MadREP Report | April 29, 2020

Paycheck Protection Program (PPP) & Economic Injury Disaster Loans (EIDL) Reopen

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.)

Learn More

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.

It's not too late! Take the Wisconsin COVID-19 Business Impact Survey

Must Reads for This Week

Amid scramble for federal funds, small businesses turn... After six years in business, Mickey Siedenburg was preparing to expand her Dodgeville massage therapy practice in June, taking on another therapist and hiring her 17-year-old daughter as a receptionist. But a statewide health emergency response... Read more madison.com

AN INDEPENDENT CONTRACTOR’S GUIDE TO CARES ACT RELIEF If you are an independent contractor or self-employed individual, you may be eligible for Paycheck Protection Program (PPP) loans/grants, SBA’s Economic Injury Disaster Loans (EIDL), and/or Unemployment Compensation for losses of income... Read more madisonregion.org Gov. Evers Directs DNR to Reopen Several... Gov. Tony Evers today directed the Department of Natural Resources to re-open several state parks, forests, and recreational areas originally closed due to unprecedented crowds and out of an abundance of caution to protect public health. Read more content.govdelivery.com

Stay Home. Love Madison. No matter where we are, what phase we are at during these uncertain times, we all can bond together over our love for Madison. We at Destination Madison look forward to the days in which our community is back to its vibrant self, but until then,... Read more www.visitmadison.com For You. For Us. Forward. With our eyes toward reopening and recovery, the Chamber is creating content designed to offer hope and encouragement that although we are challenged, we are still seeking and always moving forward... Read more agreatermadison.wistia.com

Salesforce Care for Small Business As part of our commitment to supporting small businesses, we have created Salesforce Care Small Business Grants. These $10,000 grants will provide capital to help U.S. small businesses weather this crisis. International small business support... Read more essentials.salesforce.com

COVID-19 Human Capital Responses At the Human Capital Center, we will continue to provide you with insights to help you plan for what's ahead. We have curated the relevant work we've done and have scheduled, as well as a provided a guide to the trusted, third-party sources that... Read more www.conference-board.org

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!

Other Resources

SBA: COVID-19 Health and government officials are working together to maintain the safety, security, and health of the American people. Small businesses are encouraged to do their part to keep their employees, customers, and themselves healthy. Read more www.sba.gov Unemployment COVID-19 Public Information Frequently asked questions about the COVID-19 Coronavirus and State of Wisconsin Unemployment Benefits. Read more dwd.wisconsin.gov

Combating the Coronavirus The U.S. Chamber is working closely with the White House, U.S. government agencies, and foreign government officials to inform and equip businesses with the most important and up-to-date information to prevent the spread of the virus and prepare... Read more www.uschamber.com Greater Madison Chamber Slido Join the Conversation. Please ask questions related to COVID-19 and business here. Read more app.sli.do

More on our website

‌ ‌ ‌

Data Dashboard News Research Events Sites & Buildings