DOR: Why didn’t Our Business Receive Funding?

DOR: Why didn’t Our Business Receive Funding?

Last week, the Minnesota Department of Revenue sent out the initial round of COVID-19 Business Relief Payments to nearly 4,000 eligible businesses across the state. This program, part of a bi-partisan COVID-19 relief legislation signed into law by Gov. Tim Walz last month, offers direct relief payments to eligible restaurants, bars, gyms, and bowling centers impacted by the COVID-19 pandemic.

Businesses that did not receive a COVID-19 Business Relief Payment but think they meet the program criteria can contact the department using our online inquiry process that is now available through Friday, February 5, 2021. Businesses can use this to contact us if their business either:

  • Did not receive a COVID-19 Business Relief Payment but they think the business met the program requirements.
  • Received a COVID-19 Business Relief Payment but they think the amount was wrong.

Businesses can find this online inquiry process by visitingĀ revenue.state.mn.usĀ and clicking ā€œCOVID-19 Business Relief Paymentsā€ found on the homepage.

Eligible businesses must meet the program requirements outlined in the legislation. Direct payment requirements for businesses include:

  • Being located in Minnesota
  • Had at least $10,000 in taxable sales in 2019
  • Filed Sales Tax returns in 2019 and 2020
  • Experienced a 30% drop in year-over-year taxable sales for April-September periods
  • Being categorized by the Minnesota Unemployment Insurance program as a restaurant, bar, gym, bowling center, or similar business

Direct funding to all of Minnesotaā€™s 87 counties was also provided to set up local COVID-19 grant relief programs. Businesses not eligible for a direct payment from Revenue are encouraged to contact their local county for additional COVID-19 relief.

www.revenue.state.mn.us

LINK to MNbump’s COVID Resource Page



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