Banking & Finance
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...
Risk Management LLC joins Vizance
New Berlin-based insurance agency Risk Management LLC has joined Hartland-based Vizance Inc.
Wisconsin SBA lenders rank 10th for approved PPP loans in the country
Wisconsin Small Business Administration lenders have approved more than $7 billion in loans through the federal Paycheck Protection Program.
Fiserv’s CEO, president take 100% pay cuts amid coronavirus pandemic
Fiserv Inc.’s highest paid executives have agreed to a base salary pay cut to financially support the Brookfield-based company’s employees during the COVID-19 pandemic, according to a filing with the Securities and Exchange Commission.
Wisconsin Bank & Trust, sister banks processing $1.5 billion in Paycheck Protection Program loans
Wisconsin Bank & Trust and its sister banks are processing $1.5 billion in Paycheck Protection Program loans under their holding company Heartland Financial USA, Inc.
State bankers association requests wider paycheck protection program pipeline
The Wisconsin Bankers Association is calling on the U.S. Small Business Administration to grant SBA districts the authority to make local adjustments so that lenders have equal access to the SBA’s application portal.
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Ixonia Bank acquires Novus Home Mortgage
Ixonia Bank acquired Waukesha-based Novus Home Mortgage, a nationwide lender with 18 branches in eight states, the bank announced today.
Dohmen acquires Madison-based online marketplace for local food producers, buyers
Milwaukee-based Dohmen has acquired FoodChain, an online marketplace and logistics company founded by University of Wisconsin-Madison alumni.
Financial institutions await guidance for federal relief programs
Financial institutions are awaiting additional guidance from federal officials before making available an array of financial relief programs for businesses impacted by the COVID-19 coronavirus pandemic.
Brew City Match to offer $1,200 grants, 0% interest loans to small businesses in certain parts of Milwaukee
Brew City Match will offer $150,000 in loans and grants to help small businesses in certain parts of Milwaukee overcome closures and temporary revenue loss caused by the COVID-19 pandemic.