The First National Bank of Bangor is pleased to announce the promotions of Joanie Wilcox to Vice President- Administration and Jeff Schmidt to Vice President – Lending. “On behalf of the Board of Directors, we congratulate Joanie and Jeff on their promotions and look forward to their continued development as leaders of the Bank,” said First National President Bill Bosshard.
Both are graduates of Bangor High School and long-time First National employees–Joanie started at the Bank in 1984 and Jeff in 1995. Jeff is a graduate of the UW Graduate School of Banking. Both are active in the community – Joanie serves on the Bangor School District Board, while Jeff has served on the Bangor Village Board of Commissioners and is currently President of the La Crosse County Agricultural Society. Joanie is based at First National’s headquarters in Bangor, Wisconsin. Jeff continues to manage the Bank’s Holmen, Wisconsin location.
First National also welcomes to its lending team Todd Hanson, who recently joined the Bank as a Loan Officer at the Holmen location, 520 McHugh Road. Todd, a long-time resident of Holmen and graduate of Holmen High School and UW-La Crosse, brings over 20 years of mortgage lending experience to First National. Said Bosshard: “We are excited to enhance the Bank’s home mortgage offerings for our customers. Todd brings a wealth of expertise to our lending department. Todd has earned a reputation for putting customers first.” Todd joins FNBB’s Nicole Vidal, who also leads First National’s mortgage team as West Salem branch manager.
The Small Business Administration Economic Injury Disaster Loan program is now available to small businesses that have been affected by the coronavirus COVID-19, Gov. Tony Evers announced Friday, March 20th.
The U.S. SBA approved Ever’s request for federal loan assistance, which gives small businesses access to loans of up to $2 million with low interest rates and repayment plans of up to 30 years.
Businesses can apply Here. Here’s a list of documents needed to apply:
Tax Information Authorization (IRS Form 4506T) for the applicant, principals, and affiliates
Complete copies of the most recent Federal Income Tax Return
Schedule of Liabilities (SBA Form 2202)
Personal Financial Statement (SBA Form 413)
Profit and loss statements
Monthly sales figures (SBA Form 1368)
Companies that have been in business under a year can use their personal tax returns if they don’t have business tax returns yet (loan requires a personal guarantee) and they can also make projections, said Shirah Apple, public affairs specialist at the Wisconsin SBA.