Posted inKenosha Lens, Uptown Observer

KABA, WEDC partner for microloans to Kenosha businesses

KENOSHA ⏤ The Kenosha Area Business Alliance and the Wisconsin Economic Development Corp. have awarded 27 Kenosha businesses microloans up to $50,000. Kenosha Area Business Alliance and the state Economic Development Corp. announced the microloans in a press release last week. The Recovery Microloan Program (DRM) dispersing the funds is a loan program for local […]

Posted inKenosha Government, Kenosha Lens

State Increases Kenosha Business Loans Program to $4 Million

KENOSHA – A Wisconsin Economic Development Corp. (WEDC) no-interest microloan program for Kenosha businesses damaged during the recent civil unrest has been increased to $4 million, it was announced Wednesday. “We know Kenoshans are working to reconstruct and repair in the wake of devastation, and we want to do everything we can to support the […]

Posted inKenosha Lens

Damaged Kenosha Businesses Eligible for No-Interest State Loans

KENOSHA – Kenosha area businesses that suffered damage related to the recent civil unrest will be eligible for up to $20,000 each in state-backed, no-interest loans to help cover repair costs, it was announced Tuesday. The Wisconsin Economic Development Corp. (WEDC) has allocated up to $1 million in funding for the Disaster Recovery Microloan (DRM) […]

Posted inBusiness, Local news

Racine ready to create a new micro-enterprise fund

The city of Racine has experienced a respectable level of success with its Small Business Revolving Loan Fund, which was established in 2015. The Small Business RLF was created to support viable business projects that had been denied traditional financing. The Small Business RLF funds project requests ranging from $25,000 to $250,000. It requires that […]

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