FORM 3
        
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Fagen Holdings, Inc.		 2. Date of Event Requiring Statement (MM/DD/YYYY)
7/1/2020 

 3. Issuer Name and Ticker or Trading Symbol

Granite Falls Energy, LLC [NONE]
(Last)        (First)        (Middle)

501 W HIGHWAY 212		 4. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                          ___X___ 10% Owner
_____ Officer (give title below)        _____ Other (specify below)
(Street)

GRANITE FALLS, MN 56241      

(City)              (State)              (Zip)
5. If Amendment, Date Original Filed(MM/DD/YYYY)
 

6. Individual or Joint/Group Filing(Check Applicable Line)

_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)		2. Amount of Securities Beneficially Owned
(Instr. 4)		3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)		4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Membership Units 3925 (1)D  

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 4)		2. Date Exercisable and Expiration Date
(MM/DD/YYYY)		3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)		4. Conversion or Exercise Price of Derivative Security5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)		6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
(1) On July 1, 2020, the Membership Units of the Issuer previously held by Fagen, Inc. were transferred to the Reporting Person, as part of an internal restructuring. As a result of this restructuring, the Reporting Person now has a reportable beneficial ownership in the Membership Units of the Issuer.
Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
Fagen Holdings, Inc.
501 W HIGHWAY 212
GRANITE FALLS, MN 56241
X
Signatures
/s/ Aaron Fagen (on behalf of Fagen Holdings, Inc. as its Chief Executive Officer)7/13/2020
**Signature of Reporting PersonDate
Granite Falls Energy (CE) (USOTC:GFGY)
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