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The original item was published from 6/15/2020 3:51:40 PM to 7/3/2020 4:00:08 PM.

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Community Economic Development

Posted on: June 15, 2020

[ARCHIVED] Calumet County Small Business Disaster Loan Fund Update

The Calumet County Small Business Disaster Loan Fund was launched in May. Thus far, three business loans have been approved. Loan recipients have each received a $5,000, 1% interest loan to support the challenges their businesses have faced and help them adapt operations. The program was started with $50,000, so funding is still available to support other business applicants.

New Holstein has established a City of New Holstein COVID-19 Rapid Recovery Loan Program to assist City of New Holstein businesses that have been impacted by the COVID-19 virus pandemic. Any business located in the City of New Holstein is eligible for up to $5,000 in a zero interest loan for business purposes. All loans will be awarded to eligible applicants while funds are available. The City is making $100,000 available for this program from the existing Revolving Business Loan Program.

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