WAUSAU, Wis. (WAOW) -- The Wausau Economic Development Committee has approved the deferral of city loans for small businesses impacted by COVID-19.
The deferrals will be approved on a case by case basis and can be requested for up to a year.
"Interest would continue to accrue but you defer your payments. You wouldn't need to make a payment during this key time," said Wausau Economic Development Director Chris Schock.
The measure still has to be approved by the full council.