Business & Employee Recovery Assistance Resources Remain Available to Montana Employers

May 14, 2020|Press Release

Contact Your Local Banker to Access What Your Business Needs

From More Than $1.2 Billion Remaining Available

Via Payroll Protection Program and the Small Business Administration

Montana – Montana employers are still able to leverage the Federal Payroll Protection Program in order to help their businesses and non-profits recover from the Covid-19 pandemic response.

“Montanans are doing everything they can to renew our communities, our economy, and local businesses,” said Todd O’Hair, President and CEO of the Montana Chamber of Commerce.  “We are working to be sure our communities are safe and doing that which is appropriate to revitalize our businesses.  It is important that every tool we have is put to work, including the remaining $1.2 billion in Payroll Protection Program resources.”

“Montana bankers and their customers stepped up to the challenge of the Covid-19 pandemic, with more than 21,000 Paycheck Protection Program loans made so far and a total of $1.76 billion in support of Montana businesses, employees and our economy,” said Cary Hegreberg, President and CEO of the Montana Bankers Association.  “Along with the talented and dedicated people of the Small Business Administration, Montana bankers remain engaged and are continuing their work with business owners who are leveraging the PPP program and other resources in standing up their businesses in the wake of this crisis.  It’s important to work closely with your banker as you push toward profitability.”

Learn more here: www.sba.gov/funding-programs/loans/coronavirus-relief-options/paycheck-protection-program

About the Montana Chamber of Commerce:

The Montana Chamber of Commerce works every day to create and sustain an optimal business climate, business prosperity and a strong Montana economy through advocacy, education and collaboration. The Montana Chamber works to provide an empowered and educated workforce, reduce obstacles to business growth, and advance positions that promote success for Montana businesses.

Learn more at www.montanachamber.com

About the Montana Bankers Association:

The mission of the Montana Bankers Association is to enhance the role of community banks as preeminent providers of financial services.  This mission is accomplished through efforts such as state and federal legislative and regulatory activities, legal action, communications, research, and education.

Learn more at www.montanabankers.com

 

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