Minnesota COVID-19 Hotline
The Minnesota Department of Health has public hotlines to answer COVID-19 questions.
School and child care questions:
651-297-1304 or 1-800-657-3504
Health questions:
651-201-3920 or 1-800-657-3903
Business Resources and News regarding COVID-19
FREE BUSINESS ASSISTANCE WEBINARS
Karen Pickering cowpick@yahoo.com
Michael Thorne michaelthorne67@yahoo.com
Peter Borchers pete@borcherscreative.com
Scott Kadrlik scott@mfkcpa.com
VIEW HERE
RE-OPENING RESOURCES
BUSINESS AND PROFESSIONAL RESOURCES
If you are in need of a local bank contact for a PPP loan, below is the contact information for our Lakeville Chamber member banks.
Things our local banks want you to know before submitting your application:
- Gather your most recent business organizational documents, including your EIN number, and official name as it is registered with the Secretary of State, so your banker has the most updated information on the specific business entity that is applying for the program, as well as its owners. Gather your payroll information such as average monthly payroll, payroll reports for 2019, IRS Forms 941 or 944, W2s, and form 5500.
- Copies of payroll tax reports file with the IRS (including Forms 941, 940, state income and unemployment tax filing reports) for the entire year of 2019 and first quarter of 2020 (if available) should be presented. Such reports should include gross wages including PTO (which might include vacation, sick, and other PTO). This includes payroll reports through the pay period preceding the origination of the SBA loan.
- Documentation reflecting the health insurance premiums paid by the company under a group health plan including owners of the company for the immediately preceding 12 months prior to the date of the SBA loan origination. Copies of the monthly invoices should suffice.
- Documentation of all retirement plan funding by the employer for the immediately preceding 12 months. Copies of work papers, schedules and remittances to the retirement plan administrator should be sufficient.
- Have the application filled out in entirety, have access to and be ready to provide supporting payroll records and corporate documentation that may be requested.
- Open a separate checking account to manage expenses specific to your PPP loan proceeds so the documentation needed for the forgiveness part of the process is easier for you.
- It is important to talk with your lender sooner rather than later as all the programs have a limited amount of funds available and they are distributed on a first come, first serve basis.
Citizens Bank
- 952.469.1919, lcollman@citizensmn.bank
- Lowell Collman, Kyle Potswald, Jon Maier
- www.citizensmn.bank Under our business tab you will find a webpage devoted to COVID-19 loan relief programs, including instructions for applying and submitting documentation electronically. We have additional in house, loan products to help you and your business during this time.
Fidelity Bank (952) 831-6600
Frandsen Bank
- 952-469-2265 and request to speak with a Business Banker
- Pat Arling, parling@frandsenbank.com (Lakeville)
- Mike Lebens, mlebens@frandsenbank.com (Apple Valley)
- Brian Brakke (Apple Valley), Marilee Jager (Lakeville)
Great Southern Bank (952) 435-6700
Lakeview Bank
- Mike Puppe, 952-892-9711, mpuppe@lakeview-bank.com
- Brady Folkestad, 952-892-9713, bfolkestad@lakeview-bank.com
Merchants Bank – 952-841-4260, Current customers should contact their business banker
New Market Bank
- Dan Ringstad, dringstad@newmarketbank.com, 952-223-2319
- Joe Julius, jjulius@newmarketbank.com, 952-223-2329
- Jake Johnston, jjohnston@newmarketbank.com, 952-223-2334
Old National Bank – Current customers should contact their business banker.
Premier Bank
- Nate Larson & Joye Bedard: 952-888-5678
- Sarah Osterberg: 651-463-4440
Roundbank – Eric Haney, 612-607-7635, CARES2020@ROUNDBANK.COM
Sterling State Bank – Paul Rime, (952) 892-3997, prime@sterlingstatebank.com
Think Bank – Sonya Busch, 952-322-3501, sbusch@thinkbank.com
US Bank, (800) 872-2657
If you are a current member of one of our Credit Unions, please contact them about their options and programs.
Affinity Plus Credit Union, (651) 291-3700
Firefly Credit Union, businessservicerepresentatives@fireflycu.org, 952.736.5202
Genisys Credit Union, (952) 595-6064
Wings Financial Credit Union, CommercialServices@wingsfinancial.com, 800 692-2274
A Guide for Minnesota Small Businesses Who Need Help. This breaks down the various loan options and if it is right for you.
Shared Work – alternative to layoff
State of Minnesota worker protections related to COVID-19
Tax Information, Extensions and Deadlines
SBA Loans NOW AVAILABLE for Minnesota. Information and application here.
Open to Business is your FREE business assistance resource provided by Dakota County. During this time the Open to Business team is ready to discuss your business concerns from COVID-19 related funding needs (Federal, State) to cash flow and next steps for keeping your business open.
M: 952-239-0767
Small business owners impacted by the economic consequences of the pandemic can call Partner America™ for one-on-one help. Owners will be connected with experts who can help them develop strategies for their businesses, including personnel management, operations, and liquidity. Additionally, specialists will help owners navigate funding options at the Federal, State and Local level. Business owners can reach a Partner America™ representative at (855) 876-5561.
County information regarding COVID-19
Very Comprehensive. Guidance for employers and employees, situation update. Email update subscription option.
Federal worker protections related to COVID-19
Interim Guidance for Businesses and Employers
News Releases
Resources & Guidelines for Business
Webinars and other Business Resources
COVID-19 Resources for Retailers
Here is an up-to-date listing of what our local eateries are offering during this time.
How you can help our community during this time.
