City Of Green Bay Establishes Small Business Pandemic Relief Loan Program

Press release from the City of Green Bay:

April 23, 2020

(Green Bay, WI) – Small businesses located within the city of Green Bay may now apply for assistance through the City’s Small Business Pandemic Relief Loan Program. The City has allocated $100,000 to be disbursed to eligible applicants as soon as possible in order to provide much needed financial relief.

The City will provide 1-year deferred interest loans, up to $10,000, for eligible small businesses that experienced significant financial hardship as a result of the COVID-19 pandemic. The program has a 36 month and 48 month term, including 12 months of deferred payments. The City is attempting to make the loan application as simple and as quick as possible.

“We recognize the intense hardships our business community is currently under,” says Green Bay Mayor Eric Genrich. “We’ve created this program to help supplement some of the resources already being offered by the state and federal governments. We hope these local funds may provide some additional relief to help Green Bay businesses overcome this challenging time and recover faster.”

More information about the Small Business Pandemic Relief Loan is available at www.greenbaywi.gov/sbprl. Business owners may download application materials through the website, or by contacting program manager Wendy Townsend at 920-448-3086, or WendyTo@greenbaywi.gov.

This press release was produced by the City of Green Bay. The views expressed here are the author’s own.