NWREDF
The Northwest Wisconsin Rural Economic Development Fund (NWREDF) administers its Revolving Loan Programs in partnership with local communities, Northwest Regional Planning Commission (NWRPC) and the Wisconsin Department of Commerce. NWREDF provides low-cost financing of up to $200,000, for businesses seeking to either start or expand their operations in Northwest Wisconsin. Focus is placed on high technology businesses, manufacturing, timber, secondary wood products, and the tourism industry.
Eligible Applicants
Businesses located in one of the following seven Northwest counties of Wisconsin: Bayfield, Burnett, Douglas, Iron, Price, Rusk, and Sawyer with the exceptions of the City of Superior in Douglas County and the City of Washburn in Bayfield County. The applicant must demonstrate that the proposed project is viable and that the business will have the economic ability to repay the loan.
2007 NWREDF Loans
| Business | Amount | County | RLF Fund |
|---|---|---|---|
| Best Enterprises, Inc. | $50,000 | Rusk | NWREDF |
| Flambeau River Archery | $40,000 | Rusk | NWREDF |
| Up North Phillips | $10,000 | Price | NWREDF |
| North Star Acres | $70,000 | Rusk/Sawyer | NWREDF |
| D3 Inc. | $75,000 | Bayfield | NWREDF |
| Top-O-Wisconsin | $50,000 | Burnett | NWREDF |
| Village of Grantsburg | $200,000 | Burnett | NWREDF |
| Hurley Chamber | $20,000 | Iron | NWREDF |
| Liberty Bell Chalet, Inc. | $50,000 | Iron | NWREDF |
| Ladysmith Machining | $50,000 | Rusk | NWREDF |