Stearns County Housing and Redevelopment Authority (HRA) and Stearns County have established a loan program to assist small businesses located in Stearns County (excluding the City of St. Cloud) that have been adversely affected during the coronavirus pandemic and whose industry is named in Executive Order 20-04 and Executive Order 20-08.
Small businesses are essential to Minnesota’s economy and this program will provide a source of working capital to help businesses sustain operations during this challenging time.
The program is still being developed and loans will be available soon. Loan terms and application documents are posted on the Stearns County website, StearnsCountyMN.gov. Businesses should fill out the application form electronically and email it to the HRA at email@example.com or submit by mail to:
Stearns County HRA
PO Box 484
Cold Spring, MN 56320
Business owners who have questions about the loans should call the HRA at (320) 685-7771.