Finally! We’ve been asking for guidance on PPP loan amounts for Farmers, and 29 days later, we were provided with an FAQ that provides information on how to calculate maximum loan amounts, by business type, including Schedule F’s. Treasury confirms that PPP applications submitted but not yet entered into E-tran will not have to be… Continue Reading
Archives for 2020
EIDL for Agricultural Enterprises TODAY!
Notice from the SBA: In response to the Coronavirus (COVID-19) pandemic, small business owners in all U.S. states, Washington D.C., and territories were able to apply for an Economic Injury Disaster Loan advance of up to $10,000. This advance is designed to provide economic relief to businesses that are currently experiencing a temporary loss of… Continue Reading
Small Business Relief Fund
The Entrepreneur Fund, Northland Foundation, and Northspan have partnered in developing the Small Business Relief Fund to support businesses in our region hard hit by the coronavirus pandemic. Funding will be used to provide financial assistance to business owners who are facing significant challenges. Small Business Relief Fund Eligibility Businesses located in the Entrepreneur Fund… Continue Reading
USDA Coronavirus Food Assistance Program
With a deep-rooted history in agriculture, we have been anxiously awaiting news of disaster relief funding for our friends who serve in that industry. The long awaited news has been released. Late yesterday (4/17/2020), the USDA announced a $19 billion program that will take several actions to assist farmers, ranchers, and consumers in response to… Continue Reading
US Chamber of Commerce “Save Small Business” Fund
4/22/2020 – Update: The US Chamber of Commerce announced late on Tuesday afternoon (April 21st) that the overwhelming demand and influx of applications forced a system malfunction. With more than 15,000 applications in the first few minutes of opening the application window, the US Chamber is no longer accepting applications. At Christianson, we are aware… Continue Reading
COVID-19 Unemployment Benefits
If your employment status has been affected by COVID-19, you can apply for unemployment benefits. Below was found on the Minnesota Unemployment Insurance website. On March 16, 2020, Minnesota Governor Tim Walz issued an executive order to ensure workers affected by the COVID-19 pandemic have full access to unemployment benefits. The executive order makes applicants… Continue Reading
