Heartland Lakes Development | COVID-19 Business Assistance Program

Heartland Lakes Development Commission has created the Hubbard County COVID – 19 Business Assistance Program to provide emergency financial assistance for businesses that are experiencing financial hardships due to COVID – 19 related restrictions. The program is funded through participation agreements with local governments that have received Coronavirus Relief Fund (CRF) resources provided to State, Territorial, Local and Tribal Governments under section 601(a) of the Social Security Act, as added by section 5001 of the Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”).

Applications for the second funding round are due by 4:30 pm on Thursday, Oct 1, 2020. Please contact Juliann Kjenaas with any questions related to the application.

Step 1 of 5

Required Documentation Checklist
FULLY COMPLETE ALL SECTIONS OF THE APPLICATION, AS INCOMPLETE APPLICATIONS WILL NOT BE CONSIDERED.
Certificate of Good Standing from Minnesota Secretary of State
Max. file size: 256 MB.
Dated within the last 30 days
Balance Sheet
Max. file size: 256 MB.
Schedule of Liabilities
Max. file size: 256 MB.
Download Sample Form
Financial Projections for 12 months
Max. file size: 256 MB.
Documentation of funding received to support COVID – 19 expenses
Max. file size: 256 MB.
For example PPP loans or Minnesota SBEL funding
Please upload one of the following
The submitted financial information must provide sufficient detail to identify your reduction in revenues as calculated by monthly sales for the evaluation periods of March 1, 2019 through June 30, 2019 and March 1, 2020 through June 30, 2020.
Prepared Financial Statements for 2 years
Max. file size: 256 MB.
Historical Cash Flows for last 24 months
Max. file size: 256 MB.
Last two years completed tax returns
Max. file size: 256 MB.

Business Name
Contact Person
Business Address
Business City
Business Zip
Contact Phone
Email
Township
Amount of Request
Brief description of how the business has been impacted by COVID–19

Other COVID – 19 Funding Awards Received
Paycheck Protection Program (PPP)
Minnesota Small Business Emergency Loan (SBEL)
Other
Total
Briefly explain how you used the above funding and why you still need assistance:
Check here if you did NOT receive any Other COVID – 19 Funding Awards
- Check here if you did NOT receive any Other COVID – 19 Funding Awards

Expected Use of Funds
Lease or Mortgage Payments
Inventory
Working Capital
Other
Total

Authorization for Release of Information
I declare that the information provided in this application and on the accompanying exhibits is true and complete to the best of my knowledge. I declare that I am current on all financial obligations as of March 1, 2020 and have not filed or are currently filing for bankruptcy. I authorize Heartland Lakes Development Commission to verify any information contained in this application and to share this information with the Award Committee or other organizations related to this award as necessary.
Signature
Title of Applicant

COVID-19 Business Assistance Program

Step 1 of 5

Required Documentation Checklist

Please upload one of the following

Other COVID – 19 Funding Awards Received

Expected Use of Funds

Authorization for Release of Information