What is the 2021 City of Helena Loan/Grant Program?
To assist Helena entrepreneurs in growing and improving businesses, MBAC has secured funding from the City of Helena to assist small businesses in completing projects with an 80% loan and 20% grant. The range of the loans provided will be $20,000 to $60,000; or projects totaling $25,000 to $75,000. The intent is to help Helena businesses that have been impacted by the global COVID‐19 pandemic (either positively or negatively) that are unable to secure financing from conventional lending sources such as banks to help grow those businesses and create sustainable jobs within the Helena community.
Please read through this entire application to learn more about the sort of businesses eligible to access the 2021 City of Helena Loan/Grant program and the type of things you can or can’t do with the MBAC funds. Please ask if you have any questions.