News Flash

Economic Development

Posted on: March 19, 2020

For Businesses Impacted by COVID-19

Business Resources

Updated: 1-14-21

A variety of resources are available to help businesses, employers, and workers dealing with the impacts of COVID-19. The City continues to update its information as changes occur.

Anoka County Business & Nonprofit Relief Grant Program
Available until early March on a first come, first serve basis. Read more in the link below.

Anoka County Business and Nonprofit Relief Grant Program

Business 4 Business MSP

A broad alliance of Twin Cities counties, chambers of commerce, community development agencies and other partners are building a local support network to help small businesses survive and recover from the COVID-19 pandemic. This initiative is currently raising funds to support small businesses in the Twin Cities. In the coming weeks and months, more information will become available on small business grants and technical assistance for businesses. Visit the website for more details. 

Temporary Outdoor Dining
Effective June 1, a State of Minnesota Executive Order allows restaurants to reopen for outdoor service. In response, the City of Coon Rapids has adopted a policy to make it as easy as possible to allow the City’s restaurants to offer expanded outdoor dining. This policy streamlines the process for restaurants to quickly expand current outdoor seating areas or create new outdoor seating. More details and the application form is available on the City website here. 

Questions about the City’s process may be directed to Trevor White by email.

Additional guidance from the State of Minnesota on reopening restaurants is available online.

Resources on Safely Reopening Businesses
The State of Minnesota offers guidance on types of businesses affected by Stay at Home orders, resources on creating COVID-19 Preparedness Plans, unemployment insurance, and other advice on reopening and helping employees safely return to work.

State and Federal Financial Resources for Businesses
The State of Minnesota also provides up-to-date information on State and Federal emergency financial resources for businesses, including the SBA Paycheck Protection Program, SBA Disaster Assistance Loan Program, Minnesota Unemployment Insurance Shared Work Program, Minnesota Small Business Emergency Loan Program, and Minnesota Small Business Loan Guarantee Program.

Bank Loans
Many banks and credit unions have established new loan programs or are offering modified repayment options on existing loans for both personal and business loans. In addition, the recent Federal CARES Act passed provides a 6-month debt forgiveness to the borrower for all 504, 7a, Community Advantage, Microloan borrows and Disaster Loans from the SBA.

Open to Business Technical Assistance
The Open to Business program can provide free technical assistance to businesses as they navigate the current situation. This includes working with lenders on restructuring payments or negotiating temporary relief; navigating employee or payroll matters; utilizing tax credits; and shifting business models temporarily to online sales, gift certificates, or delivery. Businesses can contact Business Advisor Carrie Mikkonen by email.

Local Chambers of Commerce

Both the Anoka Area Chamber of CommerceMetro North Chamber of Commerce and Anoka Area Chamber of Commerce list a variety of resources online. 

Metro North

State Sales Tax Deferral
The State Revenue Department is deferring the collection of Sales Tax payments due on March 20, 2020, with no late fees or penalties.

Sick Leave Policy Guidance
The Minnesota Department of Health offers resources regarding sick leave policies.

CDC Guidance for Business
The Centers for Disease Control offers additional guidance for businesses and employers.

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