Community Loan

The City of Racine Road Construction Loan Program provides 0% interest working capital loans of up to $5,000 to businesses negatively impacted by construction occurring in the City of Racine.

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.

Darius Szczekocki, president of Hestia Heat Treat in Racine, will use a $100,000 pandemic recovery loan to purchase new equipment to seek more work with automotive industry clients.

When Low Daily Brewery owners, Tim and Claire Sullivan moved from the Pacific Northwest to Burlington, RCEDC provided development assistance in a variety of capacities, including local and state incentive as well as an SBA 504 loan for building renovations and equipment purchasing.

This program allows for structures that have owner occupied businesses within the boundaries of the TID district to apply for up to $75,000 in forgivable loans for building improvements such as façade upgrades, signage, landscaping and even interior
improvements.

UNION GROVE, WI – The Village of Union Grove Trustees recently approved attractive loan and grant resources to support…

The City of Burlington and RCEDC have been partnering on economic and community development projects since the early 1990’s. Through this team effort, the City has been able to site a new business park, reclaim its riverfront for higher value development, retain its historic character of the downtown, assist growing businesses, and attract new business and development.

Racine County, WI – First funded by Racine County in 2004, the Matching Grant Program (MGP) focuses on supporting…

Burlington, WI – Tenured university professor. World-renowned portrait artist. And now entrepreneur, business owner and City…