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FINANCIAL ASSISTANCE COMING TO LOCAL BUSINESSES

FINANCIAL ASSISTANCE COMING TO LOCAL BUSINESSES

There will be some financial assistance coming to Eau Claire. The City of Eau Claire received confirmation that it will receive a $509,831 EDA CARES Act Recovery Assistance grant to capitalize and administer a Revolving Loan Fund (RLF) to provide loans to help coronavirus-impacted businesses in Eau Claire.

Aaron White, City of Eau Claire Economic Development Manager, was notified of the opportunity to apply for these funds a few months ago and put together a program with input from additional City staff that will complement the existing City of Eau Claire Revolving Loan
Funds. To learn more and view more information on current loan programs CLICK HERE.

The City is finalizing details on the application process, eligibility, and loan usage. More information will be shared in the coming weeks.

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