City of Kenosha Forgivable Loan Program
The City of Kenosha Forgivable Loan Program is focused on existing businesses located in the City of Kenosha looking for business financing during COVID-19. Loans are forgivable provided job creation/retention requirement is met.
The business must be located in the City of Kenosha and CANNOT be a start-up.
Funds must be used for working capital for business purposes only, no improvements would be allowed and no use of funds for personal use will be allowed.
Maximum of $15,000.
Term of 12 months
Deferred, forgivable loan (no interest, no payments)
The loan is forgiven, as long as the job creation or job retention requirement is met at the one year anniversary from the closing date and loan funds being disbursed. And if business is still operational.
- SPECIAL: No collateral is required to qualify.
Go to our Loan Application to apply.