MEQUON — The
developer of a planned indoor shooting range on Mequon’s far
southwest side has received initial approval for a $50,000 loan from
the city’s revolving loan fund.
Development Board approved the loan request Oct. 24. It must next be
approved by the city’s Finance-Personnel Committee and the Common
Council, That action likely will occur on the same evening, possibly
as early as Nov. 14.
Mark and Cheryle Rebholz are building the eight-lane range in the
Dhaliwal Enterprises building, 9653 N. Granville Road. In addition,
the 9,500-square-foot facility will include a boutique pro shop, a
café, separate lounge areas for members and the general public and a
The loan from
the city’s revolving fund – intended to spark economic development
in the city – is in addition to an $806,000 loan over 10.3 years
that Bear Arms has received from First Bank Financial Centre.
The city loan
will be at 2percent interest over a 10year period. There will be a
three-month deferral of principal to ease the original start-up
costs, according to a memo from Ozaukee Economic Development that
accompanied the application to the Economic Development Board.
the loan include that Bear Arms will create at least 1-1/2
full-time-equivalent jobs within two years of closing on the loan
with the city. The new jobs will be made available through the
Ozaukee County Workforce Development Center. At least 51 percent of
the employees will be hired from low- to moderate-income households,
according to the OED memo.
The funds from
the loan will be used to purchase capital equipment for the
The opening of
Bear Arms has been delayed. Cheryle Rebholz said in January that she
hoped to have the business open by May. She said Monday the goal is
to open in “early 2018.” She said there have been several delays
associated with permits and required approvals.
“I wish it were
faster,” she said. “Everything is moving ahead; we’re very excited.”
facility will be open to all, the OED memo said the “target market
will be women looking to learn more about guns, gun safety and
A pre-sale of
charter memberships has sold out. The business is working to create
partnerships with the police science program at Milwaukee Area
Technical College and a collegiate gun league at Concordia
University Wisconsin, according to the OED.