Current Economic Resources for Businesses
SBA Economic Injury Disaster Loan Assistance
The U.S. Small Business Administration (SBA) is offering designated states and territories  low-interest federal disaster loans  for working capital to small businesses suffering substantial economic injury as a result of the coronavirus (COVID-19).

SBA Webinars on Applying for Economic Injury Disaster Loans
This week, the Small Business Administration (SBA) will be offering webinars every day to help Wisconsin businesses prepare and apply for Economic Injury Disaster Loans. These webinars will be offered every day through this Friday, March 27, 2020 at 10am and 2pm.

Small Business 20/20 Program
WWBIC is the only local institution on the list. Only their current loan clients qualify.

WWBIC
All business and financial educational programming is  on-line and on-demand . WWBIC is working with federal, state and local organizations, to support our many WWBIC borrowers, entrepreneurs and businesses in need of loan capital now!

  1. WWBIC loan clients affected by COVID-19 have loan modification options. They should contact Jaime Charon, Director of Portfolio Management and Loan Operations, or contact WWBIC Servicing for more information.
  2. For current and new small business clients, WWBIC is offering fast track loans up to $25,000! Contact Michael Hetzel, Director of Lending for more details.
  3. Don’t forget about KIVA! Kiva is now offering $15,000 loans statewide

IRS Resources & News
  • Filing season extension: The federal income tax filing due date is automatically extended from April 15, 2020, to July 15, 2020. News releases in English & Spanish are attached and also on the special coronavirus page.
  • Payment extension: They have also updated the payment extension statement to July 15, 2020.
  • New business refundable credits: Small and midsize employers can begin taking advantage of two new refundable payroll tax credits, designed to promptly and fully reimburse them, dollar-for-dollar, for the cost of providing Coronavirus-related leave to their employees
  • Employee information: There are many issues related to COVID-19 affecting employees. Many of the questions they’re seeing come up are already answered on a special section of the Source.

Heartland Business Systems
Heartland Business Systems has vital resources to help businesses now:
  1. Gift Cards
  2. Online ordering and payment page
  3. Lines of credit funded within days
To learn more, email  Kelly Burris  at Heartland Business Systems or call (262) 412-9488.