In partnership with AEO, Fiserv is pleased to announce the Fiserv Back2Business Grants for Small Business Program, which will award funding to Black- and minority-owned businesses that have been impacted by COVID-19 and social unrest.
Financial Resource
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According to a BLP report, the financial team saw an increase of 200% in total projects and a 110% increase in total project investment. The majority of projects that BLP assisted with in 2020 were real estate, restaurants and manufacturing.
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Business Lending PartnersBusiness Recruitment & ExpansionCommunity Loans ProjectsCOVID-19 Financial ResourcesCOVID-19 Financial ResourcesFeaturedNewsRacine CountyRCEDCSuccess Stories
Zero Loan Program assists Hestia Heat Treat, RCEDC’s first recipient
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.
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Business Lending PartnersCommunity Loans ProjectsCOVID-19 Financial ResourcesNewsRacine CountyRCEDCSuccess Stories
RCEDC financial resources support Racine businesses amid pandemic
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.
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NewsSBA Featured Projects
Parker John’s BBQ & Pizza Owners Use SBA 504 to Purchase Fourth Restaurant Location in NE Wisconsin
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.
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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
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Racine County, WI – First funded by Racine County in 2004, the Matching Grant Program (MGP) focuses on supporting…
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Community State Bank Senior Vice President, Steve Donovan and Market President, Nick Borth interview President of…
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COVID-19 Financial ResourcesNews
Applications extended until June 26 for $75 million We’re All In Small Business Grants
More than 26,000 businesses have already applied for the $2,500 grants MADISON, June 24, 2020 –…
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10 RACINE COUNTY BUSINESSES TO RECEIVE $5,000 EACH STURTEVANT, WI (June 2020) – Andis Foundation is proud to partner…