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State WPIRS Application Guidelines
State WPIRS funding may be loaned to individuals, including private contractors related to the wood products industry; or businesses defined as small businesses pursuant to the regulations promulgated by the United States small business administration pursuant to 13 CFR 121, et seq. Loans must be made to individuals or small businesses that are part of the critical, primary wood processing infrastructure and have suffered economic hardships.
State WPIRS loans may be used for: working capital, purchase or lease of land or equipment, updating infrastructure, debt service, etc. Businesses must provide at least one non-WPIRS dollar for each dollar of State WPIRS funds requested (a 1:1 leveraged ratio). State WPIRS recipients must comply with a variety of Montana Reinvestment Act (HB 645) requirements.
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Download complete manual in Word and Excel (condensed using winzip)
State WPIRS Application Guidelines (Word and Excel)
Download complete manual in Adobe Acrobat (condensed using winzip)
State WPIRS Application Guidelines (Adobe Acrobat)
State WPIRS Application Guidelines Individual Documents
State WPIRS Application Guidelines
Appendix A - State WPIRS 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