On March 27, President Trump signed into law the Coronavirus Aid, Relief, and Economic Security (CARES) Act. This bill will provides significant support to businesses. The signature piece of the new law is the “Paycheck Protection Program” which will provide $350 billion to help small
On March 27, President Trump signed into law the Coronavirus Aid, Relief, and Economic Security (CARES) Act. This is the third bill passed by Congress in response to COVID-19. This bill provides significant resources to businesses and individuals alike to weather this crisis. Greater Mankato
This afternoon Governor Walz announced plans for a temporary Stay at Home Executive Order: The Minnesota Model to take effect on Friday, March 27 at 11:59 p.m. to Friday, April 10 as a next step and action to address the rapidly spreading COVID-19 virus to protect
The US Department of Labor has issued preliminary guidance for employers and employees implementing the new paid leave provisions of the Families First Coronavirus Response Act. As a reminder, all employers with 500 or less employees must implement these new federally reimbursed paid leave programs
From our friends at the Minnesota Chamber of Commerce: Small businesses are seeking critical resources – including financial resources – to help them stay “open for business” throughout the COVID-19 crisis. The Minnesota Chamber is here to help. We recorded a webinar moderated by Chamber president
Included in the Families First Coronavirus Response Act passed by Congress was the establishment of two new paid leave programs impacting employers under 500. The U.S. Internal Revenue Service (IRS) has issued preliminary guidance for employers to implement these new programs. You can view this
Today Governor Tim Walz issued an executive order (20-15) authorizing The Minnesota Department of Employment and Economic Development (DEED) to create an emergency loan program to help Minnesota small business owners who need immediate assistance to meet their families’ basic needs during COVID-19 closures. This
As discussion continues on whether Minnesota will move to a “shelter in place” directive, we welcome your thoughts on the process for determining “essential services” to ensure we are advocating for a thoughtful process to include a comprehensive exemption for “essential services” to protect critical
The following is the text of a news release from the MN Department of Employment and Economic Development. We care deeply about your business and are actively working with state and federal partners on measures to assist businesses through this unprecedented time. DEED is regularly
The Minnesota Chamber of Commerce just made available a recording of a webinar they hosted today with experts who discussed how businesses can access capital, work with employees, and better understand how policies passed at the state and federal level can offer businesses relief. You
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