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GFDA Top 14 For The Week

Here's the GFDA Top 14 for the last two weeks:
 
1) Enbridge Inc. closed on its purchase of Tonbridge Power Inc.
2) GFDA Loan Committee approved a $459,242 loan participation for an advanced manufacturer that is looking to expand to Great Falls.
3) 677 Great Falls community members completed the survey. To date, over 1,000 community members have provided input to the brand development project.
4) Responded to a new out of state lead for a 50,000 SF retail operation.
5) Great Falls Metro unemployment rate dropped from 6.6% in August to 6.4% in September.
6) 11 contractors bids on the water line that will serve the Great Falls AgriTech Park. Bids came in below our engineer's estimate.
7) Great Falls City Commission unanimously approved the Downtown Master Plan. Congratulations to the hundreds of community members who participated in this effort! This is the only downtown plan I've ever heard of that won its first award before even being adopted.
8) SBA approved a $585,000 High Plains Financial 504 loan that will help a Great Falls professional service firm buy and renovate a downtown building.
9) MSU Great Falls announced that its newly approved Registered Nursing program will accept 20 students next fall, using the new Simulated Hospital. Students will earn an Associate of Science in Nursing degree. Benefis Healthcare System has provided much of the equipment for the Simulated Hospital.
10) Presented an agri-processing forum at the Montana Farmers Union Convention in Great Falls. Montana Eggs, Pasta Montana and Doty & Associates participated.
11) Worked on plans to roll-out our new MicroBusiness Loan Fund. The $625,000 fund will focus on helping start-up and existing small businesses in Cascade, Glacier, Pondera, Teton and Toole Counties. The fund will be capitalized with a $500,000 loan from the MT Dept. of Commerce and $125,000 invested by GFDA.
12) Helped a new client, who is looking to buy an established business, to strengthen their business plan and assess financing options. Worked with another new client to gain a better understanding of their financials and cashflow to determine the feasibility of expansion. 
13) Mailed our FY 2011 Annual Report to GFDA investors.
14) Great Falls International Airport announced a 12% increase in passengers in the last 12 months.

 

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