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For more information on the second round of PPP loans, click here.

You can also go to the SBA's PPP page on a daily basis to look for the latest updates.

For more information on the second round of PPP loans, click here.

You can also go to the SBA's PPP page on a daily basis to look for the latest updates.

Click here to access this guide that provides information about SBA programs and initiatives, including the Paycheck Protection Program.

The Wisconsin SBDC COVID-19 resource page provides information on loans and programs for businesses affected by COVID-19.

The SBDC has released a workbook for business owners to help them with future business planning and best practices. This guide - Navigating the New Normal: A practical Guide to COVID Response for Small Businesses, can assist business owners to:

• Reflect on where they were and the decisions they made at the beginning of COVID to see how those decisions impacted the business.
• Re-evaluate their business more holistically by identifying what best practices they would like to begin, continue or enhance moving forward.
• Refocus their business plan by narrowing down their ideas into top priority SMART goals that they can then act on themselves or assign to another member of their team.

In addition to this guide, the SBDC - funded in part by the Small Business Administration - also offers a wide range of courses taught by experts in their respective fields as well as no-cost business consulting.

The U.S. Secretary of Agriculture unveiled a one-stop shop of federal programs that can be used by rural communities, organizations and individuals by the COVID-19 pandemic. For more information on funding and partnership opportunities to help address this pandemic, see the COVID-19 Federal Rural Resource Guide.

Click here for programs available to USDA B&I and REAP borrowers/lenders

The Wisconsin Women's Business Initiative Corporation (WWBIC) is introducing two loan options for existing business owners available during COVID-19. The program is now offered through June 30, 2020. Borrowers can choose from a term loan or a line of credit. To learn more about these Fast Track Loan Programs, click here. If you're looking for information specifically on their Fast Track Line of Credit, click here. 

• The EBL Program is designed to supplement the Agency's disaster loan capabilities and authorizes SBA Express Lenders to provide expedited SBA-guaranteed bridge loan financing on an emergency basis in amounts of up to $25,000 for disaster related purposes to small businesses who may be awaiting long-term financing, including EIDLs.
• Please note: EBL loans can only be made by SBA Express Lenders that had a valid SBA Form 2424 in effect as of the date of the applicable disaster.
• SBA Express Lenders may only make EBL loans to eligible small businesses with which the Lender had an existing banking relationship on or before the date of the applicable disaster.
• For more information on Express Bridge Loans, click here.

In response to COVID-19, the Otto Bremer Trust (OBT) has established a $50 million emergency fund through its Community Benefit Financial Company (CBFC) subsidiary to provide financial support to Minnesota, Wisconsin, North Dakota, and Montana nonprofits and other community organizations impacted by and responding to the pandemic - https://ottobremer.org/emergency-fund/

SBDC and WBD have partnered with various Wisconsin organizations that are committed to offering assistance for small businesses during the current pandemic. Click the organization name below to be redirected to their websites:

• Wisconsin Women's Business Initiative Corporation (WWBIC)
• Wisconsin Economic Development Associaton (WEDA)
• Wisconsin Economic Development Corporation (WEDC)
• Veterans Business Outreach Center
• SCORE
• Wisconsin Housing and Economic Development Authority (WHEDA)
• Western Dairyland Business Center

The Office of Inspector General has asked that business owners and borrowers be on the lookout for scams and fraud schemes related to economic stimulus programs offered by the SBA in response to COVID-19. To find out more and how to spot potential fraud, go here.

• For information on all federal programs, visit www.usa.gov/coronavirus
• The U.S. Department of Treasury offers information you may find useful - https://home.treasury.gov/coronavirus

• The Department of Labor is providing information on how small and midsize employers can begin taking advantage of two new refundable payroll tax credits designed to immediately and fully reimburse them, dollar for dollar, for the cost of providing coronavirus-related leave to their employees.
• You'll also find information on the Families First Coronavirus Response Act, which requires certain employers to provide employees with paid sick or family leave for specified reasons related to COVID-19.
• Visit https://wisconsinsbdc.org/services/covid-19/disasterloans/ for information on keeping employees and customers safe.
• For information on developing a preparedness plan for a disruption in your business services, visit www.sba.gov/coronavirus.
• To learn about potential assistance cyber scams, the FTC has developed a page to help you - http://ftc.gov/coronavirus. 

For more information on the second round of PPP loans, click here.

You can also go to the SBA's PPP page on a daily basis to look for the latest updates.

• The EBL Program is designed to supplement the Agency's disaster loan capabilities and authorizes SBA Express Lenders to provide expedited SBA-guaranteed bridge loan financing on an emergency basis in amounts of up to $25,000 for disaster related purposes to small businesses who may be awaiting long-term financing, including EIDLs.
• Please note: EBL loans can only be made by SBA Express Lenders that had a valid SBA Form 2424 in effect as of the date of the applicable disaster.
• SBA Express Lenders may only make EBL loans to eligible small businesses with which the Lender had an existing banking relationship on or before the date of the applicable disaster.
• For more information on Express Bridge Loans, click here.

Click here for programs available to USDA B&I and REAP borrowers/lenders