Emergency Assistance for Small Businesses

Small businesses are a critical part of the Southeastern Minnesota economy and many have been negatively impacted by the COVID-19 pandemic.  If your small business has been negatively impacted, you may qualify for the Emergency Assistance Program for Small Businesses.

You Must:

  • Be a locally owned and operated for-profit business with a physical establishment located in Wabasha or Winona County.
  • Have 50 or fewer employees.
  • Be open and operating since January 1, 2020.
  • Be in good regulatory standing with the State of Minnesota, county, and city in which the business is located.  This includes being current on applicable licenses, in compliance with city regulations, and being current on property taxes.
  • Be able to demonstrate a COVID-19-related revenue loss of 5% or more since March 15, 2020 (no credit score or collateral requirements apply).

These funds can only be used to cover business expenses for which other financial assistance was not provided. To receive funding under this program, you must document other assistance received and detail the additional, unmet need.

*Funding will only be award for expenses not covered by any city, state, or federal funds.  Applicants are ineligible to receive duplicative funding from this Small Business Emergency Fund, AND city, state, or other federal funds.

Certain businesses are ineligible, including:

  • Home-based businesses.
  • Businesses without a physical establishment.
  • Non-profit organizations.
  • Corporate or multi-state chains.  Franchisees are considered eligible businesses.
  • Businesses in default conditions prior to March 1, 2020.
  • Businesses that primarily derive income from any of the following:  gambling; adult entertainment; passive investment; real estate transactions; property rentals/property management; billboards; or lobbying.
  • Businesses that primarily sell pawned merchandise, guns, tobacco or vaping products.

Eligible Uses:

  • Payroll
  • Rent
  • Mortgage payments
  • Utilities
  • Payments to suppliers
  • Other critical non-payroll business expenses (including, but not limited to expenses related to re-opening, personal protective equipment, and others) as approved by the fund administrator

NOTE: Failure to submit required documentation will result in forfeiture of the grant award.  

 NOTE: SEMMCHRA reserves the right to revise these guidelines as needed to best address the impact to businesses of the current pandemic.

Grant Income & Expense Report
Business Report of Expended Grant Funds
Small Business Emergency Assistance Program – FAQ’s

For more information on the COVID-19 Emergency Assistance for Small Businesses Contact:

Amy Gusa

Intake Housing Specialist

134 East Second Street
Wabasha, MN 55981