Greater Mankato Growth Blog

Small Business Relief Grants Program to Begin Accepting Applications on June 23

The Minnesota Department of Employment and Economic Development (DEED) has announced that the Minnesota Small Business Relief Grants Program – which was approved by the Minnesota Legislature last week and signed by Governor Tim Walz on Tuesday –… Read More

EIDL Loan Program Reopened for New Applications

The Small Business Administration’s Economic Injury Disaster Loan Program (EIDL) is now reopened for all eligible business to apply for the $10,000 grant advance and loan. The program was previously closed for new applications for a period of… Read More

Join Greater Mankato Growth in Advocacy

As you hopefully know, Greater Mankato Growth has worked tirelessly to identify resources, answer questions, facilitate discussions and advocate on behalf of our business community to allow all businesses to open safely. Today marks another milestone in that… Read More

UPDATED: What’s My Occupancy Limit?

As businesses reopen, some are restricted to certain limitations based on a percentage of total occupancy. Below is information from experts at the City of Mankato to help you determine the occupancy capacity for your business. Once the… Read More

Governor Walz Announces Additional Loosening of Business Restrictions for June 10

Governor Tim Walz today announced a new executive order that would allow for additional businesses to reopen and further loosening of restrictions for others effective June 10 (Phase III). The new order allows:

Congress Passes Bill Providing Paycheck Protection Program Flexibility

The US House and Senate have passed the Paycheck Protection Program Flexibility Act. This bill grants more time for PPP loan recipients to spend the funds and reduces the amount of funds that must be spent on payroll… Read More

Greater Mankato Growth Sends Letter to Governor Walz

Today Greater Mankato Growth sent a letter to Governor Walz respectfully requesting that he allow all businesses the opportunity to reopen in a way that is safe, sustainable, and equitable with their peers. You can read the letter… Read More

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… Read More

Paycheck Protection Program Loan Forgiveness Guide

Under the Paycheck Protection Program (PPP) created by the CARES Act, loans may be forgiven if borrowers use the proceeds to maintain their payrolls and pay other specified expenses. The Treasury Department and Small Business Administration recently released… Read More

What’s My Occupancy Limit?

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.

Gov. Walz Announces Additional Business Reopenings for June 1

Governor Tim Walz today announced a new executive order that would allow for additional businesses to reopen effective June 1 (Phase II). The governor additionally outlined additional phases (Phases III & IV) that will be coming in the… Read More

Paycheck Protection Program Forgiveness Application

The Small Business Administration (SBA) has released the Paycheck Protection Program (PPP) Loan Forgiveness Application and detailed instructions for the application. The form and instructions inform borrowers how to apply for forgiveness of their PPP loans, consistent with… Read More