At a special meeting of the Wabasha Port Authority on Monday, March 23rd, the Port Authority approved an emergency loan program for Wabasha-Kellogg area businesses affected by COVID-19. The loan program was passed unanimously by all members. Effective today March 24, 2020, Wabasha Port Authority is announcing its Emergency Loan Program as a response to the economic impact to the Wabasha/Kellogg businesses surrounding COVID-19. Businesses in the Wabasha-Kellogg area are eligible for this loan program. The completed application, personal financial statement and supporting documents will be accepted through 4pm on Tuesday, March 31, 2020. They can be sent via mail (must be postmarked by Monday, March 30th) and sent to: City Hall, 900 Hiawatha Drive E, PO Box 268, Wabasha, MN 55981. Documents can also be emailed to [email protected] or dropped in one of our two drop box locations (corner of the post office or at city hall). These loans are subject to rules and regulations included on the application. The first round of applications will be reviewed starting Wednesday, April 1st.
Although funding is limited, the goal of this program is to provide financial relief to as many businesses in the Wabasha/Kellogg area as possible.
Please contact Chad Springer at 651-565-4568 with any questions.