Banking & Finance
Wisconsin PPP loans slowed last week, but still in top half nationally
Wisconsin companies were approved for nearly 8,700 Paycheck Protection Program loans last week for more than $641 million, according to the latest data from the U.S. Small Business Administration.
Koss’ PPP loan forgiveness, work from home trend fueled best quarter in years and stock rally
Sometimes, timing is everything. For Milwaukee-based Koss Corp., the timing of its PPP loan forgiveness helped push it to its best quarter in years and reignited a rally in the company’s stock price.
Wisconn Valley Venture Fund confirms $100 million fund raise
Eighteen months after the Wisconn Valley Venture Fund announced its formation, the fund confirmed for federal securities regulators that it raised $100 million.
Rite-Hite acquires snow removal system company
Brown Deer-based manufacturer Rite-Hite Holding Corp. has acquired snow removal system manufacturer Scraper Systems, the company announced today.
Wisconsin companies landing greater share of PPP loans compared to last year
Wisconsin companies have received 10,397 of the more than 400,000 loans approved in the roughly two weeks since the Paycheck Protection Program reopened, according to data from U.S. Small Business Administration.
Artisan Partners names Gottlieb as president
Milwaukee-based Artisan Partners Asset Management has named Jason Gottlieb as the investment management firm’s new president.
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BMO exec to become new president and COO of PyraMax Bank
Greenfield-based 1895 Bancorp of Wisconsin Inc., the holding company of PyraMax Bank, has named David R. Ball as president and chief operating officer of both the holding company and bank.
COVID-19 vaccines will give economy a Shot in the Arm
The COVID-19 pandemic rages on throughout the United States and in Wisconsin. More than 522,000 people in Wisconsin are...
Associated Bank CEO to retire
Phillip Flynn, the president and chief executive officer of Associated Banc-Corp, plans to retire from the Green Bay-based bank at the end of 2021, the company announced Thursday.
Winnow Fund holds final close, raises $10.2 million
Madison-based Winnow Fund held its final close in December, raising $10.2 million two years after the fund was formed.