26 May Mankato Recovery Loan Program Open for Application

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 Waaxda Shaqada iyo Horumarinta Dhaqaalaha ee Minnesota iyo Minnesota Department of Health guidelines.Recovery loans are repaid over five years and have: