{"id":5323,"date":"2020-04-06T09:47:27","date_gmt":"2020-04-06T14:47:27","guid":{"rendered":"https:\/\/www.wisconsin.edu\/all-in-wisconsin-new\/?post_type=campus_story&p=5323"},"modified":"2020-04-06T10:24:48","modified_gmt":"2020-04-06T15:24:48","slug":"uw-superior-and-wisconsin-sbdc-helping-northern-businesses-with-disaster-loan-applications","status":"publish","type":"campus_story","link":"https:\/\/www.wisconsin.edu\/all-in-wisconsin\/story\/uw-superior-and-wisconsin-sbdc-helping-northern-businesses-with-disaster-loan-applications\/","title":{"rendered":"UW-Superior and Wisconsin SBDC helping northern businesses with disaster loan applications"},"content":{"rendered":"

\"Photo<\/a><\/p>\n

Free consulting also available to help owners cope with challenges caused by COVID-19 pandemic.<\/p>\n

The\u00a0Wisconsin Small Business Development Center<\/a>\u00a0(SBDC) Network is helping small businesses apply for federal disaster loans to mitigate the substantial economic injury as a result of the\u00a0coronavirus (COVID-19) pandemic<\/a>.<\/p>\n

\u201cWe know that business owners are facing uncertain times as the nation combats the COVID-19 pandemic,” said Andy Donahue, director of the SBDC at UW-Superior. “Northwest Wisconsin business owners should know that the SBDC is here to help them throughout their business cycle as their everyday lives are being disrupted. They are more than welcome to contact our office so we can assist them in whatever means necessary.\u201d<\/p>\n

The\u00a0SBDC at UW-Superior<\/a>, located in Erlanson Hall, Room 108, can be reached via\u00a0email<\/a>\u00a0or at\u00a0(715) 394-8351<\/a>\u00a0.<\/p>\n

The\u00a0U.S. Small Business Administration<\/a>\u00a0(SBA) is offering designated states and territories, including Wisconsin as of March 20, low-interest Economic Injury Disaster Loans (EIDL) for working capital as small businesses have been forced to close or scale back significantly to contain the spread of the virus.<\/p>\n

The Wisconsin SBDC, a resource partner of the SBA, has created a\u00a0webpage<\/a>\u00a0to help business owners understand the qualifications and application process. Consultants\u00a0across the network\u2019s 13 locations<\/a>\u00a0are working remotely via phone, email, and virtual tools to assist clients.<\/p>\n

\u201cBusiness owners face devastating, unprecedented challenges as cash flow and everyday lives are severely disrupted,\u201d said Bon Wikenheiser, state director. \u201cThey need expert advice they can trust now more than ever.\u201d<\/p>\n

The Wisconsin SBDC Network, hosted by the\u00a0University of Wisconsin System<\/a>\u00a0since 1980, offers no-cost, confidential consulting and business education to new and existing businesses. In 2019, the SBDC served 4,658 clients, resulting in $91.3 million in capital investment, 300 new businesses, and 19,717 jobs supported.<\/p>\n

\u201cThe UW System and its universities are proud to partner with the SBDC Network, and we know what vital service and support it provides to businesses and people across the state,\u201d said UW System President Ray Cross. \u201cThat will be critically important as we all face the widespread economic impacts of the COVID-19 pandemic.\u201d<\/p>\n

\u201cThe SBDC Network is a trusted partner of the SBA,\u201d said Eric Ness, Wisconsin\u2019s SBA district director. \u201cSmall business owners should use their services to ease and expedite the loan submission process.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"

Free consulting also available to help owners cope with challenges caused by COVID-19 pandemic. The\u00a0Wisconsin Small Business Development Center\u00a0(SBDC) Network is helping small businesses apply for federal disaster loans to mitigate the substantial economic injury as a result of the\u00a0coronavirus (COVID-19) pandemic. \u201cWe know that business owners are facing uncertain times as the nation combats […]<\/p>\n","protected":false},"author":15,"featured_media":5338,"comment_status":"closed","ping_status":"closed","template":"","institution":[110],"story_category":[],"class_list":["post-5323","campus_story","type-campus_story","status-publish","has-post-thumbnail","hentry","institution-uw-superior"],"_links":{"self":[{"href":"https:\/\/www.wisconsin.edu\/all-in-wisconsin\/wp-json\/wp\/v2\/campus_story\/5323","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.wisconsin.edu\/all-in-wisconsin\/wp-json\/wp\/v2\/campus_story"}],"about":[{"href":"https:\/\/www.wisconsin.edu\/all-in-wisconsin\/wp-json\/wp\/v2\/types\/campus_story"}],"author":[{"embeddable":true,"href":"https:\/\/www.wisconsin.edu\/all-in-wisconsin\/wp-json\/wp\/v2\/users\/15"}],"replies":[{"embeddable":true,"href":"https:\/\/www.wisconsin.edu\/all-in-wisconsin\/wp-json\/wp\/v2\/comments?post=5323"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.wisconsin.edu\/all-in-wisconsin\/wp-json\/wp\/v2\/media\/5338"}],"wp:attachment":[{"href":"https:\/\/www.wisconsin.edu\/all-in-wisconsin\/wp-json\/wp\/v2\/media?parent=5323"}],"wp:term":[{"taxonomy":"institution","embeddable":true,"href":"https:\/\/www.wisconsin.edu\/all-in-wisconsin\/wp-json\/wp\/v2\/institution?post=5323"},{"taxonomy":"story_category","embeddable":true,"href":"https:\/\/www.wisconsin.edu\/all-in-wisconsin\/wp-json\/wp\/v2\/story_category?post=5323"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}