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PPP Loans in ZIP Code 56350

20 loans worth $584K went to borrowers in 56350 (McGrath, MN) in 2020 and 2021.

Loans
20
Program ran 2020 to 2021
Total approved
$584K
Average $29,198
Jobs reported
97
Forgiven
$587K
101% of approved

PPP loans in 56350

Largest first (20 loans)

BorrowerLoanJobsForgivenApproved
Sole proprietorConstruction · Second draw$89K9$89.3KForgiven on 07/21/202103/02/2021
Sole proprietorAgriculture, forestry and fishing · Second draw$77.4K13$77.7KForgiven on 07/30/202103/27/2021
Sole proprietorRetail trade$77.4K21$77.8KForgiven on 10/13/202004/04/2020
Sole proprietorConstruction$62.1K10$62.5KForgiven on 11/17/202004/08/2020
Sole proprietorAccommodation and food services$38.4K17$38.6KForgiven on 02/19/202106/27/2020
Sole proprietorConstruction · Second draw$34K3$34.2KForgiven on 09/29/202103/02/2021
Sole proprietorAgriculture, forestry and fishing$29.2K4$29.5KForgiven on 04/21/202104/30/2020
Todd's Wholesale Bait PartnershipWholesale trade$27.2K3$27.4KForgiven on 01/28/202104/03/2020
Sole proprietorConstruction$22.1K6$22.2KForgiven on 11/17/202004/08/2020
Sole proprietorTransportation and warehousing$20.8K1$20.9KForgiven on 10/14/202103/28/2021
Sole proprietorAgriculture, forestry and fishing$20.8K1$20.9KForgiven on 10/18/202103/08/2021
Sole proprietorAccommodation and food services · Second draw$19K1$19.2KForgiven on 03/02/202201/22/2021
Great Figures LLCProfessional and technical services$13.4K1$13.5KForgiven on 11/12/202004/28/2020
Self-employed individualOther services$12.9K1$13KForgiven on 08/16/202103/23/2021
Sole proprietorOther services$10.1K1$10.2KForgiven on 12/08/202104/23/2021
Self-employed individualAgriculture, forestry and fishing$9,5611$9,595Forgiven on 08/16/202103/23/2021
Sole proprietorAgriculture, forestry and fishing$8,0221$8,053Forgiven on 06/28/202102/04/2021
Self-employed individualAgriculture, forestry and fishing$6,5561$6,595Forgiven on 09/20/202102/13/2021
Zion Lutheran ChurchOther services$3,2751$3,294Forgiven on 12/02/202004/28/2020
Self-employed individualConstruction$2,6431$2,666Forgiven on 12/09/202101/21/2021

Names of sole proprietors, self-employed individuals and independent contractors are not shown. Street addresses are not shown for any borrower.

Frequently asked questions

How many PPP loans went to businesses in ZIP code 56350?
Lenders approved 20 PPP loans worth $583,953 for borrowers in 56350, an average of $29,198.
What was the largest PPP loan in 56350?
The largest was $89,000 to Sole proprietor, which reported 9 jobs.