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WEDC offers loans for flooded businesses

 

September 27, 2018



The Wisconsin Economic Development Corporation (WEDC), in conjunction with its regional partners, has launched a $2 million Disaster Recovery Microloan Program aimed at small businesses that will provide an immediate source of funds for necessary restoration work and related expenses.

Under the program, WEDC will award grants to regional entities that will provide the microloans of up to $15,000 to assist businesses with a short-term source of funds for repair work and operating expenses until more long-term recovery funding can be secured. The no-interest loans have a two-year repayment pe...



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