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SBA to Make Economic Injury Disaster Loans Available to U.S. Agricultural Businesses Impacted by COVID-19 Pandemic

U.S. Small Business Administration Administrator Jovita Carranza announced today that agricultural businesses are now eligible for SBA’s Economic Injury Disaster Loan (EIDL) and EIDL Advance programs. SBA’s EIDL portal will reopen today as a result of funding authorized by Congress through the Paycheck Protection Program and Healthcare Enhancement Act. The legislation, signed into law by the President one week ago, provided additional funding for farmers and ranchers and certain other agricultural businesses affected by the Coronavirus (COVID-19) pandemic. More here

Gov. Evers Announces Plan to Make Wisconsin One of the Top States in Testing Per Capita
Gov. Tony Evers announced today the state's plan to make Wisconsin one of the top states in testing per capita, in addition to already being one of the top states in COVID-19 testing capacity. Gov. Evers shared that Wisconsin is prepared to provide 85,000 COVID-19 tests per week, ensuring that everyone in the state who needs a test receives a test. To date, the state has provided over 60,000 tests to hospitals, clinics, local public health, long term care facilities, and other community partners. Fifty-seven of Wisconsin’s 72 counties have requested and are receiving testing supplies from this program.
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Wisconsin firms set to receive $1.68 billion in loans so far in second round of PPP
Wisconsin businesses are so far set to receive about $1.68 billion from the second round of the Paycheck Protection Program with more than half of total funds now allocated. The U.S. Small Business Administration began accepting applications for the second round of funding Monday. Through Friday, an SBA report released Sunday shows, the agency approved a cumulative loan volume of more than $175.74 billion across 2,211,791 loans. That’s about 56.69% of the $310 billion allotted for the second phase of the PPP. More Here

Gov. Evers Announces Plan to Make Wisconsin One of the Top States in Testing Per Capita
Gov. Tony Evers announced today the state's plan to make Wisconsin one of the top states in testing per capita, in addition to already being one of the top states in COVID-19 testing capacity. Gov. Evers shared that Wisconsin is prepared to provide 85,000 COVID-19 tests per week, ensuring that everyone in the state who needs a test receives a test. To date, the state has provided over 60,000 tests to hospitals, clinics, local public health, long term care facilities, and other community partners. Fifty-seven of Wisconsin’s 72 counties have requested and are receiving testing supplies from this program.
More Here

WI Veterans Chamber to host webinars for small business owners to help overcome COVID-19
Small businesses are struggling to attract and maintain their customers due to the COVID-19 crisis. Join the WI Veterans Chamber as speakers share marketing, communications, and sales tactics for small businesses working to adapt to a COVID-19 world and a "new normal" once safer-at-home orders are lifted. Panelists include Cheyn Crangle (Margle Media), Elmer Moore (Scale Up Milwaukee), and Wayne Breitbarth (Power Formula for LinkedIn Success). More Here

Attorneys from Reinhart Boerner Van Deuren’s Commercial and Competition, Tax and Litigation practices will brief the small business community on a variety of commercial leasing, tax and commercial contracting issues related to COVID-19, and will discuss steps small businesses can take to prepare for the future. More Here

 

Every Friday 9:30 am- 10:30 am

We changed platforms! New link below!
Join Webinar Here
Join by phone +1 (646) 749-3112  Access Code: 175-995-869

We care about our members, and we are reaching out to ask a few questions on how COVID-19 has impacted your business.

You have a voice, and we are asking our members to speak up. Please take a few minutes to fill out our questionnaire.

This will give us a better idea of what resources you need and if our members are being taken care of.
Complete the Survey Here 

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Newsletter produced by WVCC staff, volunteers, and Anita Adamski Design.

Copyright © 2020 Wisconsin Veterans Chamber of Commerce, All rights reserved.


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