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WATCH: The heartbreaking moment Red Wing learned it was not the Small Business Revolution winner

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Celebration turned to heartache and then applause Wednesday, Feb. 22, after it was revealed in a streamed video announcement that Red Wing had lost to Bristol Borough, Pa., in the Small Business Revolution contest. 

Red Wing was among five finalists for the $500,000 downtown revitalization contest. Other finalists were North Adams, Ma., Georgetown, S.C., and Kingsburg, Ca. 

PREVIOUSLY: Red Wing loses $500K prize to Bristol Borough, PA

Below are some reactions to the loss on social media: