Wood Products Revolving Loan Fund Banner

EDA Wood Products Revolving Loan Fund (WP RLF)

The Economic Development Administration (EDA) WP RLF funding may be loaned to individuals, including private contractors related to the wood products industry, and wood product businesses.  Loans must be made to individuals or small businesses that are part of the crtical, primary wood processing infrastructure and have suffered economic hardships.

EDA WP RLF loans may be used for the following:

  • Working capital
  • Equipment loans
  • Other activities that do not include contracted labor and construction

The maximum funding amount is $20,000 per created or retained job, and may not exceed $2 million. Loan recipients may not apply for another WP RLF loan until two years after the date their previous loan was approved.

Requirements

Businesses must provide at least two non-WP RLF dollars for each dollar of EDA WP RLF funds requested (a 2:1 leveraged ratio).

Application Guidelines

These documents are available to be viewed/printed from either Word/Excel or the free Adobe Acrobat Reader. If you do not have this reader, click on the link to download a free version - Adobe Acrobat Reader. If you receive errors when opening pdf files make sure you have the latest Acrobat Reader version.

To download the complete manual you must have WinZip or similar file compression software. If you do not have this software, click on the link to download a free version - WinZip.

Download complete manual in Word and Excel (condensed using WinZip)

EDA WP RLF Application Guidelines (Word and Excel)
 

Download complete manual in PDF (condensed using WinZip)

EDA WP RLF Application Guidelines (PDF)
 

EDA WP RLF Application Guidelines Individual Documents

EDA WP RLF Application Guidelines
Appendix A - EDA WP RLF Application Form
Appendix B - Sources and Uses Form
Appendix B-a - Balance Sheet Example
Appendix C - Hiring and Retention Plan
Appendix C-a - Hiring and Retention Report
Appendix D - Confidentiality Agreement and Affidavit
Appendix E - Sample Business Plan
Appendix F - Credit Check Release


MONTANA OFFICE OF TOURISM AND BUSINESS DEVELOPMENT | MONTANA DEPARTMENT OF COMMERCE
301 S. PARK AVE. | P.O. BOX 200533 | HELENA, MT 59620-0533 |  T: (406) 841-2870 |  F: (406) 841-2871 | TDD: (406) 841-2702