Congress Passes Bill Providing Paycheck Protection Program Flexibility

FromTheDomeThe 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 and still qualify for forgiveness of the loans. President Trump is expected to sign the bill. Continue reading “Congress Passes Bill Providing Paycheck Protection Program Flexibility”

Greater Mankato Growth Sends Letter to Governor Walz

FromTheDomeToday 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 here.

Greater Mankato Growth is also looking for members to film a video testimonial to the Governor explaining how your business can open safely. Please contact Patrick Baker (pbaker@greatermankato.com) for more details.

Gov. Walz Announces Additional Business Reopenings for June 1

FromTheDomeGovernor 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 future as the state continues to reopen businesses and other activities, however the timeline for when those phases will go into effect is not yet known.

Clarification was also provided that effective immediately, youth sports can conduct practices of up to 10 people, but that games would not be allowed until the next phase of openings. Continue reading “Gov. Walz Announces Additional Business Reopenings for June 1”

Governor Walz Announces Additional Business Openings & Stay Safe Guidance

FromTheDomeGovernor Tim Walz today announced a series of new executive orders and future actions that would:

  1. End the Stay at Home Order as scheduled on May 18, replacing it with a Stay Safe Order. Gatherings up to 10 people will be permitted.
  2. Will allow all retailers to open to in store customers at reduced capacity effective May 18.
  3.  Allow restaurants, salons, fitness centers, and other entertainment venues etc. to open June 1 under restrictions to be announced on May 20.
  4. Protect workers from unsafe working conditions and retaliation.

Continue reading “Governor Walz Announces Additional Business Openings & Stay Safe Guidance”

Legislative Session Recap Virtual Discussion

virtual event logoJoin your colleagues and our regional legislators on May 22 at 8 am as Greater Mankato Growth hosts a virtual discussion to recap the 2020 legislative session.

With COVID-19 still significantly impacting businesses, our panel of legislators will provide an update on their efforts to support our state at this time. Attendees will also have an opportunity for Q&A so you can engage directly with our legislators on the issues most important to you.

This event is free. Once registered, you will be emailed a link to access the webinar, which will also be recorded and posted on the event page when complete. Continue reading “Legislative Session Recap Virtual Discussion”

Greater Mankato Growth Signs Letter to Gov. Walz

FromTheDomeYesterday Greater Mankato Growth partnered with 75 chambers of commerce from across the state to send a letter to Governor Walz urging him to consider a more rapid and equitable approach to safely open businesses of all sizes. In addition, our community’s own Marissa Brostrom, Owner of Graif Clothing, appeared in a video of small business owner testimonials.

To follow up on the letter, this week Greater Mankato Growth leadership is personally speaking with the Governor and Commissioner Steve Grove of the Minnesota Department of Employment & Economic Development.

Greater Mankato Growth continues to advocate strongly on behalf of our members both publicly and behind the scenes.

Partial Return to Work for Some Non-Critical Sectors Announced

FromTheDomeGovernor Tim Walz on April 23 announced his strategy for how his administration will approach planning for the development of a comprehensive framework that will reopen Minnesota’s economy in phases.

The first step in that process is the issuance of Executive Order 20-40 which begins the process of safely returning Minnesotans to work, starting with workers in non-customer facing industrial and office-based businesses who cannot work from home. Guidance on what businesses are allowed to return to work under EO 20-40 can be found here. In addition, the state has created a comprehensive and detailed website for businesses to reference on safely returning to work, including FAQs.

In general, the order: Continue reading “Partial Return to Work for Some Non-Critical Sectors Announced”

U.S. Senate Passes Bill Providing Additional Funds for Small Business

FromTheDomeThe U.S. Senate today passed an additional stimulus bill that will provide $480 billion to COVID-19 related programs, including an additional $310 billion for the Paycheck Protection Program. The U.S. House is expected to consider the bill tomorrow and President Trump has indicated he will sign.
The bill also includes:
  • $60 billion for smaller lending facilities, including minority depository institutions, certified development companies and credit unions;
  • $10 billion for grants under the SBA’s Emergency Economic Injury Disaster Loan program;
  • $50 billion for SBA disaster recovery loans;
  • $2.1 billion for additional salaries and expenses for the Small Business Administration;
  • $75 billion for hospitals and health care providers to support for Covid-19 expenses and lost revenue from canceled elective surgeries and other procedures;
  • $25 billion for research to develop, validate, manufacture, purchase and administer Covid-19 tests, including $11 billion for states to expand lab capacity.

Webinar: How State and Federal Legislation Can Help Your Business

FromTheDome

Both the federal government and Minnesota Legislature have recently passed legislation that will speed critical funds to Minnesota businesses and families. With new legislation comes questions on what the changes mean for Minnesota businesses. The Minnesota Chamber of Commerce recorded a webinar to answer your questions on both the state and federal COVID-19 relief packages. Patrick Baker on the GMG team is also well-versed in these new state/federal programs and is happy to walk any business through them. You can contact him at 507-385-6657 or pbaker@greatermankato.com Continue reading “Webinar: How State and Federal Legislation Can Help Your Business”