Traverse County approved the Business Relief Grant program for businesses located in Traverse County.
- Traverse County will be given $256,250 to administer to businesses in Traverse County. Awards will be made based on need.
- Priority will be given to businesses that are directed to be closed and defined within the MN Executive Order 20-99 such as:
- Hospitality and Lodging Businesses
- Other performing arts, museums, and businesses not previously granted relief funds
- Applications will be considered by the Traverse County Business Relief Committee and Acted on by the County Board.
Businesses must certify they have experienced a financial hardship due to being directed to close their business or modify their business operations directly related to or a subsequent order.
A business may apply for a grant even if they have received funds from the Department of Revenue or DEED.
- Business/applicant must have a physical location in Traverse County.
- Business/applicant must be in good standing with MN Secretary of State Department as of the time of application (no tax liens on record have been filed).
- Business/applicant must have been impacted, directly or indirectly, by an executive order related to the COVID-19 pandemic.
- Business must show a revenue loss 4th Quarter 2020 compared to 2019.
Businesses who have been indirectly impacted by executive orders issued in response to the COVID-19 pandemic are eligible. These businesses must certify that they have incurred costs related to the pandemic and have suffered a loss in revenue 4th quarter 2020 compared to 2019. Businesses indirectly impacted by executive orders is defined as a business that derives income from sales of goods or services to businesses that were fully or partially closed by an executive order.
Non-profit organizations, such as but not limited to theatres, museums, and fitness centers, that earn revenue similar to businesses, including but not limited to ticket sales and memberships fees.
Applications will be evaluated primarily on Revenue Decline from 4th Quarter 2019 to 2020. However, data will be collected on several other factors that may influence the award amount such as COVID Relief funding to-date, business sector and employee count.
APPLICATION & Resources
As part of the application, you must submit a profit and loss for 4th quarter 2019 and 2020. You can submit your own profit and loss, but if you do not have one, use the spreadsheet provided. New businesses may demonstrate impact by submitting anticipated business plan revenue or sales data and actual revenue or sales data. You must also submit a W-9 that is provided. A REV185 form is also required to verify funds received from the Department of Revenue or DEED.
Business owners can download the application off the website at www.co.traverse.mn.us or call Lisa Zahl, County Coordinator at 320.422.7778 or email firstname.lastname@example.org The application period will close on February 15, 2021 at 4:30 p.m.