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Meeker County Economic Development Authority Page 1 of 4
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<br />Meeker County Economic Development Authority (MCEDA)
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<br />COVID-19 Business Assistance Loan Policy
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<br />It is the mission of Meeker County Economic Development Authority (MCEDA) to assist in stimulating the
<br />economy of the Meeker County area and improving the overall County business environment.
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<br />During this time of uncertain and stressful economic conditions associated with the current COVID-19
<br />pandemic, MCEDA has decided it is in the best interest of the County and its businesses to create an
<br />emergency assistance fund for those businesses that have been forced to close or significantly reduce their
<br />operations due to the Governor of Minnesota issuing executive orders for businesses to cease operations that
<br />are considered to have a greater potential for community spread of the COVID-19 virus.
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<br />MCEDA shall disclose no information, recommendations or statements made by any individual (including a
<br />loan officer, MCEDA staff person, or MCEDA Board Member). No information may be divulged directly or
<br />indirectly to any applicant, or to any of its representatives or any other unauthorized individual.
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<br />1. Goals and Objectives
<br />➢ Ensure that all loans will be paid back
<br />➢ Ensure that all loans will be good for the County and assist with business survival during this pandemic
<br />➢ Provide emergency financing for businesses that are suffering financial hardships due to the COVID-19
<br />business restrictions
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<br />2. Eligible Applicants
<br />➢ Businesses cited in Governor’s Emergency Executive Order 20-04 as follows:
<br />1. Beginning no later than March 17, 2020 at 5:00 pm, and continuing until March 27, 2020 at 5:00 pm,
<br />the following places of public accommodation are closed to ingress, egress, use, and occupancy by
<br />members of the public:
<br />a. Restaurants, food courts, cafes, coffeehouses, and other places of public accommodation
<br />offering food or beverage for on-premises consumption, excluding institutional or in-house food
<br />cafeterias that serve residents, employees, and clients of businesses, child care facilities, hospitals,
<br />and long-term
<br />care facilities.
<br />b. Bars, taverns, brew pubs, breweries, microbreweries, distilleries, wineries, tasting rooms,
<br />clubs, and other places of public accommodation offering alcoholic beverages for on-premises
<br />consumption.
<br />c. Hookah bars, cigar bars, and vaping lounges offering their products for on-premises
<br />consumption.
<br />d. Theaters, cinemas, indoor and outdoor performance venues, and museums.
<br />e. Gymnasiums, fitness centers, recreation centers, indoor sports facilities, indoor exercise
<br />facilities, exercise studios, and spas.
<br />f. Amusement parks, arcades, bingo halls, bowling alleys, indoor climbing facilities, skating
<br />rinks, trampoline parks, and other similar recreational or entertainment facilities.
<br />g. Country clubs, golf clubs, boating or yacht clubs, sports or athletic clubs, and dining clubs.
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<br />➢ And those businesses cited in Governor’s Emergency Executive Order 20-08 as follows:
<br />Paragraph 1.e. of Executive Order 20-04 is amended by the following additions (indicated by underlined
<br />text) and deletions (indicated by strikethroughs): Gymnasiums, fitness centers, recreation centers,
<br />indoor sports facilities, indoor exercise facilities, exercise studios, and spas tanning establishments,
<br />body art establishments, tattoo parlors, piercing parlors, businesses offering massage therapy or similar
<br />body work, spas, salons, nail salons, cosmetology salons, esthetician salons, advanced practice
<br />esthetician salons, eyelash salons, and barber shops. This includes, but is not limited to, all salons and
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