SBA Loan
Small Business Administration
RESOURCES & VALUABLE LINKS FOR BUSINESSES
- League of Minnesota Cities – news and resources
- Minnesota Department of Revenue details on business tax changes – Details on the sales tax payment extension for eligible businesses.
- Minnesota Department of Economic Development resources for employers – Information on staffing, hours, unemployment insurance and assistance for small businesses.
- Coronavirus and unemployment insurance – Specific details on mandatory or voluntary quarantines, changes in hourly work or layoffs, and COVID-19 related costs.
- U.S. Small Business Administration (SBA) guidance for employers – Links to information on small business products and loans, guidance on access to capital and the local assistance directory.
- Department of Labor and Industries’ “worker protections” – A summary of FMLA, sick leave, unemployment insurance.
- Minnesota Department of Commerce Licensing Unit guide – Information for Minnesota licensees, regulated entities and consumers during the ongoing COVID-19 crisis.
- List of Executive Orders from Governor Tim Walz
- U.S. Small Business Administration disaster loan application
CONSIDERATIONS FOR EMPLOYERS, EMPLOYEES
- U.S. Chamber guide for employers – Outlines how to work with and communicate to employees, make a business continuity plan before and after employees become sick.
- Center for Disease Control and Prevention (CDC) guidelines for business – Health and workplace details and suggestions for COVID-19 impacts on different types of businesses and employee activity.
- Minnesota Council – Society of Human Resource Management (MNSHRM) – Resources for HR professionals (login required).
- U.S. Department of Labor guide to FMLA in public health emergencies
- IRS guidance on 90-day payment delay for April 15 payment
- Information about business interruption insurance – A FAQ developed by the Insurance Federation to provide answers on business interruption coverage.
- Force majeure and Coronavirus – Understand how the “act of God” concept relates to contracts under the Coronavirus.
- Treasury, IRS and Labor announce plan to implement Coronavirus-related paid leave for workers and tax credits for small and midsize businesses.
- Additional time to file and pay Minnesota 2019 individual income tax FAQ
- Department of Homeland Security announces flexibility in requirements related to Form I-9 compliance
SMALL BUSINESS RESOURCES
- Facebook announces $100 million grant program for small businesses being impacted by Coronavirus
- U.S. Small Business Administration disaster loan application – Minnesota businesses now eligible as of Saturday, March 21.
- Forms to Fill Out FIRST. Here’s a list of documents you’ll need to provide to complete the application:
- SBA Form 5 or SBA Form 5C for sole proprietorships – SBA loan application
- IRS Form 4506T – Tax Information Authorization for the applicant, principals and affiliates.
- Complete copies of the most recent Federal Income Tax Return.
- SBA Form 2202 – Schedule of Liabilities.
- SBA Form 413 – Personal Financial Statement.
- SBA Form 1368 – Monthly sales figures
- DEED small business emergency loans – Interest-free loans ranging from $2,500 to $35,000 and will be based on the firm’s economic injury and the financial need.Business Checklist
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Business Resources
We are committed to finding the best resources possible for you so that you can feel confident in your choices and business plan going forward. We are here for you and will help you step by step in this process, if needed. We will get through this together.
COVID-19 Toolkit
provided by the Minnesota Chamber of Commerce
Business Checklist
Created by the Lake City EDA
Small Business Resource Guide
US Chamber of Commerce
SBA Loan
Small Business Administration
RESOURCES & VALUABLE LINKS FOR BUSINESSES
- League of Minnesota Cities – news and resources
- Minnesota Department of Revenue details on business tax changes – Details on the sales tax payment extension for eligible businesses.
- Minnesota Department of Economic Development resources for employers – Information on staffing, hours, unemployment insurance and assistance for small businesses.
- Coronavirus and unemployment insurance – Specific details on mandatory or voluntary quarantines, changes in hourly work or layoffs, and COVID-19 related costs.
- U.S. Small Business Administration (SBA) guidance for employers – Links to information on small business products and loans, guidance on access to capital and the local assistance directory.
- Department of Labor and Industries’ “worker protections” – A summary of FMLA, sick leave, unemployment insurance.
- Minnesota Department of Commerce Licensing Unit guide – Information for Minnesota licensees, regulated entities and consumers during the ongoing COVID-19 crisis.
- List of Executive Orders from Governor Tim Walz
- U.S. Small Business Administration disaster loan application
CONSIDERATIONS FOR EMPLOYERS, EMPLOYEES
- U.S. Chamber guide for employers – Outlines how to work with and communicate to employees, make a business continuity plan before and after employees become sick.
- Center for Disease Control and Prevention (CDC) guidelines for business – Health and workplace details and suggestions for COVID-19 impacts on different types of businesses and employee activity.
- Minnesota Council – Society of Human Resource Management (MNSHRM) – Resources for HR professionals (login required).
- U.S. Department of Labor guide to FMLA in public health emergencies
- IRS guidance on 90-day payment delay for April 15 payment
- Information about business interruption insurance – A FAQ developed by the Insurance Federation to provide answers on business interruption coverage.
- Force majeure and Coronavirus – Understand how the “act of God” concept relates to contracts under the Coronavirus.
- Treasury, IRS and Labor announce plan to implement Coronavirus-related paid leave for workers and tax credits for small and midsize businesses.
- Additional time to file and pay Minnesota 2019 individual income tax FAQ
- Department of Homeland Security announces flexibility in requirements related to Form I-9 compliance
SMALL BUSINESS RESOURCES
- Facebook announces $100 million grant program for small businesses being impacted by Coronavirus
- U.S. Small Business Administration disaster loan application – Minnesota businesses now eligible as of Saturday, March 21.
- Forms to Fill Out FIRST. Here’s a list of documents you’ll need to provide to complete the application:
- SBA Form 5 or SBA Form 5C for sole proprietorships – SBA loan application
- IRS Form 4506T – Tax Information Authorization for the applicant, principals and affiliates.
- Complete copies of the most recent Federal Income Tax Return.
- SBA Form 2202 – Schedule of Liabilities.
- SBA Form 413 – Personal Financial Statement.
- SBA Form 1368 – Monthly sales figures
- DEED small business emergency loans – Interest-free loans ranging from $2,500 to $35,000 and will be based on the firm’s economic injury and the financial need.Business Checklist