| Number of new establishments opened in Great Falls MSA in 2020 (YourEconomy.org): 401 Percentage of these that were moved here: 1.7% Farmed acres of canola estimated needed to feed Calumet Montana Renewables renewable diesel production: 1.3 million Manufacturing employment growth in Great Falls MSA 2010-2019: 39% National manufacturing employment growth during same period: 12% Food and beverage sales average annual compounded growth rate in Great Falls MSA 2010-2019 (inflation adjusted): 2.6% Same growth rate during previous decade: 0.8% Total local retail sales average annual compounded growth rate 2010-2019 (inflation adjusted): 1.6% Same growth rate for previous decade: 0.4% Great Falls hotel room count growth 2008-2021 (not including Air B&B’s): 92% Increase in occupied hotel room nights during same period: 60% Per capita personal income growth in Cascade County in 2020: 6.1% Gallatin County growth: 5.4% Flathead County: 5.2% Missoula County: 5.1% Silver Bow: 5.0% Yellowstone county: 4.4% Consecutive years Malmstrom AFB has won Blanchard Trophy for Best ICBM Missile Wing: 4 Site selection consultants networked with during quarter: 20 Cost of living in Great Falls compared to national average: 89.5% Great Falls housing prices compared to national average: 76.1% Number of training events our Small Business Development Center provided in 2021: 43 Number of entrepreneurs and business training participants: 682 Number of local entrepreneurs and businesses advised by GFDA during quarter: 152 Of these, number of new advising clients: 45 Number of business training sessions offered during quarter: 8 Number of training participants: 104 Number of businesses bought or started by advised clients during quarter: 2 New capital secured by entrepreneur clients during quarter: $1,158,200 Jobs supported by our Small Business Development Center during quarter: 413 Businesses active with our Procurement Technical Assistance Center (PTAC) during quarter: 118 Amount of government contracts won by clients during quarter: $683,073 Amount of local GFDA gap and bridge loans closed during quarter: $1,424,162 Additional private investment to be leveraged: $5,047,162 Total GFDA gap and bridge loans closed in 2021 record year: $10,927,961 Investment in region to leveraged by these loans: over $45,000,000 Previous record year loans closed total: $4,616,686 New loan capital secured during quarter: $1,266,530 Total GFDA loan capital at start of 2016: $11,200,000 Total at start of 2022: $19,000,000 SBA 504 loans approved by SBA during quarter: $1,217,000 Additional private investment to be leveraged: $2,800,000 Current SBA 504 fixed 20-year effective loan interest rate with 10% down: 3.023% Current 10-year equipment effective fixed rate: 2.793% Free Brownfield assessments completed during quarter: 2 Free Brownfield assessments in progress: 4 Brownfield cleanups underway: 3 New leads generated into our pipeline during quarter: 18 New active projects generated into our pipeline: 30 Total active projects this quarter: 52 New companies added to our pipeline CRM: 37 Companies actively engaged this quarter: 187 GFDA time working with existing businesses in region during quarter: 70% GFDA time working with startup businesses in region during quarter: 19% GFDA time working to attract businesses to region during quarter: 11% Montana Value Added Ag ARPA fund applications submitted: 290 Montana Value Added Ag ARPA application finalists: 56 Number of finalists in Golden Triangle: 14 Video to promote Great Falls Montana: https://youtu.be/gy2hThIYEc4 Subscribe to our YouTube channel by: clicking here Montana ranking for Best Business Tax Climate: 5th Percentage of Montana GDP generated by outdoor recreation in 2020: 4.3% For info contact Jolene Schalper at [email protected] or 1-406-750-4481 PDF of GFDA Quarter Index 2021Q4 | 
