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Paycheck Protection deadline nears
Wadena businesses have been supported with a total of $18,182,893 in loans as of Dec. 2020. 5:13 am, Mar. 9, 2021 ×
Eric Johnson (left), a sales consultant with Kern Laser Systems, moves a drawing into place on the laser cutting platform with the help of Adam Voigt from the marketing and sales department. The two cut out a template before cutting the plexiglass barriers for Friendly Rider.
Michael Johnson/Pioneer Journal
With 156 Wadena businesses receiving loans as of Dec. 2020, some businesses said employees have been able to continue working thanks to the Paycheck Protection Program.
The Small Business Administration loans can help with payroll costs including benefits, mortgage interest, rent, utilities, worker protection costs related to COVID-19, uninsured property damage costs caused by looting or vandalism during 2020 and certain supplier costs and expenses for operations, according to the SBA. The program reopened in mid-January with applications open through March 31. In order to reach the smallest businesses, SBA offered Paycheck Protection Program loans to businesses with fewer than 20 employees and sole proprietors only through Tuesday, March 9.
MinnesotaUnited-statesDerek-kernStar-bankCentral-minnesota-credit-unionFirst-national-bankPaycheck-protection-programWadena-state-bankCentral-national-bankSmall-business-administrationLaser-systemsPresident-derek-kern/Diode Laser Engraving Machines Market Growth and Influencing Factors from Key players: Wisely, Vytek Laser Systems, Kern Laser Systems, Trotec, Sintec Optronics Trending
Diode Laser Engraving Machines Market Growth and Influencing Factors from Key players: Wisely, Vytek Laser Systems, Kern Laser Systems, Trotec, Sintec Optronics
tanmayFebruary 6, 2021
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