COVID-19 Updates

March 27, 2020 Economic Development Update:

The MN Department of Employment and Economic Development (DEED) facilitated scheduled calls every morning this week. Next week, the calls are scheduled for Monday (3/30), Wednesday (4/1), and Friday (4/3). I will continue to update you afterwards.

Steps for businesses looking to apply for State/SBA loans:

  1. Visit with your own financial institution to seek flexibility within your current lines of credit.
  2. Apply for a SBA loan by clicking here.
  3. Apply for the Small Business Emergency Loan Program (bridge loan) – We were told this morning that DEED is hoping to start accepting applications on Monday, March 30th.

NEW SINCE YESTERDAYS UPDATE:

  • Waiting for final approvals on the Federal stimulus package – It sounds like there will be another loan guarantee program available for small businesses.
  • If you have questions regarding virtually notarizing, please refer to the Secretary of State website.
  • CareerForce Centers are providing all services virtually – those who do not have internet service can call and receive service.
  • Both individual and business income taxes are due on July 15, 2020.

OTHER UPDATES ARE AS FOLLOWS:

Stay at Home Order

  • Governor Walz signed Executive Order 20-20 and announced a Stay at Home order starting tonight, Friday, March 27 at 11:59 p.m. until Friday, April 10. The Governor is also extending the closure of schools until May 4 and bars and restaurants until May 1.
  • The list of critical sectors may be clarified, as deemed necessary by the Governor, to ensure the health, safety, and security of all Minnesotans. Clarifications will be available for public review at: http://mn.gov/deed/critical/.
  • If a business would like to seek further clarification, please fill out the form on the DEED website here: https://mn.gov/deed/newscenter/covid/business-exemptions/
  • The DEED website is updated with the latest information as received: https://mn.gov/deed/newscenter/covid/employers/

Small Business Emergency Loan Program

  • All information can be located here.
  • DEED should have the ability to accept applications on Monday, March 30, 2020.

SBA – Economic Injury Disaster Loan Program 

  • The SBA is accepting loan applications – Businesses can apply by clicking here.
  • Businesses and non-profits can apply.
  • Loans can be written for up to $2M and can have a term for up to 30 years (case by case).
    • Businesses will have an interest of 3.75% attached to the loan.
    • Non-profits will have an interest of 2.75% attached to the loan.
  • Payments are deferred for 12-months.
  • Process time for approval/denial is 3-4 weeks and are on a first come, first serve basis. All are encouraged to apply as soon as possible.
  • DEED is asking for people to get on their Small Business Assistance Office’s mailing list – Contact information is within the site (I couldn’t find a direct link that would allow you to sign up).
  • DEED is setting up a technical assistance team to assist businesses in filling out applications.

Sales Tax

  • Sales tax is due on April 20, 2020.
  • All are encouraged to refer to the MN Department of Revenue website and to correspond with the Department via email.

Individual and Business Income Taxes

  • Individual and business income taxes are due on July 15, 2020 – All are encouraged to file as soon as possible, however.
  • All are encouraged to refer to the MN Department of Revenue website and to correspond with the Department via email.

Property Taxes

  • Property taxes are handled at the County level. The MN Department of Revenue is currently working with many Counties in their planning efforts.
  • Continue to reach out to Sherburne County with the questions you have.

Unemployment Insurance (UI)

  • Use their online system for an easier and more efficient service .
  • DEED is encouraging employers to look into the Shared Work Program – This program allows employers to receive UI benefits for their employees if they are reducing hours for multiple employees rather than looking into layoffs.
  • Keeping employees on payroll with just health insurance or a leave option is encouraged – employees can still apply for UI in this situation.

MN Department of Commerce Update

  • Discussing Business Continuity Insurance.
  • Working to extend deadlines on those who hold licenses.
  • If you feel that you are being targeting by predatory lenders, go to the MN Department of Commerce website and file a complaint. The Department will work with the Attorney General’s Office.
  • The Department is currently working with banks and credit unions to find ways they can support them in assisting their local communities.

MN Department of Labor and Industry Update

  • For health and safety questions, please refer to the Departments OSHA Division.
  • Please refer to the DOLI COVID-19 for information.
  • The Department has suspended license examination.
  • The Department has been able to keep up with renewing licensing but are providing a 90-day extension for CEU’s.

State Subsidies Performance Standards

  • Talk to your loan officer through DEED regarding your loan agreement if you are looking for an extension on achieving job creation goals.

Workplace Health and Safety

For information on the Executive Order 20-14 Suspending Evictions and Writ of Recovery, click here.

Anyone in the private sector who can assist with the personal protection equipment/medical equipment shortage, please email hsem.ppp@state.mn.us

If you have questions/comments you would like to ask the DEED office directly, please use this online form.

Please know that I, on behalf of the Big Lake EDA and City of Big Lake, am available to support you in any way I am able. The best way to connect with me is via email at hklimmek@biglakemn.org or my cell phone at 320-282-4994. I am available for you any time, Sunday through Saturday.

-Hanna Klimmek, Community Development Director

March 26, 2020 Finance Update:

Click here to view guidance on how to be financially proactive during emergencies. 

March 23, 2020 Sherburne County Update:

The COVID-19 crisis has caused uncertainty, rumors and false information to spread through our community. We want to be a resource to unite us with accurate information and to help our local economy flourish.

To that end, we are asking you to fill out the survey that can be found at this link. We want to know a little about your business and your employees and the impact COVID-19 is having on your operations. We also want to know how we can help.

We may share select information with the community if our economic development staff feel it would be beneficial to your business. If you have any questions, concerns or comments please email Dan Weber at dan.weber@co.sherburne.mn.us.

-Dan Weber, Sherburne County Administrator

March 19, 2020 General Update:

We wanted to update everyone on conducting business with the City during the COVID pandemic.

The City will continue to provide all services, but please try to conduct your business online if possible. If you need to meet with someone at City Hall, please make an appointment by calling City Hall at 763.263.2107. We will not be accepting walk-in traffic at this time.

Most City business can be conducted online. Here is a summary of common requests and how to find them electronically:

For any other questions, please contact City Hall at 763.263.2107.

Liquor Store Hours: Due to increasing demand, increased sanitation efforts, and staffing issues caused by school closures, Lake Liquors will be moving to a 11 a.m. to 7 p.m. schedule for all days except Sunday which will be 11 a.m. to 4 p.m.  We are also asking that customers use credit cards instead of cash when possible so that our clerks can avoid handling cash.

Community Gathering Spaces: Because of the President’s recommendation to eliminate community gatherings greater than 10 people, the Senior Center and Community room will be closed until further notice.