BOI Board Room

The MBOI Montana Loan Deferment Program has been recently established as part of The CARES Act (Coronavirus Aid, Relief, and Economic Security Act), a law intended to defray some of the negative economic impacts due to the COVID-19 pandemic in the United States.  The Loan Deferment Program was set up to assist eligible Montana businesses who have suffered more than a 15% reduction of gross revenues due to COVID-19.  For more information and eligibility guidelines please click the link MBOI Loan Deferment Program Continuing Guidance.


The Montana Working Capital Program is designed to aid Montana businesses impacted by the COVID-19 pandemic. Businesses are eligible for grant funds to support working capital loans from eligible lenders. For more information please click the link Montana Working Capital Program Continuing Guidance.

Montana Loan Deferment Programs
      November 18, 2020
   Deferred Payment Program      Hospitality and Capital Assistance Program     Totals  
Total Number of Applications Received  1,434   75   1,509
Total Number of Approved Applications 1,288   75   1,363
Applications Under Review -     -     -  
Sum of Funds Requested   $    34,076,335.49    $     16,666,340.85    $   50,742,676.34
Total Funds Awarded to Applicants  $    30,073,876.11    $     16,666,340.82    $   46,740,216.93
Total Financial Benefit to the Borrower   $  103,842,935.66    $     37,085,116.46    $ 140,928,052.12


 Montana Working Capital Program
    November 18, 2020 
 Number of applications received  215
 Approved Applications              207            
 Requested Funds   $         24,128,205.57
 Total Funds Awarded to Applicants   $         23,220,838.28  
 Total Financial Benefit to the Borrower   $         58,490,550.75


Montana Board of Investments Annual Report
The Fiscal Year 2019 Annual Report was posted to this website for public access on December 30, 2019.  It is also available in print by request.


Karl J. Englund, Board Chair


The Board's Three Missions and its Short Term Investment Pool (STIP)

Unified Investments Program

By law, the Board administers the Unified Investments Program required by the Montana Constitution. With very few exceptions, all money is invested by the Board.

In-State Loan Programs

As a component of the State's overall economic development efforts, the Board administers various loan and infrastructure programs for new and expanding businesses.

Municipal Finance Programs

The INTERCAP program provides low-interest loans for a wide variety of needs to Montana local governments.

Short-Term Investment Programs

The Board's Short Term Investment Pool is a highly liquid investment fund available to state and local governments to serve their short term cash flow and deposit needs.

Feedback, suggestions, or questions are welcome and can be directed to:

Dan Villa
Executive Director

2401 COLONIAL DR, 3RD FLOOR | PO BOX 200126 | HELENA, MT 59620-0126 | P: 406.444.0001 | F: 406.449.6579 | TDD: 406.841.2702


Dan Villa
Executive Director

     Lindsay Ford
     Executive Assistant | Board Secretary

     Sue Tinsley
     Office Manager



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