Quantcast

SE Twin Cities

Tuesday, May 14, 2024

CITY OF ELYSIAN: Update Information with the State to Get New Funding

Funding

City of Elysian issued the following announcement on Dec. 26.

Businesses in Le Sueur County are advised to update their information with the state in anticipation of receiving funding in the new round of grants for relief due to the latest COVID shutdown.

First the state will award grants with direct payments. On Dec. 14, the Minnesota Department of Revenue was authorized to distribute $88 million to restaurants, breweries, wineries, distilleries, bowling alleys, bars, and fitness/recreation centers to receive direct payments from the state. It is critical for businesses to log into their accounts with the state to confirm or update their information because the payments are based on business type, number of employees and sales tax loss data. These state grants will range in size from $10,000 to $45,000.

To verify business addresses, log into e-Services, https://www.mndor.state.mn.us/tp/eservices/_/

If you have questions about your business category or number of employees, check with Minnesota Unemployment Insurance, https://www.uimn.org/

These steps are important for business owners because of how the state will evaluate and notify businesses of the grants. “We will determine what businesses are eligible and their aid amount based on sales tax and unemployment records as of Nov. 1, 2020,” the state said. Then, eligible businesses will be notified via their e-Services account by Dec. 31. Payments will then be mailed in early January to the main address on the Sales Tax account. 

The Minnesota legislature also approved over $556,000 for grants to small businesses and non-profits to be administered by Le Sueur County for its citizens. 

The county is continuing its contract with Next Stage, the firm that processed the CARES Act funds last fall. Le Sueur County has begun planning for distribution of funds, coordinating with the State of Minnesota’s Department of Revenue. Little details have been received at this time. 

Business owners may receive information and updates about the county program and others on the county’s website at https://www.co.le-sueur.mn.us/.../Small-Business-COVID-19.... 

Utilizing federal CARES Act funding, Le Sueur County was able to award up to $10,000 grants to 56 businesses operating in the county, with a grand total of over $500,000 in small business grants.  The CARES Act funding ended Dec. 1.

Original source can be found here.

ORGANIZATIONS IN THIS STORY

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate

MORE NEWS