SBA Loans

WEDC Small Business Grant

The Wisconsin Economic Development Corporation (WEDC) recently announced a new $75 million grant program for Wisconsin Businesses affected by the novel Coronavirus (COVID-19) pandemic. The “We’re All In” Small Business Grant is funded by the Coronavirus Aid, Relief and Economic Security Act (CARES Act), and will provide up to $2,500 to 30,000 small businesses in Wisconsin. The aim of the grant is to assist these businesses with costs from interrupted business, health and safety improvements, wages and salaries, rent, mortgages and inventory.

WEDC Small Business Grant2023-12-20T16:34:56+00:00

Additional Guidance for Paycheck Protection Program Borrowers

Watch the recording of our webinar on the Paycheck Protection Program Flexibility Act of 2020 here.  Read about the extended PPP Deadline here. The U.S. Senate has passed the bipartisan Paycheck Protection Program Flexibility Act of 2020, which loosens several of the Paycheck Protection Program’s (PPP’s) more onerous restrictions regarding loan forgiveness. President Trump has signed

Additional Guidance for Paycheck Protection Program Borrowers2023-11-10T05:41:02+00:00

EIDL and Paycheck Protection Programs Temporarily Out of Funds

The Small Business Association (SBA) has announced the Paycheck Protection Program (PPP) is temporarily out of funds. Applications already approved by the SBA will still receive funds, and those submitted to the SBA website by their lender will still be processed. Lenders are signaling to clients they should continue to submit applications to be put in a “queue” for future processing. There is hope Congress will provide additional funds to this program in the coming weeks.

EIDL and Paycheck Protection Programs Temporarily Out of Funds2023-12-20T16:36:36+00:00
Go to Top