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Minnetonka Small Business Emergency Loan Program

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We are no longer accepting applications. Subscribe to receive email or text updates if additional funds or other programs become available. 

The City of Minnetonka is offering a limited number (approximately 30) 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.

Use the sections below to learn more. Download the program guidelines for complete details.

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