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News you can use
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From U.S. Small Business Administration WASHINGTON — The U.S. Small Business Administration launched April 22 a new round of Economic Injury Disaster Loan, or EIDL assistance — called Supplemental Targeted Advances — that will provide $5 billion in additional assistance to 1 million small businesses and nonprofit organizations that have been most severely affected by the economic effects of the COVID-19 pandemic. The Supplemental Targeted Advance program is the latest SBA relief program to launch as part of the Ameri...
From U.S. Small Business Administration WASHINGTON — The U.S. Small Business Administration reopened the Shuttered Venue Operators Grant application portal Saturday for operators of live venues, live performing arts organizations, museums and movie theatres, as well as live venue promoters, theatrical producers and talent representatives to apply for critical economic relief. “We recognize the urgency and need to get this program up and running,” said Barb Carson, deputy associate administrator of SBA’s Office of Disaste...
From MSU News Service BOZEMAN — Montana State University Extension will soon offer a program to help rural Montana residents gain skills needed to work from home as a remote employee, freelancer or entrepreneur. “This educational program will help people living in rural communities gain the skills needed to access high-paying jobs and larger markets for their business while remaining in their rural communities,” said Cody Stone, MSU Extension executive director. “This program has the potential to strengthen the economi...
Press release The Montana Small Business Development Center network is offering application assistance to small businesses in the live venue industry for federal grants available through the U.S. Small Business Administration. The SBDCs have hired additional staff to assist businesses looking to apply for federal assistance through the Shuttered Venue Operators Grant, which opened April 8. “The Montana Small Business Development Center network is adding to our portfolio of specialized, no-cost business assistance for the l...
Press release As spring warms up Montana, the Streatery will be reopening for its fourth season today, and just like before, customers may find the Streatery parked at Triple Dog Brewing with the hours of operation Monday through Friday from 4 to 8 p.m. and Saturday from 2 to 8 p.m. Since 2018, the Streatery has included the tagline "Farmer Meets Foodie," which has since grown into a brand of its own. Farmer Meets Foodie now encompasses services such as catering, frozen meals...
The Bullhook Bottoms Casino at 415 First St. West is no more. In its place will be the 40 Below Public House. It will be a bar and grille casino like Bullhook Bottoms, but 40 Below will aim to be a more family-oriented sports bar. "During the day, we want to have it so you can bring your kid for lunch or bring your family for lunch or dinner," said new general manager Jordan Dugan, "also watch the game and have a beer, bring the girls out for drinks. You can go either way." Ho...
In a few weeks time, 406 Custom Auto & Sound will open at 600 First St. next to the Siesta Motel. The shop will replace the mechanic's garage and will be used for a variety of car installations. The shop will install car stereos, remote starts and other car accessories, along with providing other services such as auto-glass replacement, rock chip repair and bed liners. The business' owner is Willie Mandril, who decided to start a business after working in the car service...
From U.S. Small Business Administration WASHINGTON — The U.S. Small Business Administration announced extended deferment periods for all disaster loans, including the COVID-19 Economic Injury Disaster Loan program, until 2022. • All SBA disaster loans made in calendar year 2020, including COVID-19 EIDL, will have a first payment due date extended from 12-months to 24-months from the date of the note. • All SBA disaster loans made in calendar year 2021, including COVID-19 EIDL, will have a first payment due date exten...
From BauerFinancial Inc. Stockman Bank of Montana has once again been awarded the highest — 5-Star — rating for financial strength and stability from the nation’s premier bank rating firm, BauerFinancial, Inc. This rating recognizes Stockman Bank for excellence in such areas as capital adequacy, profitability, asset quality and much more. As a leader in local, community banking services, Stockman Bank has consistently earned and maintained this 5-Star rating for 50 consecutive quarters. As a result, Stockman Bank has recei...
Havre Daily News staff Two sets of eight-session online workshops start next week to help business owners or people who want to start a business succeed, with their primary target entrepreneurs in Indian Country. Opportunity Link Community Coordinator Nick Dorr said funding for the the “Start, Grow, Revive Your Business” workshops, being facilited by Havre-based Opportunity Link and the multi-Western state nonprofit Rural Community Assistance Corp., came from U.S. Department of Commerce Minority Business Development Age...
From U.S. Small Business Adminsitration WASHINGTON – Building on a month of strong results, the Biden-Harris Administration and the U.S. Small Business Administration are taking steps with the Paycheck Protection Program to further promote equitable relief for America’s mom-and-pop businesses. The latest round of Paycheck Protection Program funding opened one month ago and already the Biden Administration has succeeded in making major improvements to the program’s implementation: • For businesses with fewer than 10 employe...
From U.S. Small Business Administration WASHINGTON — The U.S. Small Business Administration’s Interagency Task Force on Veterans Small Business Development — IATF — and Advisory Committee on Veterans Business Affairs — ACVBA — will hold virtual public meetings March 3 and 4, respectively, via Microsoft Teams. “Our advisory committees are dedicated to addressing the challenges faced by the military and veteran small business community, especially as businesses work to recover and rebuild in the wake of the pandemic,” sa...
Press release Property West has announced it is excited to welcome Jon Wells to its team. Wells has a diverse background including financial advisement, church ministry, social service, law enforcement detention officer and restaurant management. He is a graduate of Boise Bible College and received his Master of Arts in leadership development at Lincoln Christian University in Illinois. Wells and his wife, Havre native Alisha, have two children. Wells said that, through hard...
From U.S. Small Business Administration WASHINGTON — The U.S. Small Business Administration announced Tuesday that it has approved approximately 60,000 PPP loan applications submitted by nearly 3,000 lenders, for more than $5 billion between the program’s re-opening Monday, Jan. 11, at 9 a.m. Eastern Time through to Sunday, Jan. 17. Last week, the PPP provided dedicated access to community financial institutions that specialize in serving underserved communities, including minority-, women- and veteran-owned small bus...
A new business in Havre is offering some home goods during the holiday season. Foster Home and Hearth, a home décor and clothing store, opened in Havre the second week in November. The store is located in 305 Building on the corner of Third Street and Third Avenue. The owner of the store, Mayke Brenna, said she wanted to give some more shopping opportunities in Havre. "The goal of the store was to have somebody walk in and get a gift for somebody, whether its a housewarming,...
Press release HELENA — Gov. Steve Bullock announced $350,000 in funding to support the growth of 34 Native American-owned small businesses in each of the eight Tribal Nations in Montana through the Indian Equity Fund Small Business Grant program at the Montana Department of Commerce, including some local businesses. “Investing in Native American-owned small businesses means investing in opportunities to create jobs and strengthen local and tribal economies across Montana,” Governor Bullock said. “The Indian Equity Fund Sm...
Press release WASHINGTON — The U.S. Small Business Administration was to join the Department of Defense’s Military Spouse Employment Partnership Wednesay for a virtual ceremony. The SBA is one of 85 new partners joining MSEP, bringing the total number of employers to 500. MSEP connects military spouses with hundreds of partner employers who commit to recruit, hire, promote and retain military spouses. Since its inception in 2011, MSEP employers have hired more than 175,000 military spouses. “SBA proudly joins this partn...
Press release HELENA — U.S. Small Business Administration Montana District Director Brent Donnelly has announced the “Peaks to Plains Business Resiliency Tour,” a seven-day statewide small business tour to highlight the importance of supporting small businesses during the holidays and the impact of local entrepreneurship. Donnelly will visit a business in each of Montana’s 56 counties between Dec. 10 and Dec. 18. “When local small businesses succeed, they create jobs for families, infuse new revenues into hometown economies...
From Montana Department of Commerce HELENA — The Montana Department of Commerce announced Wednesday that applications will be accepted for grant funding through the Montana Main Street Program starting Tuesday, Dec. 8. “Montana’s Main Streets are vital to the strength and resiliency of our local economies,” Montana Department of Commerce Community Development Division Administrator Jennifer Olson said. “These grants will help Montana communities restore healthy community districts and preserve the historic structure...
Press release WASHINGTON — Export-Import Bank of the United States Chairman Kimberly A. Reed Wednesday highlighted EXIM’s work as it relates to supporting veteran-owned businesses. “Our nation’s veterans have contributed and sacrificed so much in defense of our country, and I want these great heroes to know that EXIM has a variety of tools to support their businesses and expand their sales beyond our borders,” Reed said. “As was underscored in EXIM’s historic Congressional reauthorization signed into law by President Tru...
Press release WASHINGTON - Export-Import Bank of the United States President and Chairman Kimberly A. Reed announced the signing of a Memorandum of Understanding with the Department of Defense Office of the Under Secretary for Personnel and Readiness that launches an EXIM-DoD SkillBridge Program partnership. The partnership will give current U.S. military service members new potential pathways to civilian employment. The SkillBridge Program is an opportunity for military...
Press release Matt Wertheimer was recently promoted to chief lending officer at Independence Bank. As chief lending officer, Wertheimer will work closely with the vice presidents of lending leading business development efforts at our six branch locations in Havre, Conrad, Malta, Glasgow, Poplar, Scobey and the LPO/DPO in Great Falls. His focus will be on building business relationships with new and existing customers and lender development. Wetrheimer will continue to serve on...
Press release Kaare Engebretson has recently been promoted to vice president/branch manager for Stockman Bank Havre. His responsibilities include overseeing bank operations and focusing on expanding all lending activities within the market. Engebretson brings several years of accounting and farming experience to the position and has been with Stockman Bank since 2016. His vast knowledge of agriculture continues to be an asset to Stockman Bank and the community. A Gildford...
From U.S. Small Business administration HELENA — The U.S. Small Business Administration awarded the Montana Department of Commerce a $525,814 grant to assist small businesses hoping to export their products and services abroad. Nationwide, the SBA awarded $19 million in funding to 48 state international trade agencies through its competitive State Trade Expansion Program — STEP — to support export growth among American small businesses. “Over two-thirds of the world’s purchasing power resides outside the United States. T...
A new version of a decades-old Havre restaurant has opened with a new name Bow and Marrow had a soft grand opening last weekend with not only a new style, but a new menu, as well. Bow and Marrow, formerly Andy's Supper Club, is located at 658 First St. W. "The thought behind this was we wanted something that people would typically travel for because we are trying to make a place where people don't have to travel and eat," owner Shaina Hofeldt said. "A lot of times we were...
