Covid-19 Information
Thank you for taking the time to review information regarding small business and the disruption from Covid-19. Below is our featured radio ad running for the next eight weeks, along with information for small business owners. If you have under 500 employees, we strongly recommend reviewing the Paycheck Protection Program (PPP) with the SBA. As long as the small business owner uses the proceeds for payroll or rent, it could be 100% forgiven. There are exceptions to this, so be sure to review with a trusted professional.
There are many sources of aid available to U. S. Small businesses, Families and Individuals due to the economic injury caused by the Covid-19 Virus Pandemic. This guide is meant to assist with quickly identifying these opportunities. Programs are being introduced daily and this guide is not intended to be comprehensive:
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OVERVIEW OF SBA LOAN PROGRAMS UNDER THE 2020 CARES ACT - view
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Paycheck Protection Program PPP - view
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SBA DISASTER LOANS FOR MINNESOTA SMALL BUSINESSES - view
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DEED-MINNESOTA SMALL BUSINESS EMERGENCY LOANS - view