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PPP Loans in Montana

47,066 loans worth $2.6B went to businesses and nonprofits in Montana in 2020 and 2021, supporting 324,345 reported jobs.

Loans
47,066
Program ran 2020 to 2021
Total approved
$2.6B
Average $55,072
Jobs reported
324,345
Forgiven
$2.6B
99% of approved

Search PPP loans

Look up a business by name, or list every loan in a ZIP code.

PPP loans by county in Montana

By borrower ZIP code, largest first

Swipe the table sideways to see more columns.

#CountyLoansAmountJobs reported
1Yellowstone County5,468$440M51,739
2Gallatin County5,858$385M46,041
3Missoula County4,830$341M44,470
4Flathead County3,371$235M30,541
5Cascade County2,304$154M20,847
6Lewis and Clark County2,260$147M18,398
7Jefferson County1,450$92.4M12,840
8Richland County1,240$66.2M6,633
9Lake County1,379$59.3M8,220
10Ravalli County1,610$56.3M8,495
11Madison County641$36.7M4,983
12Fergus County969$36.3M3,719
13Park County834$36.2M5,248
14Custer County647$28.1M3,455
15Lincoln County552$27.5M3,886
16Hill County649$24.6M3,365
17Valley County613$20.1M2,516
18Dawson County562$19.7M2,204
19Deer Lodge County205$19.6M2,115
20Carbon County588$18.2M2,507
21Pondera County499$17.6M1,734
22Glacier County490$17.1M2,394
23Beaverhead County410$16M2,546
24Roosevelt County599$15.9M1,956
25Stillwater County424$15.8M2,003
26Big Horn County599$15.7M1,911
27Teton County634$15.4M1,682
28Sanders County401$15.2M2,085
29Sheridan County565$13.8M1,667
30Rosebud County268$13.5M1,560
31Fallon County298$13.3M1,164
32Phillips County536$11.9M1,661
33Blaine County440$11.8M1,378
34Powell County351$10M1,394
35Toole County325$9.8M1,267
36Powder River County340$9.3M1,017
37Chouteau County485$9.2M1,146
38Daniels County252$7M678
39Sweet Grass County226$6.8M851
40Granite County176$6.5M884
41McCone County324$6.3M643
42Judith Basin County317$5.6M588
43Musselshell County201$5.5M703
44Wheatland County140$5.5M583
45Silver Bow County23$5M335
46Carter County197$4.5M472
47Mineral County132$4.3M758
48Garfield County210$3.6M400
49Wibaux County170$3.3M375
50Broadwater County156$3.1M486
51Meagher County109$3.1M526
52Liberty County182$2.5M415
53Prairie County105$2.2M292
54Treasure County88$1.8M154
55Golden Valley County55$1.4M156
56Petroleum County49$757K81

Loans by industry

Share of total loan dollars

  • Construction5,835 loans14.6%
  • Accommodation and food services3,891 loans13.7%
  • Health care and social assistance3,435 loans13.3%
  • Professional and technical services4,208 loans8.7%
  • Retail trade3,037 loans8.4%
  • Agriculture, forestry and fishing10,107 loans6.8%
  • Other services4,252 loans5.8%
  • Manufacturing1,645 loans5.3%
  • Wholesale trade923 loans3.7%
  • Transportation and warehousing1,566 loans3.6%

Loans by size

Share of the number of loans

  • Under $20K24,12951.3%
  • $20K to $50K13,51528.7%
  • $50K to $150K6,27813.3%
  • $150K to $350K2,0324.3%
  • $350K to $1M8391.8%
  • $1M to $2M1920.4%
  • $2M or more810.2%

Top lenders

By loan dollars

  1. 1Glacier Bank8,836$493M
  2. 2First Interstate Bank5,541$479M
  3. 3Stockman Bank of Montana7,084$424M
  4. 4First Security Bank of Missoula, A Division of1,248$111M
  5. 5The Yellowstone Bank1,598$111M
  6. 6Opportunity Bank of Montana2,104$88.1M
  7. 7U.S. Bank, National Association1,008$69M
  8. 8TrailWest Bank842$52.3M
  9. 9Independence Bank1,109$42.4M
  10. 10First Montana Bank, Inc.617$40.4M

Largest PPP loans in Montana

Top 25 by approved amount

BorrowerLocationLoanJobsForgivenApproved
Consumer Direct Holdings, INC.Health care and social assistanceMissoula, MT59808$10M500$10.2MForgiven on 06/02/202204/04/2020
Cta INCProfessional and technical servicesBillings, MT59101$7.2M423$6.5MForgiven on 11/18/202104/03/2020
Sole proprietorConstructionHelena, MT59601$6.8M354$6.9MForgiven on 05/28/202104/07/2020
Sidney Health CenterHealth care and social assistanceSidney, MT59270$5.8M383$5.9MForgiven on 06/28/202104/27/2020
Better Business Systems INCAdministrative and support servicesBillings, MT59101$5.7M348$5.8MForgiven on 06/24/202104/14/2020
Mann Mortgage, LLCFinance and insuranceKalispell, MT59901$5.6M372$5.6MForgiven on 06/10/202104/09/2020
Community Hospital of AnacondaHealth care and social assistanceAnaconda, MT59711$5.4M400$5.5MForgiven on 05/27/202104/03/2020
Western Montana Mental Health CenterOther servicesMissoula, MT59801$5.3M476$5.4MForgiven on 06/15/202104/04/2020
Morrison-Maierle INCProfessional and technical servicesHelena, MT59602$5.1M269$5.1MForgiven on 07/23/202104/13/2020
Zoot Enterprises INCFinance and insuranceBozeman, MT59718$5M278$5.1MForgiven on 07/14/202104/03/2020
Livingston HealthcareHealth care and social assistanceLivingston, MT59047$5M339$5MForgiven on 02/18/202104/09/2020
Easterseals-Goodwill Northern Rocky Mountain INC.Health care and social assistanceGreat Falls, MT59401$4.8M500$4.8MForgiven on 03/22/202203/26/2021
A.w.a.r.e., INC.Health care and social assistanceAnaconda, MT59711$4.8M500$4.8MForgiven on 06/11/202104/27/2020
Crowley Fleck PllpPublic administrationBillings, MT59101$4.7M298$4.7MForgiven on 06/15/202104/03/2020
Glendive Medical Center INCHealth care and social assistanceGlendive, MT59330$4.5M250$4.6MForgiven on 06/03/202104/04/2020
Rec Advanced Silicon Materials LLCManufacturingButte, MT59750$4.4M205$4.5MForgiven on 07/20/202104/30/2020
Kampgrounds of America INC.Accommodation and food servicesBillings, MT59101$4.3M10$4.3MForgiven on 06/11/202104/27/2020
Cop Construction LLCConstructionBillings, MT59106$4.2M166$4.3MForgiven on 12/29/202104/08/2020
Max & Erma's Holdings, LLCAccommodation and food servicesWhitefish, MT59937$4.2M500$3.8MForgiven on 01/28/202204/05/2020
Jackson Contractor Group, INCConstructionMissoula, MT59804$4.1M205$4.2MForgiven on 06/22/202104/08/2020
The Tire Guys, INC.Retail tradeBillings, MT59104$4M426$4MForgiven on 05/26/202104/28/2020
St. Luke Community Hospital & Nursing Home INC.Health care and social assistanceRonan, MT59864$3.9M389$4MForgiven on 05/25/202104/06/2020
Oftedal Construction, INC.ConstructionMiles City, MT59301$3.9M383$3.9MForgiven on 06/09/202104/29/2020
Central Montana Medical Facilities, INC.Health care and social assistanceLewistown, MT59457$3.8M261$3.8MForgiven on 06/11/202104/04/2020
Re Investment Company LLCReal estate and rentalKalispell, MT59901$3.7M267$3.1MForgiven on 06/04/202104/07/2020

Names of sole proprietors, self-employed individuals and independent contractors are not shown. Street addresses are not shown for any borrower.

Frequently asked questions

How many PPP loans were made in Montana?
Lenders approved 47,066 PPP loans worth $2,592,005,739 for borrowers in Montana, an average of $55,072 per loan.
What was the largest PPP loan in Montana?
The largest was $10,000,000 to Consumer Direct Holdings, INC. in MISSOULA, which reported 500 jobs.
Which county in Montana got the most PPP money?
Yellowstone County received the most, $440M across 5,468 loans.