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• The applicant acknowledges that they have read the COVID-19 Small B¢shiess Emergency <br />N icroloan Program guidelines and understands that if the applicatlon is approved for <br />funding, loan funds awarded must only be used to pay eligible expenses. <br />Data Privacy Notice: The city and the EDA are subject to Minnesota Statutes Chapter 13 (the <br />"Minnesota Government Dara Practices Acq, The application shall become the property of the city <br />and/or EDA and is subject to the Minnesota Government Data Practices Act. <br />LOAN PROGRAM POLICY <br />AUTHORIZATION FOR RELEASE OF INFORMATION <br />I declare that the information provided in this application and on the accompanying exhibits is <br />true and complete to the best of my knowledge. I agree to be bound by all terms and <br />conditions of the COVID-19 Small Business Emergency Microlom Program The City of Elk <br />River Economic Development Authority has the right to verify any information contained in <br />this application, including creditreports on the individuals and the business, and may contact any <br />individuals and institutions involvedwith the proposed project. The lenders named herein have <br />the tight to share information with the EDA, its Finance Committee and boards u is necessary <br />W approve the application forits loan funds. <br />Signature/Title of Applicanta[e: <br />Siguature/Title of <br />Applicants are encouraged to review the Governor's Executive Orders 20-04 and 20-08 for <br />further definition and clarification of businesses that are or are not eligible for this COVID- <br />19 Small Business Emergency Microlom. The EDA retains final authority m determine if a <br />business is eligible or not, and whether to approve a loan or not. <br />For questions, call 763.635.1042 or cell at 763.218.2766 or email � of houdrg eiknvcrmn .o.,. <br />COVID-19 Small Business Emergency Microloan Program <br />Policy History <br />Ado ted b(date) - Item <br />it <br />EDA 5/1/1 8/2020 7.2 <br />8 <br />