Current SBA 504 Interest Rates
20-Year 10-Year
4.63% 4.82%

SBA 504 LOAN PROGRAMFinancing Montana Business OpportunitiesServing All of Montana

our goalOur goal is to foster economic development and assist businesses in creating and retaining jobs.

Big Sky Economic Development Corporation [Big Sky EDC] is accredited by the US Small Business Administration (SBA) as a Certified Development Company (CDC) for the State of Montana.

The SBA 504 Development Company loan program is a long-term financing tool used by eligible small businesses. The program provides long-term, fixed rate financing for major fixed assets, such as land and buildings.

The typical structure for an SBA 504 loan is 50% of the project costs financed through a private lender having a senior position on the collateral, 40% of the project costs financed with SBA through a Certified Development Company (Big Sky EDC ) having a junior lien position on the collateral and at least a 10% owner equity contribution. The maximum SBA portion of the loan is $5.0 million. Eligible manufacturers may receive up to $5.5 million.

Director of Business Finance Brandon Berger

Loan Officer Mac Ketterling

Loan Specialist Ben Rose