What's New

PPP Update
January 2021
As the latest round of PPP funding is being rolled out, we wanted to pass along some of the knowledge and resources we have obtained through our research and conversations with partners.
NOTE: FCI is NOT processing PPP funds. This may be contrary to information that you have seen from different media outlets, but FCI is not participating. Unfortunately, FCI doesn’t have the internal capacity and framework to process PPP funds.
It is FCI's recommendation that you reach out to your existing banking relationship for assistance in obtaining a PPP loan. From our experience in helping organizations obtain PPP loans in previous rounds, it is best to have the financial institution/partner you have worked with previously assisting you in acquiring the PPP funds. If your bank is not processing SBA PPP Funds, reach out to a local community bank that is working with non-clients. Below you will see a listing of local community bank partners of FCI that are currently accepting new clients for PPP loans.
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Accepting New Clients? - Yes, with the expectation of a future relationship/account opening
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Contact or Online Portal Link - Victoria Davis at Victoria.Davis@associatedbank.com
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Geography - State of Wisconsin
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Accepting New Clients? - Yes, with the expectation of a future relationship/account opening
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Contact or Online Portal Link - https://bankofsunprairie.streetshares.com/ppp3
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Geography - Dane Co. and adjacent counties
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Additional Resources - https://www.bankofsunprairie.com/business-disaster-relief-resources/
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Accepting New Clients? - Yes, with the expectation of a future relationship/account opening
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Contact or Online Portal Link - Shelah Wallace - Shelah.Wallace@CapitolBank.com
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Geography - Dane Co. and adjacent counties
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Accepting New Clients? - Yes, with the expectation of a future relationship/account opening
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Contact or Online Portal Link - https://www.mononabank.com/ppp
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Geography - Dane Co. and adjacent counties
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Accepting New Clients? - Yes, with the expectation of a future relationship/account opening and the potential of gaining their full banking partnership.
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Contact or Online Portal Link - Melissa Pharo - Melissa.Pharo@oldnational.com
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Geography - Most of Wisconsin which specific assistance in Madison, Milwaukee, and the Fox Valley
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Accepting New Clients? - Yes - There is no requirement of future relationships or account opening.
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Contact or Online Portal Link - Steven Erickson - serickson@onecommunity.bank or Portal Link; https://www.onecommunity.bank/business/business-loans/ppp-paycheck-protection-program-second-draw/
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Geography - State of Wisconsin
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Accepting New Clients? - Yes, with the expectation of a future relationship/account opening.
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Contact or Online Portal Link - James Rubin - jrubin@parkbank.com
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Geography - Dane County
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Accepting New Clients? - Yes, with the expectation of a future relationship/account opening
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Contact or Online Portal Link - https://www.sbcp.bank/business/coronavirus-resources
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Geography - Dane County
Below find additional resources regarding PPP funds:
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Scholz Nonprofit Law, LLC Webinar - PPP Loans for First-Time Applicants & Minority-Owned Businesses Webinar - January 14, 2021
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Scholz Nonprofit Law, LLC Webinar - CAA 2021" New PPP2 Loan Application - January 12, 2021
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Scholz Nonprofit Law, LLC Webinar - What Nonprofits Need to Know: New Federal COVID Relief - January 7, 2021