Areas Served: Phillips County
REVOLVING LOAN FUND Requirements The District’s loan fund will only provide financing for Phillips County, Montana businesses that is otherwise not available.
Priority for loan assistance will be given to projects that create basic employment, existing businesses that are expanding, and businesses that show a clear need for gap financing.
Businesses receiving more than fifty percent of their gross sales from gaming, or using multi-level marketing strategies are not eligible for assistance.
MICROBUSINESS LOAN FUND Loans to small businesses can be made in the amount up to $35,000 and are available from Bear Paw Development.
Philco serves as a local contact.
Requirements A microbusiness is any business with fewer than ten full-time employees and earns less than $500,000 in gross annual revenue.
The maximum loan amount is $35,000, and the loan term, which is based on the u.
Contact InformationPhillips County
Address: 10 1/2 South 4th East
City: Malta
State: Montana
Website:
http://www.maltachamber.com/phillco/finance.htm
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