DISASTER RECOVER MICROLOANS NOW AVAILABLE

FOR ANTIGO TIMES

The North Central Wisconsin Regional Planning Commission (NCWRPC) has again

partnered with the Wisconsin Economic Development Corporation (WEDC) to provide

Disaster Recovery Microloan (DRM) funds. This program will provide a source of funds

for small businesses to cover expenses related to storm damage that occurred in July.

Businesses within Langlade, Portage and Wood Counties are eligible to apply.

The loans, up to $20,000 per business, may be used for procurement of cleanup and

restoration services, operating expenses, temporary space, and repair and

reconstruction work. These are no-interest loans have a two-year repayment period,

with payments deferred for at least six months.

“Storms had a devastating economic effect on our areas small businesses”, said Darryl

Landeau, Senior Planner with the NCWRPC. “This new program provides an immediate

source of funds to help those impacted businesses recover from this disaster.”

The North Central Wisconsin Regional Planning Commission (NCWRPC) was created

in 1973 under Wisconsin Statute 66.0309 as a voluntary association of governments for

the purpose of preparing plans for the physical development of the Region and its

communities; to conduct research; to serve as a data center; and to serve as a forum

for communication, cooperation and coordination among federal, state, regional, and

local interests; and to provide technical services to its membership.

For more information about the microloan program, visit www.ncwrpc.org