A total of 2 loans were distributed to Wells, MN leading to a reported 87 jobs being retained. Based on the data, between $300,000 and $700,000 have been loaned through the Payroll Protection Program to businesses in Wells, 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-350k287 $300k - $700k View Loans
<$150k00$0View Loans
Total287 $300k - $700k

LIST OF ALL PPP LOANS IN Wells, MN

LoanBusinessLocationJobs RetainedLoan ApprovedNAICS Description
$150,000-350,000Herman Manufacturing CoWells, MN 56097442020-04-10Other Industrial Machinery Manuf...
Business NameHerman Manufacturing CoLoan Amount$150,000-350,000
Business Address650 3RD ST NWJobs Retained44
City, State ZipWELLS, MN 56097Date Approved2020-04-10
Business TypeCorporationNAICS Code333249
Race or EthnicityWhiteNAICS DescriptionOther Industrial Machinery Manufacturing
GenderMale OwnedNAICS CategoryManufacturing
VeteranNon-VeteranLenderPalo Savings Bank
Non-ProfitCongressional DistrictMN - 01
$150,000-350,000Ron'S Plumbing Hvac & Electric Inc.Wells, MN 56097432020-04-06Plumbing, Heating, and Air-Condi...
Business NameRon'S Plumbing Hvac & Electric Inc.Loan Amount$150,000-350,000
Business Address77 6th Ave NWJobs Retained43
City, State ZipWELLS, MN 56097Date Approved2020-04-06
Business TypeCorporationNAICS Code238220
Race or EthnicityWhiteNAICS DescriptionPlumbing, Heating, and Air-Conditioning Contractors
GenderMale OwnedNAICS CategoryConstruction
VeteranUnansweredLenderFrandsen Bank & Trust
Non-ProfitCongressional DistrictMN - 01
View All Wells, MN PPP Loans
CountyNo. of LoansJobs RetainedAmount Loaned
Albert Lea, MN3204,221$30.3M - $60M
Alden, MN44104$764.8k - $964.8k
Blue Earth, MN1841,072$8.1M - $14.4M
Bricelyn, MN130$150k - $350k
Clarks Grove, MN229$300k - $700k
Delavan, MN1822$259.9k - $259.9k
Easton, MN145$150k - $350k
Freeborn, MN413$256.4k - $256.4k
Hartland, MN2296$822.2k - $1.7M
Kiester, MN2044$244.5k - $244.5k
Mapleton, MN6135$1.5M - $4.1M
Minnesota Lake, MN256$300k - $700k
New Richland, MN99374$1.7M - $2.4M
Rake, IA57$430.4k - $1.1M
Scarville, IA410$46.7k - $46.7k
Twin Lakes, MN18$18.2k - $18.2k
Waldorf, MN136$150k - $350k
Wells, MN287$300k - $700k
Zip CodeNo. of LoansJobs RetainedAmount Loaned
56097133473$2.9M - $3.3M