Small Business Administration Loan Programs
If you own a small business and are struggling in this difficult economy, there may be a small business administration (SBA) program that can help you stay in business and succeed. The SBA has rolled out several loan programs as part of the 2009 Recovery Act. These include changes to guarantees on SBA loans, elimination of certain fees, expansion of the microloan program, and the new America's Recovery Capital (ARC) loan program that can provide up to $35,000 for stressed businesses. For more information, please visit the Small Business Administration or call (612) 370-2324.
Tax Increment Financing
The Economic Development Authority (EDA) is the authorizing body for tax increment financing (TIF), which is a tool to attract development, create employment opportunities, and assist in redevelopment financing. The EDA has used TIF and other business development subsidies in the past for larger developments that have contributed substantially to the employment base of Apple Valley. Learn more about how TIF works at the Minnesota House of Representatives.
Recycling Requirements for Businesses and Multi Unit Residential Properties
Dakota County requires all business entities to recycle, and some must also collect food scraps. Business and multifamily property owners and managers are responsible for ensuring collection and hauling services are provided to tenants.