Small businesses in Minnesota to receive SBA support during pandemic
21 Mar 2020
Small businesses in Minnesota are now eligible to apply for disaster assistance through the Small Business Administration (SBA) for economic injury during the COVID-19 pandemic, Gov. Tim Walz announced Saturday. He sent a letter to the director of the SBA’s Office of Disaster Assistance requesting that Minnesota businesses be eligible for this assistance.
“Small businesses across Minnesota are putting the health of their neighbors before their bottom line,” Walz said. “This assistance will help our state’s businesses recover from the economic hardship caused by COVID-19.”
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Thanks to a concerted effort by the state of Minnesota and the SBA to contain the economic impact of Coronavirus, the state's small businesses are now eligible for the SBA Economic Injury Disaster Loan Program and can apply for a loan on our website at SBA.gov/disaster.
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Tom Lambrecht