Resources available to Residential customers
Olmsted County HUD has been issued a $1,000,000.00 grant that can assist with rent payments.
Email request to: covidrenthelp@co.olmsted.mn.us
Olmsted County Human Services has additional cash, food, health, emergency grants available. A second round of funds have been granted to assist with emergency needs. Note: Even if you’ve utilized an emergency grant in the past 12 months, you may qualify for emergency funding again prior to the 12 month anniversary of the previous grant. Call: 507.328.6500
Resources available to Commercial customers
New relief for small businesses NOW AVAILABLE!
The PPE deadline to apply for the loan has been extended to August 8, 2020.
1. To determine if business is Critical on by searching by their 4-digit NAICS industry code https://mn.gov/deed/assets/naics-critical-list_tcm1045-424829.pdf
a. find North American Industry Classification System (NAICS) on business tax filings paperwork OR https://www.naics.com/search/
2. The Rochester Area Chamber https://www.rochestermnchamber.com/ Ph# 507.288.1122 Email: chamber@rochestermnchamber.com
3. Rochester Area Economic Development (RAEDI) http://www.raedi.com/doing-business-here/covid-19-resources.php Ph# 507.288.0208, email info@raedi.com
4. City of Rochester / Rochester Area Economic Development, Inc. (RAEDI) COVID-19 Emergency Economic Development loans https://www.rochestermn.gov/departments/emergency-management/covid-19-emergency-economic-development-and-stability-information
5. SBA Olm County – Southeast Minnesota Small Business Development Center Check eligibility and loan application https://covid19relief.sba.gov/#/ OR https://www.sba.gov/size-standards/
SBA Emergency Injury Disaster Loan video https://www.youtube.com/watch?v=Vr9e4O15wYk&t=50s
U.S. Small Business Administration Coronavirus (COVID-19): Small Business Guidance & Loan Resource https://www.sba.gov/page/coronavirus-covid-19-small-business-guidance-loan-resources
SBA Customer Service Center at 1-800-659-2955 or (TTY: 1-800-877-8339) Ph# 507-285-7436 email: DisasterCustomerService@sba.gov
6. DEED: Minnesota small businesses should send questions about this emergency loan program to ELP@state.mn.us a. More info: https://mn.gov/deed/newscenter/covid/business-exemptions/ b. More info: https://mn.gov/deed/business/financing-business/deed-programs/peacetime/
c. Businesses should apply directly through a certified lender
7. SMIF – Southern Minnesota Initiative Foundation https://smifoundation.org/covid-19/
Diane Lewis, Lending Officer: dianel@smifoundation.org | 507-214-7014
Marcia Haley, SBA Lending Director: marciah@smifoundation.org | 507-214-7021
8. COVID-19 Information hotline: 651-201-3920 (Monday – Friday from 8 a.m. to 4:30 p.m.)
9. Updates on actions as directed by the Governor of Minnesota: Gov. Walz website https://mn.gov/governor/news/ 10. MN Chamber of Commerce Tool Kit https://www.mnchamber.com/blog/covid-19-business-toolkit