News

Great Falls Development Authority doles out last of loan funds

January 7, 2009 /

MATR Sponsor (view all)


"For small to medium to national organizations, for events and fundraisers of any size, in any format – live, virtual or hybrid – the platform is built for scale."

America’s economic slump is taking its toll in the heartland, Brett Doney told the Great Falls City Commission on Tuesday night.

Doney, president of the Great Falls Development Authority http://www.gfdevelopment.org/ , said the GFDA recently committed the last of its economic development loan funds.

As a result, "we turned down a loan for an expansion of a downtown business that would have created seven jobs," Doney said.

He said the national credit crunch may mean banks will finance smaller percentages of projects than they once did, making the authority’s loans even more important.

By RICHARD ECKE • Tribune Staff Writer

Full Story: http://www.greatfallstribune.com/article/20090107/NEWS01/901070308/1002

MATR Supporters (view all)


Great Falls trade area. Competitive for food, ag, bioprocessing, energy, and support. Closest U.S. metro area to Calgary. Untame Your Entrepreneurial Spirit!

Montana Bioscience Cluster Initiative - Collaborative program design and execution and integrated programs fostering innovation, technology commercialization, entrepreneurship and sustainable small businesses

Big Sky Commerce is an integrated provider of merchant credit card transaction processing services, check processing services, Internet payment gateways, related software application products and value-added services.
Posted in:

Sorry, we couldn't find any posts. Please try a different search.

Leave a Comment

You must be logged in to post a comment.