GetFundedUSA › Grants › General › Montana SSBCI 2.0 Loan Participation Program
Montana SSBCI 2.0 Loan Participation Program
General · Montana Department of Commerce (federal U.S. Treasury funds) · MT
The Montana SSBCI 2.0 Loan Participation Program is a state-run credit program, not a cash grant, that helps Montana businesses with fewer than 750 employees get loans by having the state share the risk with private lenders, participating up to $1 million per loan.
The Montana SSBCI 2.0 Loan Participation Program is a state-run credit program administered by the Montana Department of Commerce, funded through the federal U.S. Treasury's State Small Business Credit Initiative. Despite the name, this is not a cash grant — it's a loan participation tool designed to help Montana businesses access financing they might not otherwise qualify for.
Under this program, the state buys participation interests in loans made by CDFIs (Community Development Financial Institutions) and revolving loan funds. By taking on a share of the loan, the state reduces the risk for the private lender, making it more likely that a bank or CDFI will approve financing for a business that might otherwise be seen as too risky. The state can participate up to $1 million per loan.
This program can support various financing needs, including real estate purchases, equipment acquisition, and working capital. It's aimed at existing or new Montana businesses with fewer than 750 employees that need capital to stabilize, expand, or start operations.
For a small-business owner, this program matters because it can be the difference between a loan application being approved or denied by a private lender. Rather than applying directly to the state for funds, businesses typically work through a participating lender who then works with the state to structure the participation.
Because program details, funding rounds, and specific terms can change, business owners should confirm current availability, terms, and the list of participating lenders directly at the official Montana Department of Commerce website before proceeding.
Who qualifies
How to apply
Questions people ask
Is this a grant or a loan?
It is not a grant — it's a loan participation program where the state buys a share of loans made by private lenders to reduce their risk.
Do I have to repay this funding?
Yes, since it works through a loan, the underlying loan amount must be repaid to the lender under the loan's terms.
Who is eligible?
Existing or new Montana businesses with fewer than 750 employees that need capital to stabilize, expand, or start operations.
How much funding is available?
The state can participate up to $1 million per loan, but exact loan terms depend on the participating lender.
What is the deadline to apply?
The listing says to check current rounds — confirm at the official source for up-to-date deadlines.
Where do I apply?
Applications go through participating lenders (CDFIs and revolving loan funds), not directly to the state; see the official site for details.
Is the funding taxable?
Confirm at the source — this is not addressed in the available information.
Who runs this program?
The Montana Department of Commerce administers it, using federal U.S. Treasury funds from the SSBCI 2.0 program.
What can the funds be used for?
The program supports real estate, equipment, and working-capital loans.
Is this only for Montana businesses?
Yes, eligibility is limited to Montana (MT) businesses.
Do I apply directly to the state?
No, you typically work with a participating lender who partners with the state for the loan participation.
Is there a minimum or maximum employee count to qualify?
Businesses must have fewer than 750 employees to be eligible.
Opportunity number: not published. Source: curated + verified (official state source, 2026). GetFundedUSA is independent and not affiliated with Montana Department of Commerce (federal U.S. Treasury funds); always confirm current deadlines, amounts and eligibility on the sponsor's own page before applying.