Waterford – RCEDC

Community Loan Funded for Oak Wine and Spirits

Alison HowenJuly 1, 202505.4K views

Oak Wine & Spirits is bringing a new tasting experience to downtown Waterford—offering self-serve wine and beer stations, premium spirits, and curated small bites in a relaxed, upscale setting. Owners John Palmer and Rebecca Vanwormer, both experienced local business owners, are combining their strengths to create a welcoming destination for both casual visitors and enthusiasts. With support from RCEDC and lender Jay Cashmore at Community State Bank, the pair secured Revolving Loan Fund financing with just 15% down, helping turn their vision into a reality.

Community Loan Funded for Modern Aesthetics Skincare

Alison HowenMay 6, 202505.4K 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RCEDC helped secure a Revolving Loan Fund (RLF) for Modern Aesthetics Skincare to purchase a new MOXI laser, replacing outdated equipment and expanding the clinic’s advanced skincare offerings.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.

Spanky’s Sports Bar & Grill Expands Thanks to RCEDC and SBA 504 Financing

Alison HowenNovember 22, 202404.7K views

In 2018, after a full kitchen renovation, Spanky’s began serving their now-famous thin-crust pizza, which, along with other homemade favorites, helped cement their reputation as a neighborhood staple. By 2020, the Allens purchased the property they had been leasing, but demand soon outgrew the space. With carryout orders booming and long wait times becoming common, a larger facility became essential to meet growing demand and streamline operations.

Partner Communities Videos Showcasing Resources for Local Businesses

adminOctober 22, 20240530 views

The Racine County Economic Development Corporation (RCEDC) and its partner communities are proud to present a comprehensive overview of loans and grants specifically designed to support local small businesses.

RCEDC Helps Modern Aesthetics Skincare Expand with Local RLF Support

Alison HowenAugust 26, 202404.3K views

Cala Newholm, founder and owner of Modern Aesthetics Skincare, opened her medical skincare clinic in February 2022 in the Village of Waterford.

RCEDC’s Staff Sets to Demystify Community Loans

adminFebruary 6, 20240990 views

In a 4-part video series RCEDC Staff, Andrea Safedis and Wesley Walsh, explain what who and how community loans, also known as Revolving Loan Funds (RLFs), work.

Starting From Scratch- Flitz International

adminOctober 24, 202303.5K views

Flitz International contacted RCEDC to secure a low-interest, low-downpayment equipment loan. In addition to the $200,000 loan, the company also applied and received a Racine County matching grant.

ProHealth Care will build new clinic in Waterford

Jeremy WilliamsonApril 20, 202303.4K views

ProHealth Care plans to expand its services in the Waterford community by building a clinic at the west corner of Highway 36 and Highway 164.

Condos, commercial space now available at new Waterford Lofts

Jeremy WilliamsonJanuary 17, 202301.6K views

Construction is underway on the mixed-use Waterford Lofts, a 28,200 sq. ft. project at 506 E Main Street. The project is a partnership between the Village of Waterford, Wisconsin Redevelopment Group, and Milwaukee-based Selzer-Ornst Construction Company.

Waterford awarded $250k to construct new multi-use downtown buildings

Jeremy WilliamsonJune 6, 202205.3K views

The Wisconsin Economic Development Corporation (WEDC) recently awarded the Village of Waterford $250,000 as part of the Community Development Investment (CDI) Grant program. The grant will go towards construction of what will become the Waterford Lofts, located at 506 E Main Street.