At a glance
From its website, read 2 Nov 2026Great Falls Development Authority, Inc. is a loan fund based in Great Falls, Montana. Its website describes SBA-backed loans and small-business loans. Where it lends: Northcentral Montana.
Each point is backed by a quote further down this page. Terms change: confirm with the lender.
How to reach them and apply
| Lending | (406) 590-1056 source |
|---|---|
| Lending | (406) 590-9037 source |
| Website | www.GrowGreatFallsMontana.org |
| Office (official list) | P.O. Box 949, Great Falls, MT 59403 |
What their website says about applying
Are you interested in land or property that may benefit from this program? Contact Lisa!
sourceLooking for Financing? Contact our Lending team!
source
Phone numbers and addresses are the ones on the lender's own site and the CDFI Fund list. CDFI Atlas does not take applications.
Official record
CDFI Fund list, 21 Oct 2026| Institution type | Loan fund |
|---|---|
| Native CDFI | No |
| Date certified (as listed) | 13 Jul 2025 |
| RSSD ID | — (none listed) |
| Address | P.O. Box 949, Great Falls, MT 59403 |
| Website | www.GrowGreatFallsMontana.org |
Head officeBranch or officeApproximate (ZIP code area)
Map data © OpenStreetMap contributors, © OpenMapTiles, tiles OpenFreeMap. Head-office points: U.S. Census Bureau geocoder.
Loans and eligibility
Verified from lender site on 2 Nov 2026Read from 7 pages of the lender's website on 2 Nov 2026. Quotes are verbatim. Extracted with AI help from the pages listed below and checked automatically against them. Not reviewed by a person. Confidence: medium. The SBA 504 loan is described as provided by affiliate High Plains Financial and staffed by GFDA, and no loan amounts are stated. Terms change — confirm with the lender before applying.
| Product | Amount stated | Text on the lender's site (verbatim, incl. menu labels) | Page |
|---|---|---|---|
| SBA-backed loans (7(a)/504/Community Advantage) | — | SBA 504 loans to lower your equity requirement (down payment) and lock in low interest rates for the life of the loan | source |
| Small-business loans | — | We provide loans for all business sizes: | source |
Loan sizes
No amounts stated on the pages we read.
Service area
Northcentral Montana
We are dedicated to creating economic opportunity and improving the quality of life in Northcentral Montana.
source
Borrower focus
- Not stated on the pages we read.
Languages
- No non-English service found on the pages we read.
Online application
No online application link found on the pages we read.
Pages read (7)
- https://growgreatfallsmontana.org/
- https://growgreatfallsmontana.org/start-grow-a-business/brownfields-program/
- https://growgreatfallsmontana.org/start-grow-a-business/business-development-services/
- https://growgreatfallsmontana.org/start-grow-a-business/business-development-services/incentives/
- https://growgreatfallsmontana.org/lender-center/
- https://growgreatfallsmontana.org/about/equal-opportunity/
- https://growgreatfallsmontana.org/governance/financials/
Questions to ask when you contact them
Based on what their website said when we read it on 2 Nov 2026, and what it left out. Something missing here does not mean they don't offer it: ask.
- What are the smallest and the largest loans you make?
No loan amounts are stated on their website. - What interest rate and fees should I expect on your SBA-backed loans and small-business loans?
Their website does not state a rate for this. - Do you need collateral, a business plan or a minimum time in business?
Their website does not say what they require. - How long can I take to repay?
No repayment terms are stated on their website. - Can I apply online, or do I need to call or visit?
We found no online application on their website. - Do you offer free coaching or help preparing my application?
CDFI certification requires development services, such as training or advice, alongside lending. - What documents will you need from me, and how long does a decision usually take?
Their website describes some application steps (above); ask for the full document list.
Write down the answers, who you spoke to and the date, and ask for the terms in writing before you sign.
CDFI Fund awards
CDFI Fund database, 3 Nov 2026$10.4 million in 14 awards from the U.S. Treasury's CDFI Fund, 2006–2024 (4 programs).
| Round year | Program | Amount |
|---|---|---|
| 2024 | CDFI Program, Financial Assistance | $625,000 |
| 2022 | CDFI Equitable Recovery Program | $1,948,532 |
| 2022 | CDFI Program, Financial Assistance | $740,000 |
| 2021 | CDFI Program, Financial Assistance | $766,530 |
| 2021 | CDFI Rapid Response Program | $1,280,000 |
| 2020 | CDFI Program, Financial Assistance | $657,000 |
| 2019 | CDFI Program, Financial Assistance | $650,000 |
| 2018 | CDFI Program, Financial Assistance | $700,000 |
| 2017 | CDFI Program, Financial Assistance | $686,500 |
| 2015 | CDFI Program, Financial Assistance | $1,120,787 |
| 2012 | CDFI Program, Financial Assistance | $1,016,101 |
| 2009 | CDFI Program, Technical Assistance | $33,010 |
| 2008 | CDFI Program, Technical Assistance | $96,950 |
| 2006 | CDFI Program, Technical Assistance | $80,000 |
These are awards and investments made to the institution itself to build its capital and capacity. They are not loans to borrowers, and an award does not mean the lender has money available for a particular loan today.
Source: CDFI Fund Searchable Awards Database, all 12,628 award records (1996–2025), read 3 Nov 2026. Years are the award round as the database lists it. Matched to the official CDFI list by exact name and state; see the method on the About page.
Size of the fund (IRS Form 990)
Fiscal year ending Jun 2024| Total assets | $32.8M |
|---|---|
| Total liabilities | $10.2M |
| Net assets | $22.6M |
| Total revenue | $9.9M |
| Notes and loans receivable, net (Part X line 7) | $24M |
End-of-year figures from the Form 990 this organisation filed with the IRS for the fiscal year ending June 2024 (tax year 2023; EIN 81-0465605, filed as “GREAT FLS DEVELOPMENT AUTHORITY INC”), taken from the IRS Annual Extract of Tax-Exempt Organization Financial Data (returns processed in 2024). Figures are self-reported to the IRS, not audited by us, and lag one to two years behind today. The lender’s own annual report may show newer numbers. This organisation’s filings on ProPublica Nonprofit Explorer
Filings over time
| Fiscal year ending | Total assets | Net assets | Revenue | Notes and loans receivable |
|---|---|---|---|---|
| Jun 2021 (990) | $16.4M | $13.7M | $6.6M | $11.5M |
| Jun 2022 (990) | $19.4M | $15.2M | $5M | $14.3M |
| Jun 2023 (990) | $24.4M | $16.9M | $5.7M | $15.2M |
| Jun 2024 (990) | $32.8M | $22.6M | $9.9M | $24M |
Total assets grew 99% from Jun 2021 to Jun 2024; notes and loans receivable rose 110%. One row per fiscal year in the IRS extracts of returns processed in 2022, 2023, 2024; “—” = the line was empty or zero on that return (a fund can book its loans on other lines).
How it compares
Computed from public data| Measure | This lender | Compared with |
|---|---|---|
| Total assets, latest IRS Form 990 | $32.8M | Larger than 69% of the 449 other certified loan funds and venture funds nationwide with a matched Form 990 (median $15.6M). |
How these comparisons were worked out
| Measure | Peer group (this lender left out) | Peers | Where this lender sits |
|---|---|---|---|
| Form 990 total assets | certified loan and venture funds with a Form 990, nationwide | 449 | larger than 69% |
“Larger than X%” = the share of the peer group with a smaller value. Ranks count from the largest. Peer groups use the lender's home state when it has at least 5 peers, otherwise the whole country. Full definitions: methodology.
For comparison, not an offer and not a rating. Past records show what this lender did, not what you would be offered. Peer groups and sources: methodology. Form 990 figures: IRS annual extracts (see the Form 990 section).
Other certified CDFIs in Great Falls and Montana
- Montana Homeownership Network, Inc. TheLoan fund · Great Falls, MT · Native CDFIAffordable housing development loans, Home mortgagesVerified
- Clearwater Federal Credit UnionCredit union · Missoula, MTEnergy / solar / efficiency loans, Home mortgages, Personal / consumer loansVerified
- Grasslands Federal Credit UnionCredit union · Circle, MTAuto / vehicle loans, Equipment loans, Home mortgages, Small-business loansVerified
- Montana Community Development CorporationLoan fund · Missoula, MTSmall-business loansVerified
- NACDC Financial Services Inc.Loan fund · Browning, MT · Native CDFICredit-builder loans, Small-business loansVerified
- Peoples Partners for Community DevelopmentLoan fund · Lame Deer, MT · Native CDFIAgriculture / farm loans, Credit-builder loans, Personal / consumer loans, Small-business loansVerified
Work at Great Falls Development Authority, Inc.? Link to this page
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