Loan Program Aimed to Benefit all of
Kewaunee County
Bank of Luxemburg has increased the dollar amount and eligible
footprint for their Revitalization Program. The program, which initially
allocated $1 million to businesses within Luxemburg, will now allocate $3
million to the fund and it will be available to businesses throughout all of
Kewaunee County.
The Revitalization Program assists business owners to
enhance the physical appearance and economic vitality of their businesses and
commercial buildings within all of Kewaunee County. Long-term objectives of the
program include physical improvements of buildings, landscaping and parking
lots, plus increased pedestrian functionality.
“Like Luxemburg, Algoma has its main street program, and Kewaunee
is looking toward additional development with its harbor renovation,” said Executive
Vice President Tim Treml. “From the Town of Carlton to the Town of Red River,
there are small businesses that could benefit from this program.”
Loan amounts will vary from $5,000-$50,000 with a low fixed
interest rate and special repayment terms based on individual project needs.
Eligible loan uses include facade improvements, pedestrian cover, historical
preservation, structure renovations and accessibility improvements.
Kewaunee County business owners interested in the
Revitalization Program can contact Mike Stone at Bank of Luxemburg at 920-845-2345
or mikestone@bankoflux.com.
Bank of Luxemburg and Luxemburg Bancshares, Inc. have full-service
banking offices in Luxemburg, Green Bay, Dyckesville, Casco, Algoma, Kewaunee
and Sturgeon Bay. The company also offers investment services, financial
planning and the sale of alternative investments to its customers in each
community. For more information about Bank of Luxemburg and Luxemburg
Bancshares, Inc., visit www.bankofluxemburg.com.
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