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Small Business Administration

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$900K In Debt, Nienow Files For Bankruptcy

A Republican state senator faced with more than $900,000 in debt has filed for bankruptcy. Sen. Sean Nienow, of Cambridge, and his wife, Cynthia, filed for Chapter 7 bankruptcy last month, according to court records. The Nienows will sell off their nonessential assets, putting the money toward about $931,000 in debts.

07/11/2014

(credit: CBS)

Minn. Senator Says Lawsuit Unrelated To His Duties

A state senator who’s accused of failing to repay a Small Business Administration loan says the case is not related to his legislative duties.

01/20/2014

(credit: CBS)

NHL Lockout Devastates Local Businesses

Optimism that the NHL lockout could soon be over has been replaced by more disappointment in St. Paul.

12/07/2012

Northland Flooding

SBA Offers Low-Interest Loans After Minn. Floods

The U.S. Small Business Administration has granted a disaster declaration for three Minnesota counties and an Indian reservation that will give home- and business-owners who lost property in June’s floods access to low interest loans.

08/17/2012

(credit: CBS)

Disaster Loans Office To Open In Minneapolis

Victims of the tornado that roared through north Minneapolis in May will be able to apply for low-interest loans through a new Disaster Loan Outreach Center opening on the north side on Tuesday.

07/10/2011

(credit: CBS)

Dayton Seeks Tornado Aid From SBA

Gov. Mark Dayton is requesting a disaster declaration from the Small Business Administration for Hennepin County for damage done by a tornado that hit the area May 22.

07/05/2011

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