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Manhattan Business Emergency Relief Application

  1. The Manhattan Area Chamber of Commerce is providing loan funds through the City of Manhattan Economic Development Fund to help for-profit businesses and private, non-profit organizations that have an immediate need (defined as less than 14 days) to maintain business operations. Businesses must demonstrate that the need is directly due to the negative impact of the Coronavirus pandemic. Businesses must apply for at least one federal or state program that provides assistance, or receive a letter from a qualified lending institution outlining a longer-term funding strategy. These loan funds are not to be used to supplant other programs, but instead merely provide a bridge to the point that the business can receive funds from other resources. Funds may be used for business stabilization expenses such as working capital, payroll, required debt payments, rent/lease payments, marketing, setting up e-commerce platforms and inventory. Funds may not be used for personal uses and for any uses that are prohibited by federal, state or local law or regulation.

  2. Criteria:

  3. • Must identify business expenses that create immediate (less than 14 days) need for funds

  4. • Must demonstrate need for funding to ensure long-term continuity of business

  5. • Must be pursuing federal/state business relief options

  6. • Businesses within the city limits of Manhattan are eligible

  7. Loan Amounts: Amount of funds awarded determined based upon the details in the application. Loans up to $5,000 for for-profit businesses located in the City of Manhattan, up to $10,000 for business ineligible for SBA disaster relief, Kansas HIRE program or any other state or federal program created to assist business during the 2020 Coronavirus pandemic, and up to 20,000 for primary employers defined as businesses that export over 75 percent of its product or service outside of the City of Manhattan that have maintained at least 80% of its employees from the 4th quarter of 2019 to March 31, 2020 and maintain employment levels for 12 months following award.

  8. MHK Business Assistance Program - UPDATED_040120

  9. If none, indicate why not eligible or provide a letter from a qualified lending institution outlining a longer-term funding strategy.

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