# Industry Loan Purpose - Payroll Loans Issued Average
1 423 Merchant Wholesalers, Durable Goods explore $2,184,099.00 2 $1,092,049.50 per loan
2 332 Fabricated Metal Product Manufacturing explore $843,298.00 1 $843,298.00 per loan
3 811 Repair and Maintenance explore $568,746.00 3 $189,582.00 per loan
4 238 Specialty Trade Contractors explore $285,744.00 3 $95,248.00 per loan
5 337 Furniture and Related Product Manufacturing explore $73,558.00 1 $73,558.00 per loan
6 453 Miscellaneous Store Retailers explore $68,900.00 1 $68,900.00 per loan
7 441 Motor Vehicle and Parts Dealers explore $46,619.42 1 $46,619.42 per loan
8 237 Heavy and Civil Engineering Construction explore $44,099.00 1 $44,099.00 per loan
9 722 Food Services and Drinking Places explore $129,024.00 4 $32,256.00 per loan
10 339 Miscellaneous Manufacturing explore $27,820.00 1 $27,820.00 per loan
11 236 Construction of Buildings explore $42,012.00 2 $21,006.00 per loan
12 621 Ambulatory Health Care Services explore $41,666.00 2 $20,833.00 per loan
13 812 Personal and Laundry Services explore $20,832.00 1 $20,832.00 per loan
14 541 Professional, Scientific, and Technical Services explore $81,019.00 4 $20,254.75 per loan
15 624 Social Assistance explore $52,062.00 3 $17,354.00 per loan
16 484 Truck Transportation explore $74,021.00 5 $14,804.20 per loan
17 485 Transit and Ground Passenger Transportation explore $56,472.00 4 $14,118.00 per loan
18 561 Administrative and Support Services explore $40,491.00 3 $13,497.00 per loan
19 813 Religious, Grantmaking, Civic, Professional, and Similar Organizations explore $11,200.00 1 $11,200.00 per loan
20 531 Real Estate explore $10,191.00 1 $10,191.00 per loan
21 445 Food and Beverage Stores explore $9,921.27 1 $9,921.27 per loan
22 492 Couriers and Messengers explore $2,132.00 1 $2,132.00 per loan
Algona

loaned
$4.6M

unused
$0

loans
45

jobs
371

46

Total number of PPP loans.

Average payroll allocation per loan
average