TEDCOR offering loans to winter weather businesses

The Tourism and Economic Development Corporation for the Oconto Region (TEDCOR) has announced the launch of 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, TEDCOR executive director. “This Emergency Nano Loan program is designed to provide quick access to vital funds, helping these businesses navigate through these difficult times.” Loan amounts range from $500 to $2,000 with 1% fixed interest. Borrowers must match the loan at a minimum of 25%, and the term is for two years. Interested businesses are encouraged to visit www.tedcor.org to learn about the program details and to apply or contact TEDCOR at 920-834-6969 or jsellen@tedcor.org.