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Board speeds up start of short-term loan program Submitted: 04/24/2014
Board speeds up start of short-term loan program
Story By Associated Press

MADISON - The start of a new short-term loan program that wasn't slated to begin until July has been moved up in an effort to help businesses hurt by recent cutbacks at Oshkosh Corp.

The Wisconsin Economic Development Corporation, the state's chief jobs agency, voted this week to start the pilot program earlier. It will provide loans or loan guarantees of up to $250,000 to companies for projects or expenses that may not be eligible for traditional financing.

The board says it was starting the program earlier in light of news that Oshkosh was cutting 760 jobs from its defense division because of budget cuts being made by the U.S. Department of Defense.

The loan program this year will only target businesses in Oshkosh Corp.'s supply chain



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What We're Working OnSubmitted: 10/23/2017

- Tonight on Newswatch 12:

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The man who died when his ATV hit a bear in Lincoln County lived in Tomahawk.

Lincoln County Sheriff's deputies tell us 51-year-old Kevin Ives died in the accident northwest of Tomahawk Thursday night.

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The ATV rolled when it hit the bear, and Ives was thrown off.

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The Langlade County Sheriff's Office says it responded to the crash at Highway 64 and Ackley Road around 1 p.m.

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