Revolving Loan Fund Program

Purpose: To provide financing to local units of government in the County that have business or industrial development projects that provide quality job opportunities and increases the tax base of the county.  Funds can be used by local units of government to finance infrastructure improvements within their industrial parks, construct spec buildings, purchase real estate and to financially assist businesses and industries that wish to expand or relocate within the County.

Total Dollars in Fund:  $1.5 million

Total Funds Currently Available: Varies - for current balance, see contact information below.

Eligible Recipients: Units of government in Winnebago County with tax levying authority are eligible for borrowing from the fund.  Businesses interested in benefiting from this program should work closely with their community leaders by requesting them to be the applicant and direct recipient of loan funds.

Terms: Dollars are loaned to local units of government at the average interest rate that the County recieves on its investments adjusted annually.  Loans are required to be repaid within 5 years - principal and interest.  Accelerated paybacks are allowed, and other terms are negotiable. For current interest rates, application materials and loan policies, please use the contact information and links below. 

IDB Loan Policies and Application (click here)

Information and Contact:  Jerry L. Bougie, Winnebago County IDB Coordinator, phone: 920-236-4839, email: jbougie@co.winnebago.wi.us