FOR IMMEDIATE RELEASE
TEDCOR Launches Emergency Nano Loan Program to Support Hospitality Businesses Affected by Winter Weather
Oconto County, WI – March 21, 2025 – TEDCOR, the economic development organization in Oconto County, announces the launch of a new Emergency Nano Loan program. The temporary program will be open until July 30, 2025, 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, Executive Director, TEDCOR. “This Emergency Nano Loan program is designed to provide quick access to vital funds, helping these businesses navigate through these difficult times.”
Program Details:
- Loan Amounts: $500 – $2,000
- Interest: 1% fixed
- Term: Up to 2 years
- Match: 25% minimum
Interested businesses are encouraged to visit tedcor.org to learn more about the program details and to apply or contact TEDCOR at 920-834-6969 or jsellen@tedcor.org.
About TEDCOR
TEDCOR is a non-profit organization dedicated to promoting economic development and tourism in Oconto County, Wisconsin. Through strategic initiatives and partnerships, TEDCOR works to enhance the region’s business climate, attract visitors, and improve the quality of life for residents. Learn more: tedcor.org follow our social channels for tourism Facebook and Instagram and our newly formed TEDCOR Facebook and LinkedIn.
