The MN Department of Revenue Has Released Their Process.
While the MN SBDC is not playing a role in the process for the COVID 19 Business Relief Bill recently passed by our state legislature and Governor Walz, we are working to stay informed so that we can help you stay informed.
The $216 million economic relief package was signed into law December 16.
Eligible business owners do not need to take any action to receive this aid.
The Department of Revenue will determine eligibility and payment amounts based on program requirements in the law.
Executive Order 20-99
See Dept. of Revenue page for more information.
Note: Annual sales tax filers are not eligible for this program.
Relief Payment Amounts
Eligible businesses will receive a payment based on their number of employees and participation in the Minnesota Unemployment Insurance program. The payments are considered taxable income and will be calculated as shown above.
Eligible small businesses not in the state Unemployment Insurance program will receive $10,000.
Note: To verify business addresses, log in to e-Services. For questions about your business category or number of employees, contact Minnesota Unemployment Insurance.
For questions about this program or your payment, email us at firstname.lastname@example.org or call 651-282-9999.
PO Box 612, Moorhead, MN 56561