Banking & Finance
The banks that administered the most PPP loans in Wisconsin
As part of the federal Coronavirus Aid, Relief, and Economic Security Act (CARES Act) to help businesses during the severe economic downturn caused by the COVID-19 pandemic, financial institutions administered more than 85,000 Paycheck Protection Program loans to Wisconsin companies, totaling about $9.88 billion.
Southeast Wisconsin’s top PPP loan recipients
The U.S. Small Business Administration released a list today of every company across the country that received a Paycheck Protection Program loan through the Coronavirus Aid, Relief, and Economic Security (CARES) Act.
WWBIC receives $368,000 grant
The Wells Fargo Foundation has donated $368,000 to the Wisconsin Women’s Business Initiative Corporation, the organization announced Wednesday.
Waterstone Mortgage CEO leaving company for another job
Waterstone Mortgage president and chief executive officer Andy Peach is resigning nine months after he took the position in August of 2019.
Big life moments may mean complex financial decisions
Most of us face moments in life when we must make a critical financial decision, like buying a home,...
How Jason Industries ended up filing for bankruptcy
Quinpario Acquisition Corp. paid nearly $540 million to acquire Milwaukee-based Jason Industries in 2014. That same year, Jason had more than $700 million in revenue and its sales had grown for several years coming out of the Great Recession.
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WEDC extends small business grant deadline
The deadline to apply for the Wisconsin Economic Development Corporation’s COVID-19 relief grant has been extended, the WEDC announced yesterday.
Milky Way Tech Hub to launch $50 million fund to invest in tech companies owned by minorities
Jet Constellations is launching a $50 million dollar fund through its social impact arm, The Milky Way Tech Hub. A main focus of the fund will be to invest in tech companies owned by people of color and other underrepresented individuals.
Local businesses and organizations add holiday pay, days off for Juneteenth
Businesses and organizations locally and around the country are providing holiday pay or paid time off to commemorate Juneteenth.
Celebrated...
U.S. SBA reopens EIDL to all businesses
The Economic Injury Disaster Loan is now available to all businesses after the U.S. Small Business Administration limited which businesses could apply in May.