What is the eligibility criteria for the Small Business Emergency Assistance Grant Program?

In order to apply,
businesses must meet the following criteria:

  • Must have a physical location within Arden Hills.
  • Must be in good standing with the City of Arden Hills and Minnesota
    Secretary of State.
  • If required by either the state, county, or city, must be
    licensed and in good standing.
  • Must be current on property taxes as of March 1, 2020.
  • Must have between 3 and 45 employees, including the owner, as of
    March 2020.
  • Business directly impacted by COVID-19.
  • Must disclose all federal, state, or local grant or loan
    applications for which applicant has applied which has been received or remain
    pending at the time of application.
  • Must certify in good faith that the uncertainty of current
    conditions makes the grant request necessary to support ongoing operations.
  • Business directly impacted by Minnesota Governor‘s Emergency
    Executive Orders 20-04 and 20-08.
  • Business
    shall be registered with the City’s Business Registration program.

Show All Answers

1. How is the Coronavirus Relief Fund (CRF) being funded?
2. What is the eligibility criteria for the Small Business Emergency Assistance Grant Program?
3. What types of business are NOT eligible to participate in the program?
4. My small business employs three or more individuals on a part-time or seasonal basis. Are we eligible to apply?
5. My small business does not have a physical location in the City of Arden Hills, but the majority of the clients/customers Arden Hills residents. Can we apply?
6. My small business only operates on a seasonal basis, not year-round. Are we eligible to apply?
7. How many employees must I employ to be eligible to apply?
8. I own multiple business locations and my IRS 941 will show more than 45 employees. Can I apply for this grant?
9. Are there limits on how the grant can be used?
10. Can I apply for more than the $5,000 award ceiling?
11. What types of expenses are ineligible for this grant program?
12. Will this grant be considered taxable income?
13. How will awardees be selected to receive funding?