Agency / Department: State of Montana
Resource: Montana Loan Deferment Program
Details: The Montana Loan Deferment Program will allow businesses and other entities to defer payments on existing loans for six to 12 months and free up a significant amount of otherwise dedicated capital for the borrower to leverage on a monthly basis. To qualify, companies must have experienced a 25 percent reduction in gross revenue due to COVID-19 and not have access to 12 months of working capital from any other source. Visit the COVIDRELIEF.MT.GOV for the full list of eligibility criteria.