Today, the Small Business Administration announced that it has approved 10,372 loans in Montana under the Paycheck Protection Program, providing $1,293,105,048 in relief to Montana small businesses.

MTGOP issued the following statement from Chairman Don “K” Kaltschmidt regarding the update.

“President Trump’s Paycheck Protection Program is an invaluable lifeline for Montana’s small businesses and workers who have been struggling due to Coronavirus-related restrictions,” said Chairman Don “K”. “Because of these loans, thousands of Montana businesses have been able to remain open and keep their employees on payroll during these difficult times.” 

“The Paycheck Protection Program could not be mentioned without thanking Montana’s Republican Congressional leaders – Senator Daines and Congressman Gianforte – who acted swiftly to advance this critical program, despite delays by their Democratic counterparts, and continue to advocate in Congress for the program’s immediate expansion.” 

If you own a small business needing Coronavirus relief, visit sba.gov/coronavirus to learn more about the Paycheck Protection Program.