© 2023 WVIK
Listen at 90.3 FM and 98.3 FM in the Quad Cities, 95.9 FM in Dubuque, or on the WVIK app!
Play Live Radio
Next Up:
0:00 0:00
Available On Air Stations

Loans Available for Muscatine Businesses

Muscatine wants to help its small businesses survive the pandemic. The city council has set aside 400,000 dollars for forgivable loans, and will begin taking applications on May 1st.

Spokesman Kevin Jenison says the city is offering up to 2,500 dollars to businesses with up to 25 employees. 

 "The process really started in conversations with small businesses in our downtown district who had tried to go through the federal government to get some of that CARE Act money. It didn't really pan out for them but they still needed help."

The money can be used for normal business expenses, such as rent, mortgages, inventory, and personnel. And if the business is still operating in Muscatine at the end of the year (12/31), the loan will be forgiven. 

Jenison says the city will begin accepting applications on Friday May lst, through May 8th. 

A native of Detroit, Herb Trix began his radio career as a country-western disc jockey in Roswell, New Mexico (“KRSY, your superkicker in the Pecos Valley”), in 1978. After a stint at an oldies station in Topeka, Kansas (imagine getting paid to play “Louie Louie” and “Great Balls of Fire”), he wormed his way into news, first in Topeka, and then in Freeport Illinois.
Related Content