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Outagamie County
COVID 19 Business Assistance Program

Overview

Outagamie County COVID 19 Business Assistance Loan Program was established as a resource for Outagamie County businesses experiencing unanticipated financial pressures due to the COVID 19 pandemic. This fund is designed to work in concert with other state and federal financial assistance programs where possible. It is intended to sustain what otherwise were heathy businesses through this unprecedented period of economic disruption.

Program Terms

Individual loan amounts: $5,000-$20,000

  • 2% interest rate
  • 3-5 term; determined on a case-by-case basis
  • No interest and no payments for at least six months
  • No prepayment penalties
  • Owner Guarantees

Eligible Criteria

  • Business has a physical location in Outagamie County
  • Business has been adversely impacted by COVID-19
  • Property owner must be current on property taxes & special assessments

Eligible Use Of Funds

Working Capital including but not limited to;

  • Rent/Mortgage
  • Commercial Utilities
  • Pre-existing purchase orders (placed prior to 3/15)
  • Payroll expenses (including paid leave not reimbursed due to COVID-19)
  • Modifications and/or upgrades related to adjusting business practices due to COVID-19

For additional information please contact
Jennifer Brown, Fox Cities Regional Partnership & Chamber of Commerce
(920) 819-4175 or Jennifer@foxcitiesregion.com

 

 

 

Ineligible applicants include: Non-profits, home-based occupants, speculative investment companies, real estate investment companies, lending institutions, gambling operations, recreational facilities not open to the public, tax exempt businesses, bars and adult entertainment.

 

Key Topics

  • Other