Fox Cities Regional Partnership & Outagamie County Announce Business Assistance Program for COVID-19

COVID-19 Business Assistance program, a collaboration between Outagamie County and the Fox Cities Regional Partnership (the economic development division at the Fox Cities Chamber). The new program offers local businesses access to capital in a nimble and quick manner due to the economic challenges from COVID-19. By repurposing an existing revolving loan fund, Outagamie County dedicated $250,000 to the COVID-19 Business Assistance Program.

The program is offering loans ranging from $5,000 to $20,000 with a 3 to 5-year repayment term, 2% interest, and deferred principal and interest for at least 6 months. Loans support basic business needs, including rent/mortgage payments, utility payments, payroll expenses, and pre-existing purchase orders. In addition, loans may support business upgrades and changes in response to COVID-19.

Outagamie County businesses impacted by COVID-19 that are interested in applying for funds can learn more at https://foxcitieschamber.com/main/outagamie-county-covid-19-business-assistance-loan-program/ or contact Fox Cities Regional Partnership staff:

Jennifer Brown, Fox Cities Regional Partnership & Chamber of Commerce
(920) 819-4175, Jennifer@foxcitiesregion.com

Jayme Sellen, Fox Cities Regional Partnership & Chamber of Commerce
(920) 254-0406, JSellen@foxcitieschamber.com

Applications will be reviewed on a regular basis by the Outagamie County loan committee. Businesses are also encouraged to review other available options locally, through the State of Wisconsin and through the federal CARES stimulus package.