U.S. Small Business Administration

Over 33 Thousand Minnesota Small Businesses Approved for Forgivable Loans

Sen. Tina Smith says more work has to be done to address the funding shortage for loans.

April 15, 2020

Arman Rahman,

MINNESOTA, As stimulus checks begin rolling out, additional help through forgivable loans have been awarded to over 33,819 Minnesota small businesses as of Monday. The Paycheck Protection Program (PPP) grants loans to small businesses as part of the Stimulus Package. The loans are forgivable to businesses who retain or rehire their workers. Senator Tina Smith (D), who helped pass the…

Business Leaders Celebrate Small Business Development Centers Day

The Northeastern Minnesota SBDC has assisted more than 700 businesses and helped create almost 1,300 new jobs.

March 21, 2018

Haydee Clotter,

DULUTH, Minn. – Gov. Mark Dayton has proclaimed March 21 as Small Business Development Centers (SBDC) Day. The Northland joins many states in the nationwide celebration of local and small business growth and development. About two-thirds of businesses with employees survive at least two years and about half survive at least five so SBDCs are instrumental. Duluth Technology Village brought out…

U.S. Small Business Administration

Over 33 Thousand Minnesota Small Businesses Approved for Forgivable Loans

Sen. Tina Smith says more work has to be done to address the funding shortage for loans.

Business Leaders Celebrate Small Business Development Centers Day

The Northeastern Minnesota SBDC has assisted more than 700 businesses and helped create almost 1,300 new jobs.

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