Coronavirus update:

All city facilities are closed and most events and programs are canceled until further notice. Some city meetings are being held virtually. Learn more

Apply for a Minnetonka Small Business Emergency Loan

Post Date:04/20/2020 11:03 a.m.

The City of Minnetonka is offering a limited number of emergency loans on a first-come, first-served basis to assist eligible small businesses in our community.

  • Who’s eligible?
    • Locally-owned and operated, for-profit Minnetonka businesses with 25 or fewer employees and/or less than $1 million in gross annual revenue (additional eligibility requirements apply)

  • Loan terms
    • Up to $7,500, interest-free, fully forgivable if used for eligible expenses

  • Application
    • Available online Monday, April 20
    • Accepted beginning Monday, April 27 until funds are fully committed
    • Loans will be granted to the first businesses who meet eligibility requirements.

Learn more and apply

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