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Thorstad Companies

Headquarter

Company Details

Name: Thorstad Companies
Jurisdiction: Minnesota
Legal type: Business Corporation (Domestic)
Status: Active / In Good Standing
Date formed: 05 Apr 2013 (12 years ago)
Company Number: fff6558a-f69d-e211-82ac-001ec94ffe7f
File Number: 665545700022
Registered Office Address: 101 2nd Street West, Chokio, MN 56221, USA
Principal Executive Office Address: 101 2ND STREET WEST, PO BOX 321, CHOKIO, MN 56221–0321, USA
ZIP code: 56221
County: Stevens County
Place of Formation: Minnesota

Links between entities

Type Company Name Company Number State
Headquarter of Thorstad Companies, ILLINOIS CORP_74168019 ILLINOIS

form 5500

Plan Name Plan Year EIN/PN Received Sponsor Total number of participants
THORSTAD COMPANIES 401(K) P/S PLAN 2023 462462949 2024-06-25 THORSTAD COMPANIES 18
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2013-04-05
Business code 237990
Sponsor’s telephone number 9522361183
Plan sponsor’s address 101 2ND ST W, PO BOX 321, CHOKIO, MN, 56221

Signature of

Role Plan administrator
Date 2024-06-25
Name of individual signing HEATHER KROSCH
Valid signature Filed with authorized/valid electronic signature
THORSTAD COMPANIES 401(K) P/S PLAN 2022 462462949 2023-08-09 THORSTAD COMPANIES 21
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2013-04-05
Business code 237990
Sponsor’s telephone number 9522361183
Plan sponsor’s address 101 2ND ST W, PO BOX 321, CHOKIO, MN, 56221

Plan administrator’s name and address

Administrator’s EIN 462462949
Plan administrator’s name THORSTAD COMPANIES
Plan administrator’s address 101 2ND ST W, PO BOX 321, CHOKIO, MN, 56221
Administrator’s telephone number 9522361183

Signature of

Role Plan administrator
Date 2023-08-09
Name of individual signing HEATHER KROSCH
Valid signature Filed with authorized/valid electronic signature
THORSTAD COMPANIES 401(K) P/S PLAN 2021 462462949 2022-06-02 THORSTAD COMPANIES 25
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2013-04-05
Business code 237990
Sponsor’s telephone number 9522361183
Plan sponsor’s address 101 2ND ST W, PO BOX 321, CHOKIO, MN, 56221

Plan administrator’s name and address

Administrator’s EIN 462462949
Plan administrator’s name THORSTAD COMPANIES
Plan administrator’s address 101 2ND ST W, PO BOX 321, CHOKIO, MN, 56221
Administrator’s telephone number 9522361183

Signature of

Role Plan administrator
Date 2022-06-02
Name of individual signing HEATHER KROSCH
Valid signature Filed with authorized/valid electronic signature
THORSTAD COMPANIES 401(K) P/S PLAN 2020 462462949 2021-06-04 THORSTAD COMPANIES 26
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2013-04-05
Business code 237990
Sponsor’s telephone number 9522361183
Plan sponsor’s address 101 2ND ST W, PO BOX 321, CHOKIO, MN, 56221

Plan administrator’s name and address

Administrator’s EIN 462462949
Plan administrator’s name THORSTAD COMPANIES
Plan administrator’s address 101 2ND ST W, PO BOX 321, CHOKIO, MN, 56221
Administrator’s telephone number 9522361183

Signature of

Role Plan administrator
Date 2021-06-04
Name of individual signing HEATHER KROSCH
Valid signature Filed with authorized/valid electronic signature
THORSTAD COMPANIES 401(K) P/S PLAN 2019 462462949 2020-06-10 THORSTAD COMPANIES 24
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2013-04-05
Business code 237990
Sponsor’s telephone number 9522361183
Plan sponsor’s address 101 2ND ST W, PO BOX 321, CHOKIO, MN, 56221

Plan administrator’s name and address

Administrator’s EIN 462462949
Plan administrator’s name THORSTAD COMPANIES
Plan administrator’s address 101 2ND ST W, PO BOX 321, CHOKIO, MN, 56221
Administrator’s telephone number 9522361183

Signature of

Role Plan administrator
Date 2020-06-10
Name of individual signing HEATHER KROSCH
Valid signature Filed with authorized/valid electronic signature
THORSTAD COMPANIES 401(K) P/S PLAN 2018 462462949 2019-05-20 THORSTAD COMPANIES 22
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2013-04-05
Business code 237990
Sponsor’s telephone number 9522361183
Plan sponsor’s address 101 2ND ST W, PO BOX 321, CHOKIO, MN, 56221

Plan administrator’s name and address

Administrator’s EIN 462462949
Plan administrator’s name THORSTAD COMPANIES
Plan administrator’s address 101 2ND ST W, PO BOX 321, CHOKIO, MN, 56221
Administrator’s telephone number 9522361183

Signature of

Role Plan administrator
Date 2019-05-20
Name of individual signing HEATHER KROSCH
Valid signature Filed with authorized/valid electronic signature
THORSTAD COMPANIES 401(K) P/S PLAN 2017 462462949 2018-03-29 THORSTAD COMPANIES 25
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2013-04-05
Business code 237990
Sponsor’s telephone number 9522361183
Plan sponsor’s address 101 2ND ST W, PO BOX 321, CHOKIO, MN, 56221

Plan administrator’s name and address

Administrator’s EIN 462462949
Plan administrator’s name THORSTAD COMPANIES
Plan administrator’s address 101 2ND ST W, PO BOX 321, CHOKIO, MN, 56221
Administrator’s telephone number 9522361183

Signature of

Role Plan administrator
Date 2018-03-29
Name of individual signing HEATHER KROSCH
Valid signature Filed with authorized/valid electronic signature
THORSTAD COMPANIES 401(K) P/S PLAN 2016 462462949 2017-05-16 THORSTAD COMPANIES 18
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2013-04-05
Business code 237990
Sponsor’s telephone number 9522361183
Plan sponsor’s address 101 2ND ST W, PO BOX 321, CHOKIO, MN, 56221

Plan administrator’s name and address

Administrator’s EIN 462462949
Plan administrator’s name THORSTAD COMPANIES
Plan administrator’s address 101 2ND ST W, PO BOX 321, CHOKIO, MN, 56221
Administrator’s telephone number 9522361183

Signature of

Role Plan administrator
Date 2017-05-16
Name of individual signing HEATHER KROSCH
Valid signature Filed with authorized/valid electronic signature
THORSTAD COMPANIES 401(K) P/S PLAN 2015 462462949 2016-05-09 THORSTAD COMPANIES 9
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2013-04-05
Business code 237990
Sponsor’s telephone number 9522361183
Plan sponsor’s address 101 2ND ST W, PO BOX 321, CHOKIO, MN, 56221

Plan administrator’s name and address

Administrator’s EIN 462462949
Plan administrator’s name THORSTAD COMPANIES
Plan administrator’s address 101 2ND ST W, PO BOX 321, CHOKIO, MN, 56221
Administrator’s telephone number 9522361183

Signature of

Role Plan administrator
Date 2016-05-09
Name of individual signing HEATHER KROSCH
Valid signature Filed with authorized/valid electronic signature
THORSTAD COMPANIES 401(K) P/S PLAN 2014 462462949 2015-06-18 THORSTAD COMPANIES 8
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2013-04-05
Business code 237990
Sponsor’s telephone number 9522361183
Plan sponsor’s address 101 2ND ST W, PO BOX 321, CHOKIO, MN, 56221

Plan administrator’s name and address

Administrator’s EIN 462462949
Plan administrator’s name THORSTAD COMPANIES
Plan administrator’s address 101 2ND ST W, PO BOX 321, CHOKIO, MN, 56221
Administrator’s telephone number 9522361183

Signature of

Role Plan administrator
Date 2015-06-18
Name of individual signing HEATHER KROSCH
Valid signature Filed with authorized/valid electronic signature

Chief Executive Officer

Name Role Address
Keith Thorstad Chief Executive Officer 101 2ND STREET WEST, PO BOX 321, CHOKIO, MN 56221–0321, USA

Filing

Filing Name Filing date
Amendment - Business Corporation (Domestic) (Business Name: Thorstad Companies) 2014-02-06
Original Filing - Business Corporation (Domestic) (Business Name: Carstensen Energy, Inc.) 2013-04-05

Paycheck Protection Program

Loan Number Loan Funded Date SBA Origination Office Code Loan Delivery Method Borrower Street Address
1151138301 2021-01-16 0508 PPS 101 2nd St W, Chokio, MN, 56221
Loan Status Date 2022-03-08
Loan Status Paid in Full
Loan Maturity in Months 60
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 437000
Loan Approval Amount (current) 437000
Undisbursed Amount 0
Franchise Name -
Lender Location ID 36772
Servicing Lender Name Deerwood Bank
Servicing Lender Address 131 6th Ave South, Ste 100, WAITE PARK, MN, 56387-1360
Rural or Urban Indicator R
Hubzone N
LMI N
Business Age Description Existing or more than 2 years old
Project Address Chokio, STEVENS, MN, 56221
Project Congressional District MN-07
Number of Employees 23
NAICS code 237130
Borrower Race Unanswered
Borrower Ethnicity Unknown/NotStated
Business Type Subchapter S Corporation
Originating Lender ID 36772
Originating Lender Name Deerwood Bank
Originating Lender Address WAITE PARK, MN
Gender Unanswered
Veteran Unanswered
Forgiveness Amount 440653.81
Forgiveness Paid Date 2021-11-19
1468207104 2020-04-10 0508 PPP 101 2nd St. W, CHOKIO, MN, 56221
Loan Status Date 2021-03-05
Loan Status Paid in Full
Loan Maturity in Months 24
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 437000
Loan Approval Amount (current) 437000
Undisbursed Amount 0
Franchise Name -
Lender Location ID 36772
Servicing Lender Name Deerwood Bank
Servicing Lender Address 131 6th Ave South, Ste 100, WAITE PARK, MN, 56387-1360
Rural or Urban Indicator R
Hubzone N
LMI N
Business Age Description Existing or more than 2 years old
Project Address CHOKIO, STEVENS, MN, 56221-0001
Project Congressional District MN-07
Number of Employees 23
NAICS code 237130
Borrower Race Unanswered
Borrower Ethnicity Unknown/NotStated
Business Type Subchapter S Corporation
Originating Lender ID 36772
Originating Lender Name Deerwood Bank
Originating Lender Address WAITE PARK, MN
Gender Unanswered
Veteran Unanswered
Forgiveness Amount 440532.42
Forgiveness Paid Date 2021-02-01

Motor Carrier Census

USDOT Number Carrier Operation MCS-150 Form Date MCS-150 Mileage MCS-150 Year Power Units Drivers Operation Classification
2405143 Interstate 2024-08-17 150000 2023 11 8 Private(Property)
Legal Name THORSTAD COMPANIES
DBA Name -
Physical Address 101 2ND ST WEST, CHOKIO, MN, 56221, US
Mailing Address PO BOX 321, CHOKIO, MN, 56221, US
Phone (320) 324-7122
Fax (320) 324-7121
E-mail JTHORSTAD@THORSTADCOMPANIES.COM

Safety Measurement System - All Transportation

Total Number of Inspections for the measurement period (24 months) 2
Driver Fitness BASIC Serious Violation Indicator No
Vehicle Maintenance BASIC Acute/Critical Indicator No
Unsafe Driving BASIC Acute/Critical Indicator No
Driver Fitness BASIC Roadside Performance measure value 0
Hours-of-Service (HOS) Compliance BASIC Roadside Performance measure value 0
Total Number of Driver Inspections for the measurment period 2
Vehicle Maintenance BASIC Roadside Performance measure value 0
Total Number of Vehicle Inspections for the measurement period 0
Controlled Substances and Alcohol BASIC Roadside Performance measure value 0
Unsafe Driving BASIC Roadside Performance Measure Value 0
Number of inspections with at least one Driver Fitness BASIC violation 0
Number of inspections with at least one Hours-of-Service BASIC violation 0
Total Number of Driver Inspections containing at least one Driver Out-of-Service Violation 0
Number of inspections with at least one Vehicle Maintenance BASIC violation 0
Total Number of Vehicle Inspections containing at least one Vehicle Out-of-Service violation 0
Number of inspections with at least one Controlled Substances and Alcohol BASIC violation 0
Number of inspections with at least one Unsafe Driving BASIC violation 0

Inspections

Unique report number of the inspection 00XD003927
State abbreviation that indicates the state the inspector is from MN
The date of the inspection 2023-11-28
ID that indicates the level of inspection Driver-Only
State abbreviation that indicates where the inspection occurred MN
Time weight of the inspection 1
Number of Out-Of-Service violations related to Driver 0
Number of Out-Of-Service violations related to vehicle 0
Number of violations related to Hazardous Materials 0
Total number of Out-Of-Service violations 0
Total number of Out-Of-Service violations related to Hazardous Materials 0
Description of the type of the main unit STRAIGHT TRUCK
Description of the make of the main unit FORD
License plate of the main unit YCD0483
License state of the main unit MN
Vehicle Identification Number of the main unit 1FD0W5HT8GEC18254
Description of the type of the secondary unit SEMI-TRAILER
Description of the make of the secondary unit FELG
License plate of the secondary unit 5891CTG
License state of the secondary unit MN
Vehicle Identification Number of the secondary unit 5FTGF4226H1005394
Unsafe Driving BASIC inspection Y
Hours-of-Service Compliance BASIC inspection Y
Driver Fitness BASIC inspection Y
Controlled Substances/Alcohol BASIC inspection Y
Total number of BASIC violations 0
Number of Unsafe Driving BASIC violations 0
Number of Hours-of-Service Compliance BASIC violations 0
Number of Driver Fitness BASIC violations 0
Number of Controlled Substances/Alcohol BASIC violations 0
Number of Vehicle Maintenance BASIC violations 0
Number of Hazardous Materials Compliance BASIC violations 0
Unique report number of the inspection 2406000528
State abbreviation that indicates the state the inspector is from WI
The date of the inspection 2023-05-23
ID that indicates the level of inspection Driver-Only
State abbreviation that indicates where the inspection occurred WI
Time weight of the inspection 1
Number of Out-Of-Service violations related to Driver 0
Number of Out-Of-Service violations related to vehicle 0
Number of violations related to Hazardous Materials 0
Total number of Out-Of-Service violations 0
Total number of Out-Of-Service violations related to Hazardous Materials 0
Description of the type of the main unit STRAIGHT TRUCK
Description of the make of the main unit FORD
License plate of the main unit YCD0483
License state of the main unit WI
Vehicle Identification Number of the main unit 1FD0W5HT8GEC18254
Description of the type of the secondary unit SEMI-TRAILER
Description of the make of the secondary unit FELL
License plate of the secondary unit 5891CTG
License state of the secondary unit MN
Vehicle Identification Number of the secondary unit 5FTGF4226H1005394
Unsafe Driving BASIC inspection Y
Hours-of-Service Compliance BASIC inspection Y
Driver Fitness BASIC inspection Y
Controlled Substances/Alcohol BASIC inspection Y
Total number of BASIC violations 0
Number of Unsafe Driving BASIC violations 0
Number of Hours-of-Service Compliance BASIC violations 0
Number of Driver Fitness BASIC violations 0
Number of Controlled Substances/Alcohol BASIC violations 0
Number of Vehicle Maintenance BASIC violations 0
Number of Hazardous Materials Compliance BASIC violations 0

Date of last update: 11 Feb 2025

Sources: Minnesota's Official State Website