | $150,000-350,000 |
Sojourn Suites, LLC | 2020-05-04 | $150,000-350,000 |
Employer Solutions Staffing Group | 2020-05-05 | $2-5 million |
Minnesota Historical Society | 2020-05-05 | $2-5 million |
Ability Building Center, Inc. | 2020-05-05 | $1-2 million |
Emeralds at Faribault, LLC | 2020-05-05 | $350,000-1 million |
Emeralds at Grand Rapids | 2020-05-05 | $350,000-1 million |
Fit Academy | 2020-05-05 | $350,000-1 million |
Joseph Companies, Inc. | 2020-05-05 | $350,000-1 million |
Mohamed Adur | 2020-05-05 | $350,000-1 million |
Phyxius, Inc. | 2020-05-05 | $350,000-1 million |
Tapestry Moon, LLC | 2020-05-05 | $350,000-1 million |
The St. Paul Conservatory of Music | 2020-05-05 | $350,000-1 million |
Advance Speech Therapy, LLC | 2020-05-05 | $150,000-350,000 |
BDG Tire, LLC | 2020-05-05 | $150,000-350,000 |
Care Planners, Inc. | 2020-05-05 | $150,000-350,000 |
Cobra Transportation Services, Inc. | 2020-05-05 | $150,000-350,000 |
Heartlandhomes of Duluth, LLC | 2020-05-05 | $150,000-350,000 |
Hometown Church | 2020-05-05 | $150,000-350,000 |
J D M Management Corporation, Inc. | 2020-05-05 | $150,000-350,000 |
Midwest Professional Services, Inc. | 2020-05-05 | $150,000-350,000 |
MNI, Inc. | 2020-05-05 | $150,000-350,000 |
Morken Express, Inc. | 2020-05-05 | $150,000-350,000 |
NSH Whitewater, LLC | 2020-05-05 | $150,000-350,000 |
Rivard Companies, Inc. | 2020-05-05 | $150,000-350,000 |
Southwest Crisis Center | 2020-05-05 | $150,000-350,000 |
St. Paul Infectious Disease Associates, Ltd. | 2020-05-05 | $150,000-350,000 |
Superior Material Handling, Inc. | 2020-05-05 | $150,000-350,000 |
Supermercado Lomabonita 3, Inc. | 2020-05-05 | $150,000-350,000 |
Topo, LLC | 2020-05-05 | $150,000-350,000 |
Product Development Associates, Inc. | 2020-05-06 | $1-2 million |
Reo Plastics, Inc. | 2020-05-06 | $1-2 million |
High Five Erectors II, Inc. | 2020-05-06 | $350,000-1 million |
North Lakes Charter Academy | 2020-05-06 | $350,000-1 million |
NSH Rochester West, LLC | 2020-05-06 | $350,000-1 million |
Advanced Family Dental, P.A. | 2020-05-06 | $150,000-350,000 |
Blaine Home Healthcare, LLC | 2020-05-06 | $150,000-350,000 |
Dealers Choice Auto Brokers, LLC | 2020-05-06 | $150,000-350,000 |
Finishing Touch Car Care, Inc. | 2020-05-06 | $150,000-350,000 |
Hagedorn Enterprises, Inc. | 2020-05-06 | $150,000-350,000 |
Hong Kong Noodle, Inc. | 2020-05-06 | $150,000-350,000 |
Icon It Group | 2020-05-06 | $150,000-350,000 |
Independent Locomotive Service, Inc. | 2020-05-06 | $150,000-350,000 |
India Bazaar, LLC | 2020-05-06 | $150,000-350,000 |
Mehdi Enterprise, Inc. | 2020-05-06 | $150,000-350,000 |
Meyers & Jackson Roofing | 2020-05-06 | $150,000-350,000 |
New Hope Living & Nursing Services, Inc. | 2020-05-06 | $150,000-350,000 |
NSH LA Crescent, LLC | 2020-05-06 | $150,000-350,000 |
Peterson Dental Associates, PA | 2020-05-06 | $150,000-350,000 |
Quality Pools, LLC | 2020-05-06 | $150,000-350,000 |
Sand Profile, Inc. | 2020-05-06 | $150,000-350,000 |
Field Crest Care Center | 2020-05-07 | $350,000-1 million |
Mankato Ford, LLC | 2020-05-07 | $350,000-1 million |
Vercom, Inc. | 2020-05-07 | $350,000-1 million |
3H Care, LLC | 2020-05-07 | $150,000-350,000 |
Arthur's River Front Properties | 2020-05-07 | $150,000-350,000 |
Avon Electric Services, Inc. | 2020-05-07 | $150,000-350,000 |
Big River Baking Company, LLC | 2020-05-07 | $150,000-350,000 |
Color Works Painting and Decorating, Inc. | 2020-05-07 | $150,000-350,000 |
Graves Uptown, LLC | 2020-05-07 | $150,000-350,000 |
Kazama, LLC | 2020-05-07 | $150,000-350,000 |
Kriss Premium Products, Inc. | 2020-05-07 | $150,000-350,000 |
Legal Services of Northwest Minnesota | 2020-05-07 | $150,000-350,000 |
Matthew D. Jugovich, P. A. , D.D.S. | 2020-05-07 | $150,000-350,000 |
Udell Dental Laboratory, Inc. | 2020-05-07 | $150,000-350,000 |
SR Mechanical, Inc. | 2020-05-08 | $2-5 million |
Titan Data Group, Inc. | 2020-05-08 | $1-2 million |
Buhler Versatile USA, Inc. | 2020-05-08 | $350,000-1 million |
Dolliff, Inc. | 2020-05-08 | $350,000-1 million |
Olidia Care, Inc. | 2020-05-08 | $350,000-1 million |
St. Croix Forge, Inc. | 2020-05-08 | $350,000-1 million |
Village of Fertile Fair Meadow Nursing Home | 2020-05-08 | $350,000-1 million |
Bani Care, LLC | 2020-05-08 | $150,000-350,000 |
Bayerkohler & Graff, Ltd. | 2020-05-08 | $150,000-350,000 |
Cedar Home Health Care, Inc. | 2020-05-08 | $150,000-350,000 |
Eversmiles Pediatric Dentistry, PLLC | 2020-05-08 | $150,000-350,000 |
Forever Smiles, PLLC | 2020-05-08 | $150,000-350,000 |
Harmony Home Health Care, LLC | 2020-05-08 | $150,000-350,000 |
Metro Concierge, LLC | 2020-05-08 | $150,000-350,000 |
Midwest Wax Management, Inc. | 2020-05-08 | $150,000-350,000 |
Nord Excavating, Inc. | 2020-05-08 | $150,000-350,000 |
Saint Mark's Episcopal Cathedral | 2020-05-08 | $150,000-350,000 |
Tricom Communications | 2020-05-08 | $150,000-350,000 |
Van Clemens | 2020-05-08 | $150,000-350,000 |
Windmill Marina Association, Inc. | 2020-05-08 | $150,000-350,000 |
Young Men's Christian Association of Austin, Minnesota | 2020-05-08 | $150,000-350,000 |
Glory Home Health, Inc. | 2020-05-09 | $150,000-350,000 |
Bright Stars Learning Center, Inc. | 2020-05-10 | $150,000-350,000 |
MS Ac Mankato Agent Senior Living, LLC | 2020-05-10 | $150,000-350,000 |
MS Ac Mankato We Senior Living, LLC | 2020-05-10 | $150,000-350,000 |