In an effort to assist small businesses with their flood recovery efforts, Fond du Lac County Economic Development Corporation (FCEDC) has established a Disaster Recovery MicroLoan Program (DRMP).
Small businesses that suffered damage from the recent flooding in Fond du Lac County, as well as the portion of the City of Waupun located in Dodge County, are eligible for up to $5000 in the form of a low-interest loan for their recovery efforts through the DRMP. The approval process will be streamlined to assure quick responses and distribution of funds. The loan terms will be up to 24 months at an interest rate of 4%.
Funds can be used for activities directly related to and necessary for the recovery efforts of the business including rent; monthly operating costs; architecture and engineering costs; purchase of furniture, fixture and equipment; inventory; building improvements such as mechanical systems, plumbing and electrical repair; and other items as determined appropriate.
Applications are available in pdf form at the link on the right side of this page or during regular business hours at the FCEDC offices at 140 N. Main Street in Fond du Lac (the same building as the Fond du Lac Police Department). Completed applications and all required documentation should be submitted to FCEDC, 140 N. Main Street, PO Box 1303, Fond du Lac, WI 54936 or emailed to info@fcedc.com.
Any questions can be directed to FCEDC at (920) 929-2928 or info@fcedc.com. All loans will be awarded to eligible applicants while funds are available. No application will be reviewed or presented for approval on behalf of an individual or entity that is delinquent in their Municipal or County Property Taxes.
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DISASTER RECOVERY MICROLOAN APPLICATION (pdf)
A note about additional opportunities: FCEDC staff expects there to be several opportunities available to businesses affected by the flooding. Many of these opportunities will become available if and when Fond du Lac County is declared a federal disaster area by the Federal Emergency Management Agency (FEMA). Be assured that FCEDC will forward information about these opportunities to you once this has occurred.
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The mission of Fond du Lac County Economic Development Corporation, a county-wide private/public partnership, is to improve the economic well being of the businesses, communities, and residents of the county via business attraction activities, existing business development, entrepreneurial services, community preparedness and consultation and workforce development. |
Accredited Economic Development Organization
