Businesses negatively impacted by this year’s warm and snowless winter may be eligible for loans through the Small Business Administration.
Eighty-one counties in the state are currently covered by federal disaster declarations for drought conditions, exacerbated by the lack of snowfall in Minnesota. From December to February, Minnesota experienced the warmest meteorological winter on record.
Under the Economic Injury Disaster Loans program, businesses can borrow up to $2 million to cover their actual losses. They pay no interest on the loan for the first year and no more than 4% for the rest of the loan period.
A webinar hosted by the SBA will be at 10 a.m. Friday, March 15, to provide information about the disaster declaration, how to apply for a loan, and the use of loan proceeds. Business owners can learn more about eligibility, find an application and learn more about application deadlines for their county at the SBA's disaster assistance page.
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Minnesota Power’s HVDC transmission line is one of only a handful of such lines in the country. These lines transmit electricity more efficiently over long distances than alternating current lines. -
Contributed/US Forest ServiceJune flash flooding in northeastern Minnesota washed away stream sediment from around the piers of the continuous-span bridge over the Cloquet River. -
Larissa Donovan/KAXEThe Red Lake Department of Natural Resources invited students from Blackduck, Kelliher, Ponemah and Red Lake for the Water Festival at Concordia Language Villages on Oct. 10, 2024. -
The Red Lake DNR invited classrooms from Red Lake, Ponemah, Blackduck and Kelliher for the annual Water Festival at Concordia Language Villages on Oct. 10. -
Plus: Area schools react to threats; the AG reaches a settlement with a Brainerd nonprofit; drought conditions worsen in Minnesota; and DNR to host a meeting on Solana State Forest trails.
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Larissa Donovan/KAXEThe city's motion to approve on Oct. 7, 2024, included a condition for an agreement with the Minnesota Department of Transportation to leave the eastern part of the corridor alone. -
Contributed/U.S. Forest Service via InciWebThree fires burn in the Boundary Waters amid dry fall conditions. Elevated fire risk prompted burning restrictions in the Superior National Forest and much of the Arrowhead. -
Contributed/Holly RoseEric Maturi earned the Trail Builders Award for his service in the Arrowhead Chapter, a Grand Rapids, MN, organization responsible for maintaining the trail in the area. -
Contributed/Minnesota Department of Natural Resources via FacebookThe public can attend the open house to discuss the future of motorized and non-motorized trails in the state forest in Aitkin County and share feedback on planning. -
Plus: Government and energy leaders gathered in Hermantown to celebrate major electric grid upgrades at Minnesota Power's Arrowhead substation; the Salvation Army is looking for Kettle Campaign coordinators for Carlton and Itasca Counties; and the National Weather Service in Duluth is looking for new observers for its Community Collaborative Rain, Hail & Snow Network.
