We study properties of graded maximal Cohen-Macaulay modules over an N-graded locally finite, Auslander Gorenstein, and Cohen-Macaulay algebra of dimension two. As a consequence, we extend a part of the McKay correspondence in dimension two to a more general setting.Recent study of the invariant theory of (non-connected graded) preprojective algebras under finite group actions initiated by Weispfenning [We] suggests that one should extend the noncommutative McKay correspondence to a larger class of not necessarily connected, graded algebras. The aim of this short paper is to supply a small piece of the puzzle in this slightly more general version of the noncommutative McKay correspondence. Let k be a base field and let MCM (respectively, CM) stand for "maximal Cohen-Macaulay" (respectively, "Cohen-Macaulay"). We summarize the main results as follows.