COVID-19

The Wisconsin Small Business Development Center Network has created this page to anchor important resources and information during the COVID-19 pandemic.

Staff across all of our centers are available to work with you via phone or virtual means.

We’re here to help.

SBA Economic Injury Disaster Loan Assistance

NOTICE: Starting the week of April 6, 2021, the SBA raised the loan limit for the COVID-19 EIDL program from 6-months of economic injury with a maximum loan amount of $150,000 to up to 24-months of economic injury with a maximum loan amount of $500,000.
The deadline for Economic Injury Disaster Loan (EIDL) applications has been extended to Dec. 31, 2021.

The U.S. Small Business Administration’s Economic Injury Disaster Loans (EIDL) are available to small businesses.

These working capital loans may be used to pay fixed debts, payroll, accounts payable and other bills that could have been paid had the disaster not occurred.

EIDL applications will be processed on a first-come, first-served basis; contact SBA disaster customer service if you have a question about your loan status.

Note: The SBA has other coronavirus relief measures in place; check for your cross-program eligibility.

En español: You can also learn about all of the SBA relief programs in Spanish.

Paycheck Protection Program Loan Forgiveness

PPP Loan Forgiveness: The loan will be fully forgiven if the funds are used for payroll costs, interest on mortgages, rent and utilities (due to likely high subscription, at least 60 percent of the forgiven amount must have been used for payroll). There are three options for applying (Spanish versions also available on the main PPP page); learn more in the forgiveness FAQ or check out the Factsheet for Borrowers:

COVID-19 Wisconsin Business Recovery Calendar

This calendar is a list of all COVID-19 business recovery events in Wisconsin. Please use the searchable fields to find the event that is right for your small business, in your area.

Federal Guidance

Federal guidance and resources to help your business respond to COVID-19. The agencies will be updating their pages regularly as regulations and processes change:

Wisconsin Resources for Businesses & Employers

For the most up-to-date information on COVID-19, visit Wisconsin’s Department of Health Services website. To follow the statewide response, ​visit the inter-agency site.

Unemployment

The Wisconsin Department of Workforce Development (DWD) is encouraging people to learn more about unemployment and apply online due to unprecedented call volume and tens of thousands of applications. DWD says over 98 percent of those who have applied through the website have been able to successfully start, complete and file their claim for unemployment benefits. Below are popular links to help answer your questions.

Client FAQ

Wisconsin SBDC staff has curated and is updating a list of common questions we are fielding, with answers, to help address your most important questions.

Additional resources can be found at the Institute for Business & Entrepreneurship COVID-19 page.

Still have questions?

If you still have questions about your small business, let us know.

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Education

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