As Lions we serve, and we care!
Allow us the opportunity to help bridge the many challenges we face together as a community.
We are committed to keeping you up to date on the most relevant, useful and useable information as soon as we can.
To obtain more information please use the following links or call/email the following:
James Filicetti
Phone: 262-514-3800 Ext: 102
Tim Szeklinski
Phone: 414-399-6943
Individuals
If you are unemployed and you've worked for a covered employer (an employer who pays UI tax) in the last 18 months - please apply for unemployment insurance.
The IRS is committed to helping you get your Economic Impact Payment as soon as possible. The payments, also referred to by some as stimulus payments, are automatic for most taxpayers. No further action is needed by taxpayers who filed tax returns in 2018 and 2019 and most seniors and retirees.
The IRS has launched
"Get My Payment"
portal for tracking your stimulus check payment.
PUA is a new temporary federal program that provides up to 39 weeks of unemployment benefits to individuals who are not eligible for regular Unemployment Insurance (UI) such as:
- Individuals who are self-employed.
- Certain independent contractors.
- Individuals with limited recent work history.
- Other workers not covered by Regular UI.
Businesses
The Paycheck Protection Program is a loan designed to provide a direct incentive for small businesses to keep their workers on the payroll. SBA will forgive loans if all employees are kept on the payroll for eight weeks and the money is used for payroll, rent, mortgage interest, or utilities.
The Paycheck Protection Program will be available through June 30, 2020.
Purpose: Forgivable if used for payroll (minimum of 75% of the funds received) and the remaining for certain operating expenses (amount of any EIDL advance is not forgivable)
Terms: Up to $10 million, 1% interest rate
Forgivable: Yes
Maturity: 2 Years
First Payment Due: Deferred 6 Months
The Main Street Lending Program was established by the Federal Reserve to provide additional support for small and midsized businesses. The program establishes new loans or expand existing loans for small to midsized businesses with up to 10,000 employees or with revenues less than $2.5 billion, with terms up to 4 years and with interest and principal payments deferred for 1 year. Businesses that have taken advantage of the Paycheck Protection Program may also take out Main Street Loans.
Main Street Expanded Loan Facility (MSELF):
The Federal Reserve will purchase 95% in upsized tranche of Eligible loans from Eligible Lenders. Eligible Lenders would retain 5% of the upsized tranche of each Eligible Loan.
How to Apply: Please check your local banks for eligibility and for the application.
Other Useful Resources
