Banking & Finance
Stay informed on the latest banking, finance, and investment news across Milwaukee and Wisconsin.
Businesses scramble for financial assistance in attempt to stay afloat during pandemic
It
took just two weeks for the federal government’s $349 billion Paycheck Protection Program funds (part of the CARES Act)...
Educators Credit Union acquires land in Oconomowoc for eventual new branch location
Educators Credit Union has acquired 3.3 acres of commercial land on Prairie Creek Boulevard in Oconomowoc.
$230 billion remains in second PPP fund
Business owners across the country have soaked up approximately $90 billion from the federal Paycheck Protection Program since the second wave of funding became available Monday morning.
Bold Coast Capital shuts down
Milwaukee-based early-stage venture capital fund Bold Coast Capital is no longer raising funds due to the economic impact of COVID-19, according to a Bold Coast Capital newsletter.
Telkonet receives $913,000 through PPP
Telkonet received $913,063 through the Paycheck Protection Program, a loan program under the Coronavirus Aid, Relief, and Economic Security (CARES) Act, according to a Securities and Exchange Commission filing.
SBA to resume accepting PPP loan applications on Monday
The U.S. Small Business Administration will begin processing the second round of federal Paycheck Protection Program applications on Monday.
U.S....
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North Shore Bank to construct new Brookfield branch
Brookfield-based North Shore Bank plans to construct a new branch in Brookfield at 15830 W. Capitol Drive, the bank recently...
Communities build their own financial relief funds for small business
Several municipalities in the greater Milwaukee area have established emergency relief fund programs to support staple businesses in their...
Twin Disc lands $8.2 million PPP loan with BMO Harris   Â
Racine-based Twin Disc Inc. has received a nearly $8.2 million loan from BMO Harris Bank under the U.S. Small...
Second round of PPP funds could run out faster than first
Lawmakers are nearing a deal expected to replenish the federal Paycheck Protection Program, but even if the round comes...
