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Small Business Administration Reveals Funding Distributed To Montana Businesses

In: News Headlines

The Montana District of the U.S. Small Business Administration “non-COVID” loan data for fiscal year ending September 30th shows 323 Montana small businesses received over $186 million. Of these loans 277 for $158,922,700 were made through its Guarantee Loan Program which provides short- or long-term financing for small business start-up or expansion needs. 46 loans totaling $27,669,000 were made through the 504 Certified Development Company program providing long term fixed rates financing for land buildings and equipment.

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