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.
To support the efforts to stop the spread of COVID-19 and to protect the health of our customers and employees we will be limiting lobby access to appointment only until further notice.
Please call your local office to schedule an appointment.
The following services are available by appointment only:
Safe Deposit Box Access
New Account Opening
Additional immediate banking services
If you have questions about your accounts, you are welcome to call us at 608-486-2386 or you can access your account via online banking at www.fnbbangor.net
These are unprecedented times and we want you to know we are committed to our customers in this emergency and you can rest assured that your deposits remain safe with us here at The First National Bank of Bangor with the added assurance of the backing of the FDIC. We look forward to serving your financial needs through this emergency and for many years to come.
The First National Bank of Bangor continues to closely monitor the escalating events related to the Coronavirus (COVID-19). As part of the bank’s pandemic preparedness plan, we are taking the necessary steps to ensure our ability to deliver uninterrupted financial services. As a company, the health and well-being of our customers, employees and families is of the upmost importance. We have implemented the best practices to keep our customers and employees safe and are here to help anyway we can!
All five of our offices currently remain open with our teams here to meet your financial needs. Our staff has been educated on the best hygiene practices pertaining to the Coronavirus. To assist those customers who wish to limit contact, we have the following services to help:
Drive thru at four offices
Free ATM’s using the nationwide network and free ATMs at any Kwik Trip store
We are happy to help set up any of these services or reset passwords. Please call your local office!
Be safe and aware, as there are many scammers and fraud scams are popping up as criminals seek to exploit fear and uncertainty. When someone you don’t know reaches out to you by phone, email, or text asking for personal information, this is likely a scam. Below are some examples of the types of scams you should be on the lookout for:
Emails that appear to be from organizations such as the CDC (Centers for Disease Control), or the WHO (World Health Organization). The scammers have crafted emails that appear to come from these sources, but they actually contain malicious phishing links or dangerous attachments.
Emails that ask for charity donations for studies, doctors, or victims that have been affected by the COVD-19 Coronavirus. Scammers often create fake charity emails after global phenomenons occur, like natural disasters, or health scares like the COVID-19.
Emails that claim to have a “new” or “updated” list of cases of Coronavirus in your area. These emails could contain dangerous links and information designed to scare you into clicking on the link.
Remain cautious! And always remember the following to protect yourself from scams like this:
Never click on links or download attachments from an email that you weren’t expecting.
If you receive a suspicious email that appears to come from an official organization such as the WHO or CDC, report the email to the official organization through their website.
If you want to make a charity donation, go to the charity website of your choice to submit your payment. Type the charity’s web address in your browser instead of clicking on any links in emails, or other messages.