Community Loan – Page 2

Community Loan Funded for Destroy Iron Fitness

Alison HowenMay 21, 202506.3K views

Destroy Iron Fitness, owned by Cornelius Knottnerus (Neil) and Melissa Webster, is expanding its offerings with the help of a Revolving Loan Fund (RLF), which covered 90% of the cost for new equipment. Since taking over in 2024, Neil has led the transformation of the gym into a 24/7 fitness center specializing in bodybuilding and strength training. With unused space ready to be filled and a commitment to creating a premier training environment, the new equipment will help round out their offerings and take the gym to the next level.

Community Loan Funded for Modern Aesthetics Skincare

Alison HowenMay 6, 202505.8K views

RCEDC helped secure a Revolving Loan Fund (RLF) for Modern Aesthetics Skincare to purchase a new MOXI laser, replacing outdated equipment and expanding the clinic’s advanced skincare offerings. Owned and operated by Cala Newholm, a licensed esthetician with over a decade of experience, the clinic opened in 2022 and offers personalized treatments to meet a variety of skin care needs.

Community Loan Funded for The Compassionate Corner

Alison HowenMarch 24, 202505.9K views

I worked with BLP to secure an RLF loan and structured a deal with just 10% down. BLP and I worked seamlessly to make it happen.

Community Loan Funded for Rochester Social

Alison HowenJanuary 4, 202505.8K views

The RCEDC team really worked hard to come up with the best solutions for both projects. They are great at keeping everyone on track and making sure that there are no surprises at the closing. The client was very happy with the results.

Mrs. Rivers Bakery & Smokehouse Café Opens

Alison HowenDecember 17, 202405.5K views

Lisa Rivers embarked on her entrepreneurial journey in 2022 to share her passion for preparing homemade food with others. Inspired by her childhood love of baking with an Easy Bake Oven, Lisa perfected her skills over the years by baking and cooking for family, friends, and co-workers. As her customer base grew, Lisa decided it was time to secure a fixed location for her business.

RCEDC Boosts TS Food Packaging’s Expansion with Local Loan Programs

Alison HowenSeptember 12, 202405.2K views

TS Food Packaging, formerly known as RoJo’s Popcorn and Troystar Packaging, began with a focus on private-label popcorn portion packs. Under the leadership of Robin J. Vos, who took over the company in 1996, TS Food Packaging expanded its product line beyond popcorn, now offering seasonings, oils, and even non-popcorn products.

RCEDC’s RLF Program Fuels Righteous Autos’ Expansion

Alison HowenJuly 3, 202405K views

Paul Sanchez’s entrepreneurial journey began in 2010 when he founded Righteous Autos Inc., an auto repair and sales business that began in a one-car garage near Downtown Racine.

Sturtevant grant and loan propel M&J Krueger Trucking

adminNovember 7, 202305.3K views

Sturtevant, WI – Bolstered by the acquisition of three loans from RCEDC and the receipt of a Sturtevant grant, M&J Krueger Trucking has been able to sustain growth and development at its current location.

BLP celebrates small business development via #RLFWeek 2022

adminDecember 5, 202201.7K views

BLP is honored to join the U.S. Economic Development Administration (EDA) in celebrating #RLFWeek 2022 in support of our growing small business community.

New loan program positively impacts 22 Racine County businesses

adminSeptember 22, 202202.4K views

In 2020, amidst the economic challenges resulting from the pandemic, the US Economic Development Administration (EDA) was charged with administering the CARES Act Recovery Assistance. The program was designed to provide a wide-range of financial assistance to communities, like Racine County, to help recover from the impacts of the pandemic.