COVID-19 Business Resources

On June 1, Minnesota moves into Phase 2 of the #StaySafeMN Plan, which includes the option for restaurants and bars to re-open for outdoor dining.

 We know that there are many questions from businesses and customers about how that process will work.  MN DEED has provide some answers to many questions we’ve been hearing about Executive Order 20-63

Starting on May 18, we are moving into a new phase: #StaySafeMN. To see what that means for businesses go to Minnesota Department of Employment and Economic Development (DEED):

COVID-19 Preparedness Plan template and instruction 
from the Minnesota Department of Labor and Industry

Saint Peter COVID-19 Micro Loan Program

The Saint Peter Economic Development Authority (EDA) and City Council have adopted guidelines for the implementation and administration of a COVID-19 Micro Loan Program.  COVID-19 Micro Loan Application
Contact Russ Wille at 507-934-0661 or email if you need additional information or have any questions.

Greater Mankato Growth in coordination with the Regional Economic Development partners (Eagle Lake, Lake Crystal, Mankato, North Mankato, Saint Peter, and Blue Earth and Nicollet Counties), is monitoring updates to legislation (State and Federal) which would provide resources for businesses as they deal with the impacts of COVID-19.

The following web page will be updated with information and links as resources are developed:  
Greater Mankato Growth Resources for our Business Community

Here is information regarding the Families First Coronavirus Response Act which impacts the paid medical leave expansion.

Saint Peter Chamber of Commerce Business Updates:

Here is a link to the March 27, 2020 session of our COVID-19 Business Economic Impact video conferences we had with the Saint Peter business community.  We intend to hold similar sessions every Friday morning at 9:00 a.m. until they are no longer necessary.  We want to keep you informed as the situation evolves on a day-to-day basis.  Thank you to the 55 or so businesses that participated.
March 27, 2020 Saint Peter, MN Business Owners Meeting Video  

These links can help you with Minnesota’s COVID-19’s latest orders:

Link to Governor Walz Executive Order 20-20

North American Industry Classification System (NACIS) Code: 

Information and Resources for Employers and Businesses / Minnesota Department of Employment and Economic Development:

Information from the Minnesota Department of Employment and Economic Development to help small businesses find the information and resources in these uncertain times:

A Guide for Small Businesses Who Need Help

SBA loans for Businesses Impacted by COVID-19

Paycheck Protection Program

SBA Economic Injury Disaster Loan (EIDL) Program (PDF)

Other Business Resources businesses may find helpful:

Unemployment Insurance-Information to Help You When You Receive Unemployment Insurance Questions 

(Unfortunately, the system has been overwhelmed and DEED is trying to get things processed as quickly as the system allows.  Other states are having similar difficulties due to the unprecedented volume of claims.)   

MN Chamber of Commerce COVID-19 Business Toolkit

MN Employment and Economic Development

The Internal Revenue Service has various tax relief programs that may be of assistance to Saint Peter businesses.  You can find a list of IRS Covid-19 programs and services by following the attached link:

Here is a nice matrix from our partners at the U.S. Department of Agriculture showing the various financial assistance programs offered to rural communities by the federal government.