Coronavirus (Covid-19) Resource Page




First National Bank Minnesota Lobbies Are Open

First National Bank Minnesota lobbies are open with precautionary measures in place to keep our employees and customers safe and healthy. 

What are we doing to keep our customers and employees safe while visiting our lobbies?

  • Plexi-glass shields.  We have installed plexi-glass shields at our teller windows and banker desks to help prevent transmission of the virus.
  • Social distancing. We have placed signs in the lobby and markers on the lobby floor to indicate a safe social distance from other customers.  When visiting the branch, please remember to social distance.
  • Masks. Although masks will not be mandatory in our branches, for everyone’s safety, they are encouraged.  If you do not have a mask and would like one during your visit to a branch, we are happy to provide one for you.  If you’d prefer we wear a mask while serving you, please ask – we’d be happy to wear one.
  • Hand sanitizer. There are hand sanitizers placed throughout our lobbies for customer use.
  • Pens. If you do not have a pen, we will provide a clean pen for you to use.   You can either keep it or place it in a basket to be sanitized.
  • Cleaning. We have increased our cleaning efforts and will disinfect high-touch surfaces between each customer (handles, counters, keypads, etc.).
  • Coffee/Water Stations. In an effort to minimize the spread of Covid-19, we are temporarily closing our coffee and water stations in the lobbies.
  • Restrooms.  In an effort to minimize the spread of Covid-19, restrooms will temporarily be closed to the public.

 Business Updates and Links

Paycheck Protection Program

First National Bank Minnesota will be accepting applications for the Paycheck Protection Program (PPP) First Draw Loans and Second Draw Loans.  

The U.S. Small Business Administration (SBA), in consultation with the U.S. Treasury Department, opened the Paycheck Protection Program on Monday, January 11, 2021 for new borrowers and certain existing PPP borrowers. 

This round of the PPP continues to prioritize millions of Americans employed by small businesses by authorizing up to $284 billion toward job retention and certain other expenses through May 31, 2021, and by allowing certain existing PPP borrowers to apply for a Second Draw PPP Loan.

Key PPP updates include:

  • PPP borrowers can set their PPP loan’s covered period to be any length between 8 and 24 weeks to best meet their business needs;
  • PPP loans will cover additional expenses, including operations expenditures, property damage costs, supplier costs, and worker protection expenditures;
  • The Program’s eligibility is expanded to include 501(c)(6)s, housing cooperatives, destination marketing organizations, among other types of organizations;
  • The PPP provides greater flexibility for seasonal employees;
  • Certain existing PPP borrowers can request to modify their First Draw PPP Loan amount; and 
  • Certain existing PPP borrowers are now eligible to apply for a Second Draw PPP Loan.

A borrower is generally eligible for a Second Draw PPP Loan if the borrower:

  • Previously received a First Draw PPP Loan and will or has used the full amount only for authorized uses;
  • Has no more than 300 employees; and
  • Can demonstrate at least a 25% reduction in gross receipts between comparable quarters in 2019 and 2020.


SECOND DRAW PPP LOAN OVERVIEW   Second Draw PPP Loan Application



Minnesota Small Business Loan Guarantee Program

The Minnesota Department of Employment and Economic Development (DEED) now offers the Minnesota Small Business Loan Guarantee Program. This temporary program, established in response to the 2020 public health emergency, will help Minnesota lenders provide capital to small businesses in Minnesota affected by COVID-19. These loans can be used for a variety of purposes and can be subordinate to other financing. Allowable loan uses must be exclusively in Minnesota and include machinery or equipment purchases, maintenance, or repair; expenses related to moving into or within Minnesota; and working capital when the working capital is secured by fixed assets when possible.

The funds can only be provided to Minnesota businesses with fewer than the equivalent of 250 employees. The number of employees includes parent company and all locations. The program will provide an 80% guarantee up to a maximum of $200,000. A fee of .25 percent on the guarantee loan principal will be charged for each loan enrolled into the program.

Small Business Emergency Loans
DEED has established a loan program to assist small businesses directly and adversely affected and whose industry is named in Executive Orders 20-04 and 20-08 following the COVID-19 pandemic. Small businesses are a vital part of Minnesota’s economy and this program will provide a source of working capital to help businesses sustain operations during this challenging time. Loans are available  through SBEL approved lenders.

Federal SBA Disaster Loans and Emergency Grants (COVID-19)
The U.S. Small Business Administration is offering a low-interest federal disaster loans and a one-time emergency grant of up to $10,000 for working capital to small businesses and private non-profits suffering substantial economic injury as a result of the Coronavirus (COVID-19).

Frequently Asked Questions for Employers and Businesses

Apply for a COVID-19 Economic Injury Disaster Loan


State/Local Links

There are many local resources that feature valuable Covid-19 content.  Please use the following links for resources in your area:


Like Us
on Facebook
Follow Us
on Instagram
View Our
Need Help?
Contact Us
Back to Top