
October 28, 2024
NORTH CENTRAL WISCONSIN – The Federal Home Loan Bank of Chicago (FHLBank Chicago) recently awarded Aroma Cafe and Northwoods Family Eyecare a grant of $15,000 through its Community First® Accelerate Grants for Small Business program.
FHLBank Chicago offers grants of up to $30,000 to eligible small businesses to advance economic opportunity in the communities it serves.
The grant was sponsored by Northwestern Bank, a community bank with seven locations covering three counties in northwestern Wisconsin.
Members of Northwestern Bank DeAnna Kodl, business lender, and Jerry Jacobson, bank president, presented Aroma Cafe with its $15,000 grant, while Jake Krebsbach, business lender, and Jamie Leibrandt, market president, delivered the $15,000 grant to Northwoods Family Eyecare.
Northwestern Bank Accelerate Grants assist the growth and development of small businesses in Illinois and Wisconsin.
All grant recipients are small businesses that make a difference in their community, and funds are intended for the following purposes:
- The purchase or improvement of property
- The purchase of machinery, tools or equipment
- The purchase of inventory, materials or supplies
- Workforce development or training
- New or upgraded technology