EDWC is curating available resources for businesses facing challenges due to the impact of COVID-19. Our focus is on providing a single source for information with an eye for what will benefit Washington County businesses. We will update this page as new information becomes available.  (Updated 3/31/2020)

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Immediately Helpful

What Who Benefit More Info
$10,000 Loan Advance (Forgivable)
SBA, CARES Act update to the Economic Injury Disaster Loan (EIDL) loan program detailed below
  • Up to $10,000 Advance on an Economic Injury Disaster Loan (EIDL)
  • Advance may be available even if your EIDL application was declined or is still pending
  • Advance will be forgiven
  • Click the button to the right to fill out a new, streamlined application and get going
  • Need to submit this new application even if you previously submitted an EIDL application
  • Applying for the Advance will not impact the status or slow your existing application
Link to Apply
CARES Act Forgivable Loans Designated Banks and SBA 7a Program Lenders
  • $350 billion in loans to small business with under 500 employees, with loans capped at $10 million
  • Part of the loan would be forgiven if the companies don’t lay off any employees through the end of June
  • $150 billion in loans and loan guarantees for “other eligible businesses”
Economic Injury Disaster Loans (EIDL)
*WI declared eligible 3/20
  • 3.75% interest
  • Fixed for life of the loan
  • Up to 30-year amortization
Fact Sheet
SBA 504 Loan Payment Deferments WBD

*Must already have an SBA 504 loan managed by WBD (which is most in WI)

  • Little paperwork
  • Quick approval
  • Immediate payment relief
Gov. Ever’s Safer at Home Order Definition of Essential Business
  • Determine if your business is deemed essential
Essential Business
Essential Workforce

Likely Unhelpful Right Now

What Who Concern More Info
Small Business 20/20 Grant Program WEDC
(Wisconsin Economic Development Corporation)
  • Limited to CDFI customers
  • CDFI’s competing for grant $
  • Your CDFI must be awarded $


What Who Potential Benefit More Info

Information on this page will be updated regularly. To receive notifications when new resources and assistance information is added, please provide your contact information.

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2151 North Main Street      West Bend, WI 53090      262-335-5769