Loading

44°F

41°F

44°F

41°F

42°F

46°F

44°F

46°F

42°F

44°F

46°F

44°F
Search
NEWS STORIES

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



Text Size: + Increase | Decrease -
Print Story | Email Story
Sponsored in part by HodagSports.com





 IN OTHER NEWS

Play Video

MINOCQUA - The show was at Lakeland Union High School.

More than 60 vendors were at the show. They covered a large range of services.

Organizers say they tried to get a lot of professionals to come the show. That way people in the community could get a lot of their home related questions answered.

+ Read More

Play Video

CRANDON - The Northwoods saw some beautiful weather Saturday, and for some people, that good weather means good food.

Palubicki's Eats and Treats in Crandon is open again for the season.

"It takes about three or four days and seven or eight of us to get it going," says Palubicki's Eats and Treats owner Sue Palubicki.

Sue Palubicki and her husband Larry have owned Eats and Treats for nine years.

+ Read More

BESSEMER - The Gogebic Iron Area Narcotics Team, or GIANT, arrested a 30-year-old man on multiple drug charges in Bessemer Friday night.

The man faces charges ranging from resisting and obstructing, dangerous drugs, selling heroin, and violating parole.

The man was arrested on a number of warrants. Those were from the Gogebic County Sheriff's Department, the States of Wisconsin and Minnesota, and the Federal U-S Marshall's Department.

The man is being held in the Gogebic County Jail on multiple bonds.

+ Read More

Play Video

RHINELANDER - The fair had a large variety of health screenings available.

St. Mary's Hospital Foundation Director Jesse Boulder thinks it offers an important service to the community.

+ Read More

Play Video

PHILLIPS - Many parents worry about their children being distracted while driving.

Students at Phillips High School got to learn about how hard it is to drive while impaired or distracted.

The Phillips Police Department and school district hosted The Save A Life Tour for students Friday afternoon. It teaches kids the negative impacts of impaired driving.

Students took turns in two different chairs to feel what distracted driving feels like.

"One is simulating being impaired or intoxicated, and it shows what happens while the students are driving that," said Phillips Police Department Lieutenant Al Cummings. "The other one is regarding distracted driving, and actually students need to answer text messages while they're driving."

+ Read More

Play Video

BAHAMAS - People in Wisconsin rarely hear the call of the endangered Kirtland's warbler. It's even more rare to see the Wisconsin songbird in its wintering grounds in the Bahamas. But this week, biologists identified the first-ever banded Kirtland's warbler on the island.

+ Read More

Play Video

MINOCQUA - As it starts to feel more like spring, people may begin to think about doing some home improvement. They can stop by the Minocqua Home, Lifestyle and Recreation Show this Saturday for some ideas and tips.

+ Read More
+ More General News
Search: 




Click Here