The City of Racine houses many businesses in a variety of industries, serving its residents and the surrounding communities. However, the challenges posed by the COVID-19 pandemic were severe and required creative, flexible solutions to ensure the retention of these valuable assets in the City.
Boasting record-low interest rates fixed for 25 years, the Small Business Administration (SBA) 504 program remains a great financing tool for growing businesses. Aaron and Jennifer Sloma, co-owners of Parker John’s BBQ & Pizza took advantage of the program and introduced another Wisconsin location to their expanding portfolio.
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.
Racine County, WI – First funded by Racine County in 2004, the Matching Grant Program (MGP)…
More than 26,000 businesses have already applied for the $2,500 grants MADISON, June 24, 2020 –…
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