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The City of Hopkins has established a Small Business Emergency Assistance Loan Program (SBEAL) to provide forgivable, no-interest loans of up to $5,000 to assist eligible small businesses impacted by the COVID-19 pandemic.
The purpose of the program is to provide working capital to assist local small businesses to sustain operations, preserve employment and prevent business closure in order to promote long-term economic vitality in the Hopkins community.
Find more information about the SBEAL Program and apply online at www.hopkinsmn.com/SBEAL.
Applications will be accepted from noon on September 1, 2020, to 3 p.m. on September 11, 2020.