New Business Loan Program

The Economic Development Administration (EDA) has awarded the West Central Wisconsin Regional Planning Commission (WCWRPC) $500,000 to capitalize a new EDA CARES Act Recovery Assistance Revolving Loan Fund. Applications will be accepted on a first-come, first-serve basis until funds are diminished. Any business in the seven county region (Barron, Chippewa, Clark, Dunn, Eau Claire, Polk, and St. Croix) meeting the below eligibility requirements will be eligible to apply (City of Eau Claire included). Highlights of the new program are: Loans will be limited to small businesses with 10 full-time equivalent (FTE) employees or less Loans will be limited to certain industry sectors believed to be most affected by the COVID-19 pandemic: Manufacturing (NAICS 31-33) Retail Trade (NAICS 44-45) Health Care and Social Assistance (NAICS 62) Arts, entertainment and recreation (NAICS 71) Accommodation and [...]