Is Your Business Impacted by the COVID-19 (Coronavirus) Pandemic?
Businesses impacted by the COVID-19 (Coronavirus) Pandemic are encouraged to reach out to their financial institutions and also to the Small Business Development Center (SBDC) in Green Bay. For those individuals seeking personal consulting from the SBDC, complete the Request for Consulting form. This service is free.
The Wisconsin Small Business Development Center (SBDC) Network and its partners are helping small businesses apply for federal disaster loans to mitigate the substantial economic injury as a result of the coronavirus (COVID-19) pandemic. The Wisconsin SBDC, a resource partner of the SBA, has created a web page with details on the SBA Economic Injury Disaster Loan program to help business owners understand the qualifications and application process as well additional resources available.
The Wisconsin SBDC website has two, step-by-step, videos posted for the SBA Disaster Loan: https://wisconsinsbdc.org/services/covid-19/disasterloans/
A state-wide COVID-19 Business Survey is being developed and should be distributed after April 1. We will be sending a link to this survey and urging all businesses to participate. The data collected will be used to develop resources and programs to assist our businesses. And we will have the ability to look at Kewaunee County data and compare how we are doing to the rest of the state.
Economic Developers, Chamber of Commerce Executives and members of the business community joined in a live online meeting Wednesday, March 25th with Governor Tony Evers and others to discuss the “Safer at Home” state order that took effect earlier that morning.
Gov. Evers, State Treasurer Sarah Godlewski and WEDC Secretary Missy Hughes stressed the importance of Wisconsin’s small business economy and outlined some available programs available to assist Wisconsin’s businesses impacted by the COVID-19 epidemic.
Eric Ness, District Director for the U.S. Small Business Administration (SBA) in Wisconsin discussed the process for applying for economic injury loans. Because the SBA website is experiencing unprecedented activity, it has crashed at times. People hoping to file for economic injury loans tied to the COVID-19 crisis are urged to file at ‘off times,’ if possible. It is recommended that you save your work often and write down and keep your login and password handy should you need to re-login to complete the application. Ness also advised that business owners store whatever documents they produce or need on their desktops, as well, for when they are contacted by SBA loan processors. It is estimated that, because the large volume of applicants, it may take three weeks or more before a person’s application is processed.
For detailed information on SBA programs for the Coronavirus, please visit sba.gov/coronavirus.
See KCEDC’s COVID-19 (Coronavirus) resource page for a list of resources available to assist during this unprecedented time. The loan documents are also available to download from the KCEDC resource page.
Governor Evers “Safer at Home” Order closing all Nonessential Wisconsin businesses until 8:00 a.m., Friday, April 24, 2020 went into effect at 8:00 a.m. on Wednesday, March 25, 2020.
Please see the Wisconsin Economic Development Corporation’s website for further information and a list of essential businesses.
Businesses and operations defined as essential by the Governor’s Order shall comply with social distancing requirements.
In response to the rapidly evolving public health emergency of COVID-19 (Coronavirus), KCEDC has compiled a list of resources. We hope these resources will be of assistance to you as you navigate these turbulent times and the operation of your business. As we learn of additional resources, we will add them to this page, and send email blasts to our contact lists. Please encourage members of your team and other interested people to sign up for these KCEDC newsletters here and to check this page often for updates.