For those who have not yet seen the most recent updates from the MN SBA District Office, please see below and pass along to anyone who may be interested.

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The SBA will be providing small business assistance through the Economic Injury Disaster Loan (EIDL) program. This program can provide low-interest loans of up to $2 million to businesses and private non-profits. It’s important to recognize that the state has not yet received a disaster declaration, so loans are not yet available to Minnesota businesses and non-profits.


SBA is working with the State of Minnesota to support their efforts to submit the Governor’s request for a declaration as quickly as possible. That process has just been simplified by the SBA’s Administrator and we expect authorization to come through very soon. When it does, we will be making announcements and sharing information on how to apply online via our newsletter, Twitter and partners.
For more on SBA programs for the coronavirus, please visit


Impacted Government Contractors

If a situation occurs that will prevent small businesses with federal government contracts from successfully performing, they should reach out to their contracting officer and seek extensions before they receive cure notices or threats of termination. SBA’s Business Opportunity Specialist Shaun McClary can help affected small businesses engage with their contracting officer.

Info from SBA Partners and Sister Agencies

We will continue to share additional resources as they become available.  This is by no means an all-inclusive list, but we hope it gives you a good starting point to get the help you need to deal with the crisis at hand.

SADBOC Procurement Fair Canceled

A Message from the Small and Disadvantaged Business Opportunity Council (SADBOC):

Due to social distancing requirements that are in effect, we are canceling the SADBOC Government Procurement Fair that was to take place on April 23, 2020.  We are exploring alternative means to deliver distance learning opportunities to attendees.
Please follow the SADBOC Facebook page for updates.
If this message was forwarded to you, please subscribe to the SBA newsletter for future updates.


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We will also be posting information on Twitter (@SBA_Minnesota) as it becomes available. Join us there.