If you have not done so already, click here to take the survey.
Thank you for completing the 2020 COVID-19 Business Needs Assessment for Walworth County! The following charts are a snapshot of the highlights of the survey that reflect 150 respondents in various industries. This effort was a collaboration between WCEDA and our partners. Below the charts you will find resources that correspond to the survey. Please reference a recent follow-up email for the suggested resources you may want to review below.
Survey Results Snapshot
Click on any of the following charts to view them full-size. Updated 05.06.20.
Respondents from the survey fall into the following industries.
Number of Employees
% of respondents who discussed financial options with their bank.
SBA COVID-19 Programs
% of people who applied for SBA emergency programs
Estimated revenue loss due to COVID-19 crisis.
Lengths of time respondents have been closed
Covid-19 Positive Employees
% of companies with employees infected by Covid-19
% of respondents who have created a recovery plan
% of respondents intending to hire back or hire employees
% of respondents intending to upgrade website, eCommerce, or virtual capabilities
Based on your answers to the survey, we have sent you suggestions for resources you may want to review. Please refer to your individual email for more information. You may also follow up with your local contacts (listed below) who can potentially help you further.
0. Contact your bank.
If your bank can’t help, contact one of the partners listed in the contacts section below.
1. Paycheck Protection Program (PPP)
Designed to help retain or rehire employees
2. Economic Injury Disaster Loan
Low-interest loan for working capital with $10k advance option
3. SB 2020 Grant
Have you had a loan with any of the CDFIs on this list? If so, you may be eligible for this grant.
We’re all in Grant
Funded by the federal Coronavirus Aid, Relief and Economic Security (CARES) Act, the We’re All In Small Business Grant Program will provide $2,500 to 30,000 Wisconsin small businesses to assist with the costs of business interruption or for health and safety improvements, wages and salaries, rent, mortgages and inventory.
4. WWBIC Loans
Alternative funding resources with fast-track loans and lines of credit, plus a PPP option
5. KIVA Loans
Crowd-funding, no-interest loans
6. SBA Express Bridge Loan
Option through bank that has forgivable portion
Operations During Crisis
10. Covid-19 Workplace Updates on Resources
Scroll down for resources on guides, sample letters and policies.
11. Work-Share Program
Employer reduces hours and employees receive partial unemployment compensation.
12. Work Exchange Program
Employers essentially loan employees to another company for a specified period of time.
14. Confirmed Positive COVID-19 Test
10 Steps for Employers.
16. Coronavirus Communication Toolkit
Make sure you have a COVID-19 statement on your website and Google profile.
22. Training and Business Assistance
• Gateway Workforce Solutions (orientation, safety practices, supervisory, etc.)
• UW-Whitewater business resources (cyber security, economic data, sales, tax assistance, etc.)
25. State guidelines for reopening
Led by the Walworth County Economic Development Alliance in cooperation with the following chambers.
Elkhorn Area Chamber and Visitors Bureau, Chris Clapper
Visit Lake Geneva, Stephanie Klett
Walworth County Economic Development Alliance, Derek D’Auria
Walworth County Visitors Bureau, Kathy Seeberg