MadREP Report | April 29, 2020
The PPP program has reopened as of 9:30 Monday morning. If you applied for the PPP and were not funded before they ran out of money, please call your lender to see what you need to do next.

The Small Business Administration (SBA) has indicated that you will need to submit a new application if you were not assigned a loan number. In other words, if you were not approved, the application needs to be resubmitted.

SBA did not keep a "queue" of the submitted applications but your lender likely did. Conversations with several local lenders indicated that they have kept applications but it is strongly suggested businesses call to make sure that they still have them and that they will be resubmitting.

Good luck and stay well!!! ( Source: Ed White, Sauk County Development Corp.)
The Wisconsin COVID-19 Business Impact survey is sent to businesses every three weeks, in an effort to gather in-time impacts of COVID-19 as well as to plot changes over time. The second installment will be sent within a week. The only way to be included in the second installment is to complete this first installment of the survey.
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For every person not counted, your county stands to lose $18,000 per decade ($1,800 per year) in government funding. Fill out your Census forms!
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Join the Conversation. Please ask questions related to COVID-19 and business here.

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