Revolving Loan Fund Policies and Application
Purpose: To provide financing to local units of government in the County that have business or industrial development projects that provide quality job opportunities and increases the tax base of the county. Funds can be used by local units of government to finance infrastructure improvements within their industrial parks, construct spec buildings, purchase real estate or to financially assist businesses and industries that wish to expand or relocate within the County.
Total Dollars in Fund: $2.7 million
Total Funds Currently Available: Varies - for the latest update on available funds contact: Jerry L. Bougie, Winnebago County IDB Coordinator, phone: 920-232-3340, email: jbougie@winnebagocountywi.gov
Eligible Recipients: Local units of government in Winnebago County with tax levying authority are eligible for borrowing from the fund. Businesses interested in benefiting from this program should work closely with their community leaders.
Terms: Dollars are loaned to local units of government at low fixed interest rates. Loan principle and interest are required to be repaid within 5 years. Accelerated paybacks are allowed, and other terms are negotiable. For current interest rates, application materials and loan policies, click on the above link "Revolving Loan Fund Policies and Application".
Information and Contact: Jerry L. Bougie, Winnebago County IDB Coordinator, phone: 920-232-3340, email: jbougie@winnebagocountywi.gov