City Creates Emergency Loan

April 7, 2020: The City of Thief River Falls approved creation of an emergency loan fund to help local businesses affected by COVID-19, following recommendations of the Community Development Advisory Board. A total of $250,000 has been set aside for local businesses....

Financial Resources April 3, 2020

There are numerous resources to help businesses impacted by COVID-19. We are sharing a document that provides an overview of all of currently known resources. This is up to date as of April 3, 2020. View/download COVID-19 business resources overview here. Please...

DEED to Launch Emergency Loan Program

Thousands of businesses negatively impacted by COVID-19 could be helped March 23, 2020 Contact:651-259-7534Rita.Beatty@state.mn.us St. Paul – The Minnesota Department of Employment and Economic Development (DEED) is creating an emergency loan program to help Minnesota...

SBA Disaster Loans NOW Available

The COVID-19 pandemic has affected everyone in our economy, but we know small businesses have been particularly hard hit. That’s why Governor Walz requested an Economic Injury Disaster Loan declaration from the SBA earlier this week. Now, online applications for these...

Hope for the Best, Plan for the Worst

I am deeply saddened by the spread of the COVID-19 virus, and I know that our business community has already been deeply impacted. My thoughts and prayers are with all of you. At this point, none of us know how long it will be until we get back to business as usual,...

Sales Tax Extension

Sales Tax Payment Extension for Eligible Businesses In line with the state’s continued response to COVID-19, the Minnesota Department of Revenue is granting a 30-day Sales and Use Tax grace period for businesses identified in Executive Order 20-04. During this time...

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