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Tourism Development and Enhancement Revolving Loan Fund Program

GREAT NORTHERN DEVELOPMENT CORPORATION

Funding Amount

$1,383,928.58 available through GNDC

Deadline

Rolling / Open

Grant Type

foundation

Overview

Tourism Development and Enhancement Revolving Loan Fund Program

Organization: Montana Department of Commerce (administered by GNDC)

Overview:
GNDC has been awarded $1,383,928.58 from the Montana Department of Commerce's Tourism Development and Enhancement Revolving Loan Fund Program to support tourism-related businesses across Northeastern Montana.

Focus Areas:

  • Tourism-related businesses

  • Permanent tourism infrastructure

  • Projects that enhance or expand tourism visitation

  • Business startups in tourism sector

  • Business expansion in tourism sector
  • Geographic Scope:

  • Northeastern Montana (GNDC's service region)

  • Counties: Valley, Daniels, Sheridan, Roosevelt, Garfield, and McCone
  • Award Details:

  • Total funding available: $1,383,928.58

  • Loan structure: Competitive rates

  • Focus: Permanent tourism infrastructure and projects that enhance or expand tourism visitation
  • Program Features:

  • Competitive loan rates

  • Collaborative approach with local banks

  • Financing for business startup, expansion, or improvement of tourism assets
  • Eligibility:

  • Tourism-related businesses and organizations

  • Businesses seeking to start a new venture

  • Existing operations looking to expand

  • Projects to improve tourism assets
  • Contact Information:

  • Phone: (406) 653-2590

  • Email: info@gndc.org

  • Website: gndc.org

  • Address: 233 Cascade Street, Wolf Point, MT 59201
  • Note: This is a revolving loan fund, not a grant program. Loans must be repaid.

    How to Apply

    Application Process

    Detailed application procedures not specified in provided content. Contact GNDC directly for loan application requirements.

    How to Apply

    1. Contact GNDC for application materials and requirements 2. Work with GNDC loan officers to develop financing proposal 3. Coordinate with local bank partners as needed

      Contact for Details

    • Phone: (406) 653-2590
    • Email: info@gndc.org
    • Website: gndc.org
    • Address: 233 Cascade Street, Wolf Point, MT 59201

    Focus Areas & Funding Uses

    Fields of Work

    travel-tourismstartupssmall-businesses

    Categories

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