A total of 22 loans were distributed to Magnolia, MN leading to a reported 76 jobs being retained. Based on the data, between $488,036 and $688,036 have been loaned through the Payroll Protection Program to businesses in Magnolia, MN.

Loan RangeNo. of LoansJobs RetainedAmount Loaned
$5-10M00 $0 - $0 View Loans
$2-5M00 $0 - $0 View Loans
$1-2M00 $0 - $0 View Loans
$350k-1M00 $0 - $0 View Loans
$150k-350k124 $150k - $350k View Loans
<$150k2152$338kView Loans
Total2276 $488k - $688k

LIST OF ALL PPP LOANS IN Magnolia, MN

LoanBusinessLocationJobs RetainedLoan ApprovedNAICS Description
$150,000-350,000Pinnacle Programs, Inc.Magnolia, MN 56158242020-04-13Educational Support Services
Business NamePinnacle Programs, Inc.Loan Amount$150,000-350,000
Business Address401 W LUVERNE STJobs Retained24
City, State ZipMAGNOLIA, MN 56158Date Approved2020-04-13
Business TypeNon-Profit OrganizationNAICS Code611710
Race or EthnicityUnansweredNAICS DescriptionEducational Support Services
GenderUnansweredNAICS CategoryEducational Services
VeteranUnansweredLenderMinnwest Bank
Non-ProfitYCongressional DistrictMN - 01
$64,382.50UndisclosedMagnolia, MN 5615842020-04-28Commercial and Institutional Bui...
Business NameUndisclosedLoan Amount$64,382.50
Business AddressJobs Retained4
City, State ZipMAGNOLIA, MN 56158Date Approved2020-04-28
Business TypePartnershipNAICS Code236220
Race or EthnicityWhiteNAICS DescriptionCommercial and Institutional Building Construction
GenderMale OwnedNAICS CategoryConstruction
VeteranNon-VeteranLenderFirst State Bank Southwest
Non-ProfitCongressional DistrictMN - 01
$51,295.00UndisclosedMagnolia, MN 5615882020-04-06Specialized Freight (except Used...
Business NameUndisclosedLoan Amount$51,295.00
Business AddressJobs Retained8
City, State ZipMAGNOLIA, MN 56158Date Approved2020-04-06
Business TypeLimited Liability Company(LLC)NAICS Code484220
Race or EthnicityUnansweredNAICS DescriptionSpecialized Freight (except Used Goods) Trucking, Local
GenderFemale OwnedNAICS CategoryTransportation and Warehousing
VeteranNon-VeteranLenderFirst Farmers & Merchants National Bank
Non-ProfitCongressional DistrictMN - 01
$27,900.00UndisclosedMagnolia, MN 5615842020-04-28Rendering and Meat Byproduct Pro...
Business NameUndisclosedLoan Amount$27,900.00
Business AddressJobs Retained4
City, State ZipMAGNOLIA, MN 56158Date Approved2020-04-28
Business TypeCorporationNAICS Code311613
Race or EthnicityUnansweredNAICS DescriptionRendering and Meat Byproduct Processing
GenderUnansweredNAICS CategoryManufacturing
VeteranUnansweredLenderMinnwest Bank
Non-ProfitCongressional DistrictMN - 01
$25,850.00UndisclosedMagnolia, MN 5615852020-05-20Hog and Pig Farming
Business NameUndisclosedLoan Amount$25,850.00
Business AddressJobs Retained5
City, State ZipMAGNOLIA, MN 56158Date Approved2020-05-20
Business TypeSole ProprietorshipNAICS Code112210
Race or EthnicityUnansweredNAICS DescriptionHog and Pig Farming
GenderUnansweredNAICS CategoryAgriculture, Forestry, Fishing and Hunting
VeteranUnansweredLenderCompeer Financial, ACA
Non-ProfitCongressional DistrictMN - 01
$22,400.00UndisclosedMagnolia, MN 5615822020-05-18Oilseed and Grain Combination Fa...
Business NameUndisclosedLoan Amount$22,400.00
Business AddressJobs Retained2
City, State ZipMAGNOLIA, MN 56158Date Approved2020-05-18
Business TypeSole ProprietorshipNAICS Code111191
Race or EthnicityUnansweredNAICS DescriptionOilseed and Grain Combination Farming
GenderUnansweredNAICS CategoryAgriculture, Forestry, Fishing and Hunting
VeteranUnansweredLenderMinnwest Bank
Non-ProfitCongressional DistrictMN - 01
$20,500.00UndisclosedMagnolia, MN 5615812020-04-28Soybean Farming
Business NameUndisclosedLoan Amount$20,500.00
Business AddressJobs Retained1
City, State ZipMAGNOLIA, MN 56158Date Approved2020-04-28
Business TypeSelf-Employed IndividualsNAICS Code111110
Race or EthnicityUnansweredNAICS DescriptionSoybean Farming
GenderUnansweredNAICS CategoryAgriculture, Forestry, Fishing and Hunting
VeteranUnansweredLenderSecurity Savings Bank
Non-ProfitCongressional DistrictMN - 01
$18,865.82UndisclosedMagnolia, MN 5615822020-05-07Support Activities for Animal Pr...
Business NameUndisclosedLoan Amount$18,865.82
Business AddressJobs Retained2
City, State ZipMAGNOLIA, MN 56158Date Approved2020-05-07
Business TypeLimited Liability Company(LLC)NAICS Code115210
Race or EthnicityUnansweredNAICS DescriptionSupport Activities for Animal Production
GenderUnansweredNAICS CategoryAgriculture, Forestry, Fishing and Hunting
VeteranUnansweredLenderState Bank of Lismore
Non-ProfitCongressional DistrictMN - 01
$18,100.00UndisclosedMagnolia, MN 5615822020-05-05Oilseed and Grain Combination Fa...
Business NameUndisclosedLoan Amount$18,100.00
Business AddressJobs Retained2
City, State ZipMAGNOLIA, MN 56158Date Approved2020-05-05
Business TypeSole ProprietorshipNAICS Code111191
Race or EthnicityUnansweredNAICS DescriptionOilseed and Grain Combination Farming
GenderUnansweredNAICS CategoryAgriculture, Forestry, Fishing and Hunting
VeteranUnansweredLenderMinnwest Bank
Non-ProfitCongressional DistrictMN - 01
$17,382.50UndisclosedMagnolia, MN 5615862020-04-28Dairy Cattle and Milk Production
Business NameUndisclosedLoan Amount$17,382.50
Business AddressJobs Retained6
City, State ZipMAGNOLIA, MN 56158Date Approved2020-04-28
Business TypeCorporationNAICS Code112120
Race or EthnicityUnansweredNAICS DescriptionDairy Cattle and Milk Production
GenderMale OwnedNAICS CategoryAgriculture, Forestry, Fishing and Hunting
VeteranUnansweredLenderAdrian State Bank
Non-ProfitCongressional DistrictMN - 01
$16,595.25UndisclosedMagnolia, MN 5615842020-04-08All Other Miscellaneous Crop Far...
Business NameUndisclosedLoan Amount$16,595.25
Business AddressJobs Retained4
City, State ZipMAGNOLIA, MN 56158Date Approved2020-04-08
Business TypeSole ProprietorshipNAICS Code111998
Race or EthnicityUnansweredNAICS DescriptionAll Other Miscellaneous Crop Farming
GenderUnansweredNAICS CategoryAgriculture, Forestry, Fishing and Hunting
VeteranUnansweredLenderState Bank of Lismore
Non-ProfitCongressional DistrictMN - 01
$10,300.00UndisclosedMagnolia, MN 5615812020-04-28Corn Farming
Business NameUndisclosedLoan Amount$10,300.00
Business AddressJobs Retained1
City, State ZipMAGNOLIA, MN 56158Date Approved2020-04-28
Business TypeSole ProprietorshipNAICS Code111150
Race or EthnicityUnansweredNAICS DescriptionCorn Farming
GenderUnansweredNAICS CategoryAgriculture, Forestry, Fishing and Hunting
VeteranUnansweredLenderDacotah Bank
Non-ProfitCongressional DistrictMN - 01
$9,535.62UndisclosedMagnolia, MN 5615842020-04-27Beef Cattle Ranching and Farming
Business NameUndisclosedLoan Amount$9,535.62
Business AddressJobs Retained4
City, State ZipMAGNOLIA, MN 56158Date Approved2020-04-27
Business TypeSole ProprietorshipNAICS Code112111
Race or EthnicityWhiteNAICS DescriptionBeef Cattle Ranching and Farming
GenderMale OwnedNAICS CategoryAgriculture, Forestry, Fishing and Hunting
VeteranNon-VeteranLenderAdrian State Bank
Non-ProfitCongressional DistrictMN - 01
$9,400.00UndisclosedMagnolia, MN 5615812020-05-22Child Day Care Services
Business NameUndisclosedLoan Amount$9,400.00
Business AddressJobs Retained1
City, State ZipMAGNOLIA, MN 56158Date Approved2020-05-22
Business TypeSelf-Employed IndividualsNAICS Code624410
Race or EthnicityUnansweredNAICS DescriptionChild Day Care Services
GenderUnansweredNAICS CategoryHealth Care and Social Assistance
VeteranUnansweredLenderMinnwest Bank
Non-ProfitCongressional DistrictMN - 01
$7,145.82UndisclosedMagnolia, MN 5615812020-04-15General Freight Trucking, Long-D...
Business NameUndisclosedLoan Amount$7,145.82
Business AddressJobs Retained1
City, State ZipMAGNOLIA, MN 56158Date Approved2020-04-15
Business TypeSole ProprietorshipNAICS Code484121
Race or EthnicityUnansweredNAICS DescriptionGeneral Freight Trucking, Long-Distance, Truckload
GenderUnansweredNAICS CategoryTransportation and Warehousing
VeteranUnansweredLenderThe First National Bank in Sioux Falls
Non-ProfitCongressional DistrictMN - 01
$5,017.00UndisclosedMagnolia, MN 5615812020-05-06Beauty Salons
Business NameUndisclosedLoan Amount$5,017.00
Business AddressJobs Retained1
City, State ZipMAGNOLIA, MN 56158Date Approved2020-05-06
Business TypeSole ProprietorshipNAICS Code812112
Race or EthnicityWhiteNAICS DescriptionBeauty Salons
GenderFemale OwnedNAICS CategoryOther Services (except Public Administration)
VeteranUnansweredLenderFirst Farmers & Merchants National Bank
Non-ProfitCongressional DistrictMN - 01
$4,700.00UndisclosedMagnolia, MN 5615812020-04-29Oilseed and Grain Combination Fa...
Business NameUndisclosedLoan Amount$4,700.00
Business AddressJobs Retained1
City, State ZipMAGNOLIA, MN 56158Date Approved2020-04-29
Business TypeSole ProprietorshipNAICS Code111191
Race or EthnicityUnansweredNAICS DescriptionOilseed and Grain Combination Farming
GenderUnansweredNAICS CategoryAgriculture, Forestry, Fishing and Hunting
VeteranUnansweredLenderMinnwest Bank
Non-ProfitCongressional DistrictMN - 01
$3,359.60UndisclosedMagnolia, MN 5615812020-06-01Beef Cattle Ranching and Farming
Business NameUndisclosedLoan Amount$3,359.60
Business AddressJobs Retained1
City, State ZipMAGNOLIA, MN 56158Date Approved2020-06-01
Business TypeSelf-Employed IndividualsNAICS Code112111
Race or EthnicityUnansweredNAICS DescriptionBeef Cattle Ranching and Farming
GenderUnansweredNAICS CategoryAgriculture, Forestry, Fishing and Hunting
VeteranUnansweredLenderState Bank of Lismore
Non-ProfitCongressional DistrictMN - 01
$2,207.00UndisclosedMagnolia, MN 5615812020-05-08Corn Farming
Business NameUndisclosedLoan Amount$2,207.00
Business AddressJobs Retained1
City, State ZipMAGNOLIA, MN 56158Date Approved2020-05-08
Business TypeSelf-Employed IndividualsNAICS Code111150
Race or EthnicityWhiteNAICS DescriptionCorn Farming
GenderMale OwnedNAICS CategoryAgriculture, Forestry, Fishing and Hunting
VeteranNon-VeteranLenderFirst Farmers & Merchants National Bank
Non-ProfitCongressional DistrictMN - 01
$2,000.00UndisclosedMagnolia, MN 5615812020-06-16Soil Preparation, Planting, and ...
Business NameUndisclosedLoan Amount$2,000.00
Business AddressJobs Retained1
City, State ZipMAGNOLIA, MN 56158Date Approved2020-06-16
Business TypeSelf-Employed IndividualsNAICS Code115112
Race or EthnicityUnansweredNAICS DescriptionSoil Preparation, Planting, and Cultivating
GenderUnansweredNAICS CategoryAgriculture, Forestry, Fishing and Hunting
VeteranUnansweredLenderMinnwest Bank
Non-ProfitCongressional DistrictMN - 01
$700.00UndisclosedMagnolia, MN 5615812020-06-11Specialized Freight (except Used...
Business NameUndisclosedLoan Amount$700.00
Business AddressJobs Retained1
City, State ZipMAGNOLIA, MN 56158Date Approved2020-06-11
Business TypeLimited Liability Company(LLC)NAICS Code484230
Race or EthnicityUnansweredNAICS DescriptionSpecialized Freight (except Used Goods) Trucking, Long-Distance
GenderUnansweredNAICS CategoryTransportation and Warehousing
VeteranUnansweredLenderMinnwest Bank
Non-ProfitCongressional DistrictMN - 01
$400.00UndisclosedMagnolia, MN 5615812020-05-19Court Reporting and Stenotype Se...
Business NameUndisclosedLoan Amount$400.00
Business AddressJobs Retained1
City, State ZipMAGNOLIA, MN 56158Date Approved2020-05-19
Business TypeIndependent ContractorsNAICS Code561492
Race or EthnicityUnansweredNAICS DescriptionCourt Reporting and Stenotype Services
GenderUnansweredNAICS CategoryAdministrative and Support and Waste Management and Remediation Services
VeteranUnansweredLenderMinnwest Bank
Non-ProfitCongressional DistrictMN - 01
View All Magnolia, MN PPP Loans
CountyNo. of LoansJobs RetainedAmount Loaned
Adrian, MN7197$1.5M - $3.8M
Beaver Creek, MN2553$541.6k - $741.6k
Bigelow, MN634$260k - $260k
Chandler, MN2165$700k - $2.0M
Edgerton, MN7318$2.3M - $5.4M
George, IA57362$2.3M - $3.9M
Jasper, MN43128$973.4k - $1.2M
Leota, MN838$272.9k - $472.9k
Lester, IA15157$1.1M - $2.1M
Lismore, MN114$150k - $350k
Little Rock, IA50107$508k - $508k
Luverne, MN2471,219$8.5M - $12.2M
Magnolia, MN2276$488k - $688k
Rock Rapids, IA170632$3.9M - $5.1M
Sherman, SD1210$146.1k - $146.1k
Steen, MN117$150k - $350k
Valley Springs, SD46110$900.4k - $1.1M
Wilmont, MN2461$471.9k - $471.9k
Zip CodeNo. of LoansJobs RetainedAmount Loaned
561582276$488k - $688k