Areas Served: City of La Crosse
The program’s purpose is to assist businesses which have both viable business expansion plans and a demonstrated financial need and can be used for the acquisition of equipment, real estate, rehabilitation of buildings, and construction of new buildings.
Eligible Recipients: This Program is designed to provide suitable physical facilities and equipment for new and expanding small business.
For-profit businesses with less than 100 projected or existing employees in La Crosse are eligible to apply for loan funds (excludes non-profit enterprises, lending, or investment enterprises and financing real property held for investment).
New and expanding small business must be located or operated within the City of La Crosse, Wisconsin.
Eligible Activities: Loan funds may be used for acquisition of land and/or building(s), rehabilitation of building(s), new construction, and purchase of manufacturing equipment in connection with starting a new business or expanding an existing business.
Land and buildings must be privately owned, taxable property, and proposed for manufacturing and/or commercial activity or mixed business/residential use.
No loans will be made for mixed-use projects when the cost of the residential improvements exceeds 35% of total project costs.
If buildings are being purchased or rehabilitated with City loan funds, all building Code violations must be remedied to the satisfaction of the City of La Crosse Inspection Department.
Contact InformationCity of La Crosse, Wisconsin
Address: 400 La Crosse Street
City: La Crosse
State: Wisconsin
Website:
http://www.cityoflacrosse.org/index.aspx?NID=791
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