Areas Served: City of Kewaunee
The Kewaunee County, Wisconsin Revolving Loan Fund was established in 1998 with the first Community Development Block Grant for Economic Development (CDBG-ED) awarded in the County.
Today, more than $1 Million are working throughout the County.
CDGB-ED loans are Federal dollars that are channeled through the State Department of Commerce to local units of government.
The funds are in the form of a loan to the business and a grant to the County.
The CDBG-ED loans are paid directly back to the County.
These payments of principal and interest help to capitalize the County’s RLF.
Quite frequently, the RLF will provide gap financing to help close the gap between conventional financing methods and help a project located in the County to move forward.
Kewaunee County’s Revolving Loan Fund (RLF) program is based on job retention and creation.
It offers a dollar for dollar match on financing for eligible projects.
Contact InformationKewaunee County, Wisconsin
Address: E4280 County Road F
City: Kewaunee
State: Wisconsin
Website:
http://www.kewauneeco.org/rec/Park_RLF_new/Park%20-%20RLF.htm
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