55 Federal, State and Nonprofit Relief Efforts and Funds to Help You Through the Coronavirus Pandemic
3 Apr 2020
In 2018, over 30 million small businesses accounted for 99.9 percent of the total businesses in the United States. Over 59 million small business employees accounted for 48 percent of the total employees in the United States. And our unemployment rate was 4.1 percent, according to the SBA.
Now, the Federal Reserve Bank of St. Louis estimates 47 million Americans could lose their jobs by the time the coronavirus allows our economy to begin recovering. That's a 32 percent unemployment rate.
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On April 1, 2020 the Red Wing Port Authority approved a new financing program for small businesses in Red Wing. “The Small Business Emergency Grant/Loan Program.”
Currently we have received 39 applications totaling $549,000 in request. At this time we are no longer accepting application, until further...
As part of their COVID-19 Response Supplemental Budget proposal, Gov. Tim Walz and Lt. Gov. Peggy Flanagan proposed $30 million in funding for emergency grants for licensed child care providers serving essential workers during the COVID-19 public health emergency. Child care providers and educators themselves are expressly listed as essential...
At The Tavern on Main, a downtown café and bar in Litchfield, Minnesota, Bethany and Michael Lee had to lay off 13 workers as they try to salvage their business during the disruptive “social distancing” brought on by the COVID-19 crisis.
The Lees had to shutter their dining area, which doubles...