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Business Exemptions to MN Stay at Home Order
Governor Walz has issued Executive Order 20-20, directing Minnesotans to limit movements outside of their homes beyond essential needs from March 27 at 11:59 p.m. to April 10 at 5:00 p.m. We understand that you may have questions about how this will impact your business. The resources below [...]
MN DEED Emergency Loan Program for Small Businesses
Following Executive Order 20-15, the Department of Employment and Economic Development (DEED) has established a loan program to assist small businesses affected by Executive Orders 20-04 and 20-08 following the COVID-19 pandemic. Small businesses are a vital part of Minnesota’s economy and this program will provide a source of working capital [...]
SBA Coronavirus Disaster Loans Now Available – Apply Now!
Online applications for these loans are now open to Minnesota businesses at: https://disasterloan.sba.gov/ela/ See our previous blog post SBA Coronavirus Disaster Loans - Get Ready to Apply for forms and documents you'll need to complete your application Here are a few more details about the SBA loans: This [...]
Families First Coronavirus Response Act (FFCRA)
The Families First Coronavirus Response Act (FFCRA) was signed into law on March 18th 2020, and generally requires employers with less than 500 employees to provide a certain amount of paid sick and paid leave to employees affected b y COVID-19, and provides affected employers with a corresponding [...]
SBA Coronavirus Disaster Loans – Get Ready to Apply
We have just received word that Minnesota will likely be approved as a Eligible Disaster Area for the SBA Coronavirus (COVID-19) loans. The application process isn't live yet, but we expect approval over the weekend and applications to be open early next week. *As of Saturday, March 21st, [...]
IRS Provides Details on 4/15 Tax Relief
Following the announcement of planned relief related to April 15 tax filings by the Treasury Secretary over a week ago, the IRS has now formally released the details of such relief. In the daily session discussing COVID-19 developments given each day by the Vice-President’s task force on March [...]