Small Business Relief

More help is available for small business owners who are struggling because of the coronavirus pandemic.

More help is available for small business owners who are struggling because of the coronavirus pandemic.

Kimt new's three's raquel hellman is finding out how the minnesota small business relief grants program works.

Live she joins us live in rochester to explain ?

"* raquel?xxx katie ?

"* the 10?

"* thousand grants are meant to provide relief to small businesses across the state ?

"* including the many here in downtown rochester ?

"* and businesses like these restaurants and shops in downtown albert lea.

A little more than sixty million dollars is available statewide ?

"* with 30 million available for greater minnesota.

The grants can be used for expenses ?

"* like rent ?

"* mortgage payments ?

"* and utility bills.

Even as businesses re?

"* open and start to get back to normal ?

"* they're still encouraged to apply.xxx you might feel that well, june is going well so far, we'll be good next month, but you don't know what the rest of the year is going to look like and so if you can obtain some of that funding and have a cushion so that you can stay open, keep paying your employees, keep buying your supplies,it's a really good idea even if a business feels like we might be okay now.

Let's take a look at some of the main qualifications for this grant program.

Your business must have 50 or fewer full?

"* time employees.

You must have a permanent physical location in minnesota.

It must be majority owned by a permanent minnesota resident.

And businesses must be able to demonstrate hardship as a result of the coronavirus pandemic.

Live in rochester?

"* raquel hellman thanks raquel.

The applications are due on july second at five?

"* o'clock p?

*.

You have to apply online through the minnesota employment and economic development website.

You'll find a link to that along with this story on