COVID-19 Business Assistance Loan Policy
It is the mission of Meeker County Economic Development Authority (MCEDA) to assist in stimulating the economy of the Meeker County area and improving the overall County business environment.
During this time of uncertain and stressful economic conditions associated with the current COVID-19 pandemic, MCEDA has decided it is in the best interest of the County and its businesses to create an emergency assistance fund for those businesses that have been forced to close or significantly reduce their operations due to the Governor of Minnesota issuing executive orders for businesses to cease operations that are considered to have a greater potential for community spread of the COVID-19 virus.
MCEDA shall disclose no information, recommendations or statements made by any individual (including a loan officer, MCEDA staff person, or MCEDA Board Member). No information may be divulged directly or indirectly to any applicant, or to any of its representatives or any other unauthorized individual.
The following application covers:
- Goals and Objectives
- Eligible Applicants
- Eligible Loan Activities
- Other Considerations
- Conflict of Interest
- Loan Conditions
- Application Requirements
- Collateral
