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PPP Update

January 2021

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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.

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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.

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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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Associated Bank​

  • Accepting New Clients? - Yes, with the expectation of a future relationship/account opening

  • Contact or Online Portal Link - Victoria Davis at Victoria.Davis@associatedbank.com

  • Geography - State of Wisconsin

Bank of Sun Prairie​

Capitol Bank

  • Accepting New Clients? - Yes, with the expectation of a future relationship/account opening

  • Contact or Online Portal Link - Shelah Wallace - Shelah.Wallace@CapitolBank.com

  • Geography - Dane Co. and adjacent counties

Monona Bank​

  • Accepting New Clients? - Yes, with the expectation of a future relationship/account opening

  • Contact or Online Portal Link - https://www.mononabank.com/ppp

  • Geography - Dane Co. and adjacent counties

Old National Bank​

  • Accepting New Clients? - Yes, with the expectation of a future relationship/account opening and the potential of gaining their full banking partnership.

  • Contact or Online Portal Link - Melissa Pharo - Melissa.Pharo@oldnational.com

  • Geography - Most of Wisconsin which specific assistance in Madison, Milwaukee, and the Fox Valley

One Community Bank

Park Bank​

  • Accepting New Clients? - Yes, with the expectation of a future relationship/account opening.

  • Contact or Online Portal Link - James Rubin - jrubin@parkbank.com

  • Geography - Dane County

State Bank of Cross Plains​​

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Below find additional resources regarding PPP funds:

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