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McDevco reports $657,000 disbursed in loans this year; incubator occupancy rises to about 82%
Summary
McDevco told the committee it has dispersed roughly $657,000 in loans year-to-date, manages multiple revolving loan funds including a $1 million Marathon County allocation nearing depletion, and reports Wausau Business Incubator occupancy at about 82 percent.
McDevco, the county’s economic development partner, reported to the committee that it has dispersed approximately $657,000 in loans year‑to‑date through varied revolving loan funds it administers on behalf of Marathon County, the Judas Alexander Foundation and other partners.
A McDevco representative said loan sizes range from about $20,000 to $250,000 with an average around $25,000, and that most recent applicants…
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