Banking & Finance
Sift Medical raises nearly $745,000
Milwaukee-based Sift Medical Data, Inc. raised $745,000 in a funding round, according to documents filed with the U.S. Securities and Exchange Commission.
MEDC receives $4.3 million in federal money for loan funds
The Milwaukee Economic Development Corporation received $4.3 million in federal money to create two new revolving loan funds.
WWBIC rolls out loan program for veterans
The Wisconsin Women’s Business Initiative Corporation has partnered with the Wisconsin Veterans Chamber of Commerce to offer loans of up to $25,000 to veteran-owned businesses.
Patty Cadorin to receive Woman Executive of the Year Award at virtual BizExpo
Patty Cadorin, a senior advisor at BMO Harris Bank, will receive the 2020 Woman Executive of the Year Award, presented by BizTimes Media.
Village of Mukwonago to launch small business grant program
The village of Mukwonago has partnered with Mukwonago-based Citizens Bank to provide local small business owners impacted by COVID-19 with grants of up to $5,000.
IRS issues additional guidance for retirement account withdrawals in 2020
The IRS recently released notices 2020-50 and 2020-51, on June 19 and June 26, respectively, which offer important but...
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Bank First remodels downtown Cedarburg branch
Bank First’s branch in downtown Cedarburg was remodeled recently and is set to reopen on July 27, the bank announced today.
Milky Way Tech Hub fund aims to raise $50 million by 2021
The Milky Way Tech Hub Fund has its sights on raising $50 million for a venture capital fund by 2021, but the fund managers say only $2 million is needed to operate.
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.