(HAVRE) – Bear Paw Development Corporation recently announced the creation of a new Business Revitalization Fund focused on assisting small businesses in their five-county region with the purpose of increasing business profitability and addressing community needs, including a strong emphasis on improving the physical condition of buildings to support downtown revitalization, the curb appeal of business districts and enhanced tourism.
These are zero-interest loans with a one-time $250 application fee. Loans from the Business Revitalization Loan Fund will be between $1,000 and $15,000, require a dollar-for-dollar match and will not exceed five years in length. In addition to private businesses, the loan fund will also be available to nonprofit organizations. A total of $350,000 is being made available for the fund and the application will be a simple two-page document, in addition to necessary financial information from the applicant.
To obtain more information about the Business Revitalization Fund, or to receive application material, please call Bear Paw Development at 406-265-9226
