The Montana Department of Commerce has over $3 million available in state and federal loan funds to assist wood product and wood processing businesses that have suffered or are suffering economic hardships.
The Department administers two different revolving loan funds, one funded by the State of Montana and one by the US Department of Commerce – Economic Development Administration.
$1,888,000 - State Wood Products Funds Available
$1,446,000 - EDA Wood Products Funds Available
The Wood Products Revolving Loan Fund Programs provide a long-term affordable lending tool to assist businesses in retaining or creating jobs providing a long-term economic benefit to the state of Montana.
For more information about the Wood Products RLF Program and how to apply for a loan, please contact Carolyn Jones, Section Manager: (406) 841-2594 or www.wprlf.gov.