Governor Bullock is directing $125 million to the program with $25 million specifically dedicated to hotels and restaurants and the remaining $100 million dedicated to other eligible borrowers.
Coronavirus Relief Funds (CRF) will be used to pay interest on a commercial loan to your lender, who will defer payments for 6-12 months, allowing businesses to get back to profitability.
The Montana Loan Deferment Program is facilitated by qualified lending institutions in partnership with the State of Montana.
Speakers: Dan Villa, Executive Director of the Montana Board of Investments and Bill Bickle, Chief Credit Officer for Stockman Bank
When: July 17, 2020 | 10:00 am (MST)
Duration: 1 hour
Webinar will cover:
Goal and purpose of the program
Eligibility criteria
Application process between the lender and borrower
Review and approval procedures
What to expect from the lender once approved by the State
Click the “REGISTER NOW” button to join us on Friday, July 17 at 10:00 am (MST) as we cover all the details.
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