MONTANA BOARD OF INVESTMENTS RESERVATION FEE FORM

Utilizing The Electronic Forms: Electronic forms are Microsoft Word documents with field codes where data is entered. If the field codes are visible on screen strike Alt F9 - codes should not be visible. If field codes print, select "Tool","Options","Print" and uncheck "Field Codes" The F11 key will locate the first data entry field in the electronic form. The F11 key will locate the next data entry field in the electronic form. Shift F11 will locate the preceding data entry field in the electronic form.

The following provisions apply to the In-State Investment Program:

The Board does not lend directly to businesses.

Loan applications and Fee Forms must be submitted by approved lenders.

The term "Applicant" means a lender approved by the Board.

The term "Borrower" means the borrower applying for a loan from the lender.

Appropriate representatives of the lender and the borrower must sign the application.

"Small Business Loan Incentives" are available for Coal Tax Trust loans only.

"Job Credit Interest Rate Reductions" are available for Coal Tax Trust loans only.

"Link Deposit Loans" are available for Coal Tax Trust loans only.

Pension Funds loans may require higher credit standards than Coal Tax Trust loans.

The submission of a Fee with the Fee Form locks an interest rate and reserves funding.

The submission of a Forward Commitment Reservation requires payment of a fee.

If fees are not paid via a Fee Form, the fee must be paid at time of loan application.

Fees are refundable as per policy if the loan is funded or the application is rejected.

For additional forms and assistance call:

(406) 444-0001

Revised 08/19/2019	(Electronic Form)	(Shaded Area For Board Use Only)
MONTANA BOARD OF INVESTMENTS IN-STATE INVESTMENTS LOAN PROGRAM FEE FORM Email to boi_comm@mt.gov	Reservation Date	Accounting #
Reservation Expiration Date
Refund Date	Accounting #
Refund For	Funding	Rejection
Refund Authorized By
Fee Type (Check 1)
Reservation - Lock Interest Rate For 365 Days (1)	Increase Reservation Amount
Extend Lock For 365 Days (2)	Buy-Down Interest Rate (1)
Reduce Reservation Amount	Loan Assumption
Fee & Loan Information
Amount of Fee	Board Posted Interest Rate
Board Loan Amount	Buy-Down Loan Amount Remaining
Total Loan Amount	Buy-Down Loan Term Remaining	Months
Board Loan Term	Years	BOI Loan Number (If Assigned)
Type of Loan (Check 1)
1. Federally Guaranteed (circle type of federal guarantee) – SBA (all), RBS-B&I, FSA, BIA, EDA,FAA
2. Economic Development Linked Deposit
3. Business Participation Loan	4. With SBA 504 Second
4. Business Participation Loan With SBA 504 Second
5. Commercial Mortgage Participation Loan (i.e. office buildings, shopping malls, etc.)
6. Multi-Family Participation Loan
Approved Lender & Business/Borrower Information (Print or type clearly)
Approved Lender Name
Lender Representative	Email
Lender Representative Title
Lender Mailing Address
Lender City and Zip Code
Lender Phone Number (406)	Fax Number
Business Name
Borrower Name
Borrower Tax ID # (required)
ACH Authorization Signature (3)	Date Prepared
Reservation Fee Amount (4)	1-365 calendar days	1/4% of the Board amount reserved
Buy-Down Fee Amount	60 months or less	1% of outstanding Board loan balance
Buy-Down Fee Amount	61 to 120 months	1 ½% of outstanding Board loan balance
Buy-Down Fee Amount	121 months or more	2% of outstanding Board loan balance

(1)Rate will lock as of Postmark date or FAX date

(2)Must be approved by Board prior to expiration

(3)Authorizes the Board to initiate ACH transfer of the fee

(4)This fee reserves funding and permits applicant to lock interest rate at any time during the 365- day period