Emergency nano loans offered for Oconto County businesses

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TEDCOR, the economic development organization in Oconto County, announced a new Emergency Nano Loan program.

The temporary program will be open until July 30 and aims to provide swift financial relief to businesses reliant on outdoor recreation activities that have been negatively impacted by the lack of snow and other adverse weather.

“We recognize the challenges our local hospitality businesses face during unpredictable winter seasons,” said Jayme Sellen, Executive Director, TEDCOR. “This Emergency Nano Loan program is designed to provide quick access to vital funds, helping these businesses navigate through these difficult times.”

Program Details:

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  • Loan Amounts: $500 – $2,000
  • Interest: 1% fixed
  • Term: Up to 2 years
  • Match: 25% minimum

Interested businesses are encouraged to visit tedcor.org to learn more about the program details and to apply or contact TEDCOR at 920-834-6969 or jsellen@tedcor.org.

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