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.

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.

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.
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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.

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