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o Registered with Sec. of State and in business since 3.1.19, current with property <br /> taxes. <br /> o Non-profits also eligible for funding. <br /> o Demonstrated negative impact by business interruptions since 3.1.20 due to Covid- <br /> 19. <br /> o Revenue statement from 3.1.19—7.1.19 vs. same from 2020. <br /> o Preference goes to businesses closed by Exec. Orders 20-04 and 20-08. <br /> • Exclusions <br /> o Not available to businesses that received MN DEED Small Business Grant. <br /> o Not available to home-based businesses. <br /> • Aid <br /> o Maximum $5,000 grant for 1-15 FTEs, maximum of$2,500 for non-profits. <br /> o $500,000 in total funding available. <br /> o Used for payroll, rent or lease payments, utilities, equipment costs or rental, <br /> working capital or other business critical operating expenses, expenses related to <br /> reopening plan and for promoting social distancing. <br /> • Restrictions <br /> o Cannot be used to cover same expenses as SBA EIDL or PPP loans. <br /> • Process <br /> o Applications accepted until 8.21.20. <br /> o Lotter selection for first round. <br /> • Application <br /> o Short application—after approval, must sign participation agreement. <br /> o Submit all receipts and proof of payment by 10.15.20. <br /> o W-9 form. <br /> • Enforcement <br /> o None listed in program guide. <br />