Chippewa County COVID-19 Business Assistance Disaster Relief Loan Program

Chippewa County’s COVID-19 Business Assistance Disaster Relief Loan Program was established as a resource for Chippewa County service sector businesses experiencing unanticipated financial pressures due to the COVID-19 pandemic.


  • Loan amounts: $5,000-$10,000

  • 1.5% interest rate

  • 3-5 year term; determined on a case-by-case basis

  • No interest and no payments for at least one year

  • No prepayment penalties


  • Business has a physical location in Chippewa County

  • Business has been adversely impacted by COVID-19

  • Property owner must be current on property taxes & special assessments

  • Business must have no more than 10 employees


Working capital including but not limited to:

  • Pre-existing purchase orders (placed prior to 4/15)

  • Payroll expenses

  • Modifications and/or upgrades related to adjusting business practices due to COVID-19


To apply, click the PDF icon to download the application. Submit a completed application to Charlie Walker at the Chippewa County Economic Development Corporation via email at

Wisconsin We’re All In Grant Program

The state of Wisconsin is using a portion of the funding received under the CARES Act to establish the We’re All In Initiative, which includes a $75 million grant program.  Under this program, grants in the amount of $2,500 will be available to small businesses with 20 or fewer FTEs impacted by COVID-19 that have not already received WEDC COVID-19 assistance.  Up to 30,000 businesses may receive grants.  More details about the program are forthcoming; see program website for details.

Federal Reserve’s Main Street Lending Program

This program is established to support lending to small and medium-sized businesses (as defined under the program) that were in sound financial condition before the onset of the COVID-19 pandemic.  See the program webpage for specific details.  This program is anticipated to start at the end of May.

U.S. Chamber of Commerce Guide to the Main Street Lending Program

SBA Economic Injury Disaster Loan Assistance (EIDL)
The U.S. Small Business Administration (SBA) has approved Wisconsin for an initial grant of up to $10,000 and low-interest federal disaster loans for working capital to small businesses suffering substantial economic injury as a result of COVID-19. Additional Funding Notice from SBA: With the additional funding provided by the Phase 3.5 Stimulus Bill, SBA will resume processing EIDL Loan and Advance applications that are already in the queue on a first come, first-served basis. SBA will begin accepting new EIDL and EIDL Advance applications on a limited basis to provide relief to U.S. agricultural businesses.  


SBA Paycheck Protection Program
The Paycheck Protection Plan (PPP) authorizes up to $349 billion in forgivable loans to small businesses to pay their employees during the COVID-19 crisis.  Businesses apply through a participating lending institution. Additional Funding Notice from SBA: SBA will resume accepting Paycheck Protection Program applications from participation lenders on Monday, April 27, 2020 at  9:30 a.m. CT.

SBA Debt Relief Program
Under this program the SBA will assist with principal and interest payments for SBA 7(a) loans issued prior to September 27, 2020.


SBA Express Bridge Loan Program
This program allows small businesses who currently have a business relationship with an SBA Express Lender to access financing quickly.  These loans can provide economic support to small businesses to help overcome the temporary loss of revenue they are experiencing and can be a term loan or used to bring the gap while applying for an SBA EIDL loan.

WEDC Small Business 20/20 Program
The Wisconsin Economic Development Corporation (WEDC) Small Business 20/20 Program provides grant funds to approved Community Development Financial Institutions (CDFIs) who will then award grants of up to $20,000 to their existing loan clients to assist with cash-flow challenges resulting from COVID-19.  (Note: In the West Central Wisconsin Region, the only eligible CDFI for this program is Impact Seven, Inc.)

WEDC Ethnic Minority Emergency Grant

The Wisconsin Economic Development Corporation (WEDC) Ethnic Minority Emergency Grant is focused on supporting ethnic micro-businesses that are being adversely impacted by the COVID-19 crisis. This emergency fund will provide a one-time grant of $2,000 per company for ethnic minority-owned micro-businesses operating in the retail, hospitality and service industries. See program document for details.

City of River Falls Recovery Revolving Loan Program

The City of River Falls has created a $500,000 revolving loan fund to assist local businesses negatively impacted by the COVID-19 pandemic. The program is intended to be used in conjunction with other financing, including but not limited to, bank loans and Small Business Administration (SBA) financing programs. River Falls' businesses can request a loan amount of $5,000 or $10,000. Deadline to apply is June 5, 2020. Guidelines, loan details, and application materials can e found on the City's loan program webpage.

U.S. Department of Agriculture Business & Industry (B&I) CARES Act Program

USDA is making available up to $1 billion in loan guarantees to help rural businesses meet their working capital needs during the coronavirus pandemic. This program is available to rural businesses and agricultural producers that are not eligible for USDA Farm Service Agency loans. See program webpage for additional details.


(Note: this list is not exhaustive of all potential non-governmental assistance programs.)


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