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Home»News»FCEDC & Heart Radiothon Create Loan Program For Small Businesses & Seek Donors To Help Fund Program
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FCEDC & Heart Radiothon Create Loan Program For Small Businesses & Seek Donors To Help Fund Program

April 26, 2020No Comments3 Mins Read

Fulton County, Ohio – The Fulton County Economic Development Corporation (FCEDC) and the Heart Radiothon are partnering to support our small businesses that are in need during the COVID-19 pandemic through a loan program that will eventually provide funds to the Heart Radiothon to purchase needed supplies and equipment for healthcare institutions across Fulton County.

We are asking individuals and businesses that love Fulton County to consider making a donation of any amount to support the small businesses we have that provide the essential services that we experience every day.

Whether the small barber shop, the retail business in the downtown, the small machine shop or the coffee shop that gives us a boost in the morning; we want every business to survive and sustain through this pandemic.

“100% of your contribution will be loaned to small businesses using a strict set of guidelines provided by the FCEDC. Loans will then be repaid by the business over an 18 to 24 month period of time, with 1% interest. 100% of the collected loan payments, plus the interest, will be contributed to the Heart Radiothon in 2021 and 2022; your donation will then be used to purchase healthcare equipment and supplies needed by the healthcare institutions in Fulton County,” shared Matt Gilroy, Executive Director of the FCEDC.

Individuals and businesses that would like to donate to support this cause may send their donation to:

FCEDC – 9460 County Road 14, Wauseon, Ohio 43567

Heart Radiothon – 1493 North Shoop Avenue, Unit B, Wauseon, Ohio 43567

  • In order to receive a charitable tax deduction, donation must be made to the Heart Radiothon versus FCEDC

“Your contribution will have a dual impact. In the immediate, your donation will support a small business trying to survive the stay-at-home orders in place throughout the state. In the long-term, your donation will then help healthcare organizations in Fulton County buy PPE, supplies and equipment; possibly supplies that will help community members battle this virus if a vaccine is not found in the near future,” shared Max Smith, Heart Radiothon Board member and General Manager of WMTR 96.1.

Businesses located in Fulton County that are interested in applying for the loan program may review the loan guidelines and find the one-page application at www.fcedc-ohio.com starting at 8:00 a.m. Wednesday, April 29. Businesses that have questions about the loan or are seeking other information may contact the Fulton County Economic Development Corporation at (419) 337-9270 or matt@fcedc-ohio.com.

–PRESS RELEASE


 

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