Latino Chamber MN understands that Latino businesses of all sectors are likely impacted by the COVID-19 pandemic. We will make our best efforts to be a resource for your business and individual needs.
Resources for Your Business
Small Business Association Disaster Declaration Makes Loans Available Due to the Coronavirus (COVID-19)
The SBA has already secured $18 billion towards disaster loan efforts.
These loans can go towards working capital to meet needs including payroll, accounts payable, and fixed debt payment that can't be paid due to COVID-19 pandemic.
The loans have long-term repayment options, up to a maximum of 30 years.
The current interest rate is 3.75% for small businesses. The non-profit rate is 2.75%.
No cost to apply, no obligation to take loan if offered
You don't need to apply today. You can apply any day this week or even next week and get paid for this week.
Look for updates at mn.gov/deed -- be sure check regularly.
If you need to talk to a someone, Customer Service representatives are available in Spanish Monday-Friday, 8:00 a.m. to 4:30 p.m.
Twin Cities area: 651-296-3644
Greater Minnesota: 1-877-898-9090;
TTY users: 1-866-814-1252
Member Spotlight
We will use this section to highlight member businesses. To start, be sure to bookmark the Business Directory Search page on the LatinoChambermn.com website. Here you will find Latino businesses to work with and support. Latinos supporting Latinos!
If you are a current member and have not set up your webpage, do so today! Contact info@latinochambermn.com for help.
