On behalf of Wisconsin’s community banks and credit unions, we want to assure the state's small businesses that we are eager to be your partner in weathering financial challenges brought on by this unprecedented pandemic.
In addition to guidance and instruction provided specifically to small businesses, brief guidance on the Payroll Protection Program was provided to financial institutions earlier this week. The guidance has left us with still-unresolved questions and concerns, for which our industries are proactively seeking answers
As we wait and then process more comprehensive guidance--expected in the coming hours or days--we ask for your patience. Our institutions are working tirelessly to effectively and efficiently process your Payroll Protection loan applications as soon as possible, and, moreover, to help your businesses find financial security during these challenging times.
For information on how to apply, please visit https://home.treasury.gov/policy-issues/top-priorities/cares-act/assistance-for-small-businesses