Federal loans to help businesses during the coronavirus shutdown aren’t easy to navigate — but charitable funds are easier to get.
The iconic Minneapolis music venue First Avenue has been closed for over a month amid the coronavirus pandemic, but CEO Dayna Frank says she has never been busier — mostly gathering paperwork to apply for the federally guaranteed loans that small businesses qualify for under the $2 trillion Coronavirus Aid, Relief, and Economic Security (CARES) Act. “It’s a crazy feeling to be so busy without any shows or revenue,” says Frank.
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