The City Council approved a program that provided financial support to small businesses in Shakopee out of funding that was received under the CARES Act from the State of Minnesota through the federal government.

Council made some changes to the program at the Council meeting so this Resolution confirms the businesses that the city has provided funding to and why the business received funding and confirms the payments.  This resolution provides a transparent process on how and which businesses were funded.

Several applicants were not funded for a number of reasons including:

• they were not located within the city limits
• they were not in business for a year 
• not in business prior to Covid
• part of a chain

Total funds expended is $139,056.42 out of the $200,000 allocated.