The Small Business Administration (SBA) has released the Paycheck Protection Program (PPP) Loan Forgiveness
Solicitud and detailed instructions for the application.The form and instructions inform borrowers how to apply for forgiveness of their PPP loans, consistent with the Coronavirus Aid, Relief, and Economic Security Act (CARES Act). SBA will also soon issue regulations and guidance to further assist borrowers as they complete their applications, and to provide lenders with guidance on their responsibilities.The form and instructions include several measures to reduce compliance burdens and simplify the process for borrowers, including:
The City of Mankato has created a recovery loan program to assist small businesses in Mankato. Businesses with 50 or fewer employees may apply for a deferred loan of up to $25,000 through this program for property and business improvements to help reopen and operate safely following Centers for Disease Control and Prevention, the Departamento de Empleo y Desarrollo Económico de Minnesota y Minnesota Department of Health guidelines.Recovery loans are repaid over five years and have:
As businesses reopen, some are restricted to certain limitations based on a percentage of total occupancy. Below is information to help you determine the occupancy capacity for your business.
As our community looks to get back into business, it will be critical for businesses to advertise and share with the public their status and what they’re doing to make sure their customers are safe. We also know that often when you need to advertise the most is when cash may be tight – especially now.Recognizing that, Greater Mankato Growth worked with local media partners to arrange for discounted advertising packages exclusively available to our members. We’d like to thank The Free Press & KEYC News Now for stepping up in the true spirit of community to lend a helping hand to get our businesses back on their feet by offering these special rates for Greater Mankato Growth members.Below are the discounts being offered by each media company. To take advantage of the offer, you can simply contact the identified individual and let them know you’re a Greater Mankato Growth member. They will verify your status based on a list of members provided to them.Greater Mankato Growth has an entire 
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