Morrison County has COVID-19 Business Assistance Program
31 Jul 2020
Business, Economic Development, Community, Government
By Carol Anderson, Executive Director of Community Development of Morrison County.
On July 28, the Morrison County Board of Commissioners gave the approval to transfer $408,000 from the funding they received from the state of Minnesota COVID funding to the Morrison County Rural Development Finance Authority. This is grant funding that can be used by businesses that have a permanent physical location in Morrison County. The business must be majority-owned by a permanent resident of Morrison County and must be in good standing with the Minnesota Secretary of State and the Minnesota Department of Revenue as of March 1, 2020, and been in business since Dec. 1, 2019. All eligible applicants must provide proof that they filed a recent Federal Tax Return and include it with this application. Proof for expense reimbursement or proof of disruption of business costs must be included with the application.
The state of Minnesota provided guidelines as to what are eligible and ineligible costs and who are eligible and non-eligible applicants...