Areas Served: City of Lake Geneva
Lake Geneva Economic Development Corporation offers two loan programs for businesses in Lake Geneva, Wisconsin.
Master Loan Fund Available to finance site purchases and improvements, leasehold improvements and fixture/equipment acquisition.
Maximum of $50,000; larger amount may be approved by the LGEDC Board.
LGEDC takes second position and term length matches lending institution.
Interest rates are 50 percent of the current Wall Street prime or 4 percent, whichever is greater.
Retail Grants and Loans Building façade design grants by an approved designer up to $2,500 for retail locations.
Construction façade loans of up to $10,000 for a term of four years.
Major construction costs may qualify for Master Loan Fund.
Both programs administered by LGEDC.
Contact InformationLake Geneva Economic Development Corporation
Address: PO Box 460
City: Lake Geneva
State: Wisconsin
Website:
http://lakegenevaeconomicdevelopmentcorp.com/dc-incentives.html
Leave a Reply