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State Small Business Credit

The SSBCI program will provide an allotment of approximately $13 Million dollars to the State of Montana to use to leverage private lending of 10 times the federal contribution. As a State, Montana must demonstrate a reasonable expectation that at least $10 in new small business lending will be generated for every $1 in federal funding.
If you have any projects you are working on where it would be beneficial to provide the borrower with a very low interest rate on 10% of their project for a period of up to 5 years, then please contact Jeremiah Johnson or Tamariel Christopher at the Great Falls Development Authority as soon as possible to get the process started. We expect this money to be committed to projects very quickly upon its availability.
For additional information please refer to the SSBCI Fact Sheet.
Jeremiah Johnson, Business Development Officer                                          
Tamariel Christopher, Loan Officer                                                                 


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