Subscribe
  • News
    • Local
    • Regional
    • Business
    • Real Estate
    • Outlaw Partners
  • Arts & Entertainment
  • Opinion
  • Sports
  • Yellowstone
  • Events
Menu
  • News
    • Local
    • Regional
    • Business
    • Real Estate
    • Outlaw Partners
  • Arts & Entertainment
  • Opinion
  • Sports
  • Yellowstone
  • Events

Gov. Bullock announces emergency loans now available for small businesses in Montana

in Health, News
Big Sky businesses face steep adversity in coming months
Outlaw Partnersby Outlaw Partners
March 18, 2020

Governor Steve Bullock today announced that small businesses across Montana impacted by the novel coronavirus (COVID-19) are now eligible to apply for emergency loans through the Small Business Administration.

“We are monitoring the impacts of coronavirus in real time – both from a public health perspective and an economic health perspective,” Governor Bullock said. “Ensuring that small businesses in Montana have access to capital and resources that will allow them to weather temporary closures and bounce back from critical quarantine efforts is paramount to my administration.”

This week, the governor submitted Montana’s request for business assistance through the SBA’s Economic Injury Disaster Loan program. Access to that program has been approved.

Article Inline Ad Article Inline Ad Article Inline Ad

Businesses are now eligible to apply for up to $2 million in 30-year loans with an interest rate of 3.75 percent. The SBA determines eligibility based on the size of the applicant, type of activity and its financial resources. Loan amounts and terms are set by the SBA and are based on each applicant’s financial condition. These working capital loans may be used to pay fixed debts, payroll, accounts payable, and other bills that could have been paid had the disaster not occurred. The loans are not intended to replace lost sales or profits.

Businesses may now apply directly to the SBA’s Economic Injury Disaster Loan program here: https://www.sba.gov/funding-programs/disaster-assistance

Outlaw Realty Outlaw Realty
Outlaw Realty
ADVERTISEMENT

Listen

Hoary Marmot Podcast

Joe Borden & Michele Veale Borden

Lastest Episode
See More Episodes

Upcoming Events

Jun 18
11:00 am - 5:00 pm Event Series

June Show at the Big Sky Artists’ Studio & Gallery

Jun 18
5:00 pm - 8:00 pm Event Series

Post 99 Honey sales

Jun 18
6:00 pm - 8:00 pm Event Series

Pickup Ultimate Frisbee

Jun 19
11:00 am - 5:00 pm Event Series

June Show at the Big Sky Artists’ Studio & Gallery

Jun 20
9:30 am - 12:00 pm

Community Yoga

View Calendar
Event Calendar

Related Posts

Gallatin County Commission adopts safe roads action plan 
News

Gallatin County Commission adopts safe roads action plan 

June 17, 2025
BSRAD invests in ongoing community projects, microgrants 
Local

BSRAD invests in ongoing community projects, microgrants 

June 16, 2025
Big Sky OUT’s Summer Pride March draws support across Big Sky
Local

Big Sky OUT’s Summer Pride March draws support across Big Sky

June 16, 2025
Big Sky seasonal worker welcome party draws a crowd
Local

Big Sky seasonal worker welcome party draws a crowd

June 13, 2025

An Outlaw Partners Publication

Facebook-f Instagram X-twitter Youtube

Explore Big Sky

  • About/Contact
  • Advertise
  • Publications
  • Subscriptions
  • Podcast
  • Submissions

Outlaw Brands

  • Mountain Outlaw
  • Plan Yellowstone
  • Big Sky PBR
  • Wildlands Music
  • Outlaw Partners
  • Outlaw Realty
  • Hey Bear

Copyright © 2025 Explore Big Sky | Terms of Use | Privacy Policy | Your Privacy Choices

No Result
View All Result
  • News
    • Regional
    • Business
    • Outlaw Partners
  • Yellowstone
  • Arts & Entertainment
  • Sports
  • Opinion
  • Real Estate
  • Events

©2024 Outlaw Partners, LLC. All Rights Reserved.

Explore Big Sky Logo
  • News
    • Local
    • Regional
    • Business
    • Real Estate
    • Outlaw Partners
  • Arts & Entertainment
  • Opinion
  • Sports
  • Yellowstone
  • Events
Subscribe
Facebook X-twitter Instagram Youtube