Matching Grants

Grant reimburses up to 50% of eligible cost – up to $5,000 per applicant.
Through funding from the County of Racine, a Matching Grant Program (MGP) was established with the goal of providing a means for existing small and medium-sized companies to obtain the professional services necessary for a strong foundation for continued business growth and to provide jobs for Racine County residents.

Grant reimburses up to 50% of eligible cost – up to $10,000 per applicant.
Through funding from the City of Burlington, a Matching Grant Program (MGP) was established with the goal of providing a means for small and medium-sized for-profit and non-profit organizations to establish a new operation, expand an existing operation or construct or improve a facility for lease to business(es) located in the City of Burlington.

Business Lending Partners (BLP) provides up-front eligibility screening services to determine if a small business meets the general criteria to qualify for an SBA loan.

    Why SBA 504 Loans?

    Lenders' Benefits

    Borrowers' Benefits

    Recent Business Lending Partners News

    Asphalt Contractors Inc. (ACI), owned by Robert, Robert Jr. and Peter Kordus, a once primary sealcoating operation, recently evolved into the largest company of its kind in Southeast Wisconsin - using the SBA 504 loan program

    Dan Gallagher started Mybread Bakery with a mission to provide gluten-free breads that are safe for those with food allergies, but not compromise taste or quality. Three years later, Gallagher relocated from Chicago to Racine - with help from the Racine County Economic Development Corporation - and expanded operations by renting a larger space, purchasing better machinery, and hiring additional employees.

    SBA 504 Rates October 2021

    The Business Growth Solutions Series is a 3-part video educational experience designed for small business owners, commercial lenders, real estate professionals and anyone in a position to help Wisconsin businesses grow.

    The Racine County Economic Development Corporation (RCEDC) is pleased to welcome two
    new professionals to its lending staff, Dillon Voltz and Akayna Morrison.

    With infrastructure improvements completed and development plans in place, the Village of Waterford and a few of its local businesses are utilizing RCEDC resources to spur recent development activity.

    Linda and Eli Bracha, owners of Wis-Tek, CPT and Green Tek, saw the U.S. Small Business Administration's 504 program as an opportunity to purchase equipment, renovate their current Janesville facility and expand to an additional location, near Clinton.

    Join BLP at the 31st Annual Wisconsin Lenders Conference on May 20th and 21st.

    April 2021 SBA 504 Rates

    RCEDC’s most recent Zero Loan Program recipients, Terri and Michael Bannon, owners of Razor Sharp Fitness, used the funds to purchase new fitness equipment, which they anticipate will increase memberships and alleviate the effects from the pandemic.

    This event will highlight available financial programs for City of Racine business owners.

    January 2021 SBA 504 Rates


    RCEDC’s mission is to grow Racine County’s property tax base and by supporting business expansions, provide employment opportunities to Racine County residents. Over the last three years the RCEDC staff assisted 72 projects that, when completed, will result in 1,000’s of new full time jobs, and will substantially boost local property tax revenues. Your investment allows RCEDC staff to continue these positive efforts.


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