WAUWATOSA – Rep. Robyn Vining (D-Wauwatosa) released the following update regarding small business assistance and unemployment benefits for those in Wisconsin affected by COVID-19:
The US Small Business Administration (SBA) will be providing disaster assistance loans to businesses who suffer substantial economic injury due to the COVID-19 pandemic in the United States. In order for a state to qualify for loans, its Governor must submit an application directly to SBA documenting statewide examples of businesses negatively impacted by the outbreak. We have enough documented examples in Wisconsin to submit to SBA to receive a designation.
The next step is for small businesses to fill out loan applications. The Wisconsin Economic Development Corporation (WEDC) is setting up an online application portal and we will update the public with that link as soon as it becomes available. Any questions about this process can be directed to WEDC here. For more information about SBA disaster assistance, visit the SBA website.
Unemployment assistance update
Governor Evers announced that he is issuing an order tomorrow to waive work search requirements and modify the availability requirements for unemployment insurance benefits for workers affected by COVID-19.
Governor Evers also called on the Wisconsin Legislature to take legislative action to repeal the one-week waiting period for unemployment benefits. For more information about unemployment benefits related to COVID-19, visit the Department of Workforce Development website.
Action by the Legislature
Governor Evers and leaders in the legislature will meet Wednesday to discuss a potential legislative package related to COVID-19.
Visit the Wisconsin Department of Health Services website for daily updated information on COVID-19 in Wisconsin.
Rep. Vining represents the 14th Assembly District, which includes parts of Brookfield, Wauwatosa, and Milwaukee. For more information, visit Rep. Vining’s website here.