Montana Total Paycheck Protection Program (PPP) Loan Amounts By Business County (2020)

Updated on April 22, 2025.

According to data from the Small Businesss Administration (SBA), the SBA, as part of the paycheck protection program (PPP), has provided a total of 47,066 (47.07K) loans totaling $2,592,142,695 ($2.59B) to small businesses in Montana. The total number of jobs saved by these loans was 324,369 (324.37K).

As at April 2025, 45.91K number of loans has been completely forgiven by SBA (97.54% of the total number of loans), and a total of $2.56B has been forgiven (98.91% of the total loan amount). The PPP program was intended to provide incentives for small businesses to keep their workers on payroll.

See information below per county on the the total loan amount given to businesses, the total loan amount forgiven, and the total number of jobs saved by the PPP loan.

Total Loan Amount: In terms of total loan amounts given to businesses per county, Yellowstone received the highest ($451,837,574), followed by Gallatin ($413,242,651), and Missoula ($349,450,267).

Number of Loans: For total number of loans given to businesses in each county, Gallatin received the highest (6,134), followed by Yellowstone (5,559), and Missoula (4,963).

The chart and table below shows the total loan amount, and the number of loans given to businesses in Montana counties.

Montana Total PPP Loan Amount By Business County
Montana Total Number of PPP Loans and Total Loan Amount By Business County
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County Number of Loans Total Loan Amount ($)
Yellowstone 5559 451837574
Gallatin 6134 413242651
Missoula 4963 349450267
Flathead 3703 251908572
Cascade 2340 160039801
Lewis And Clark 2413 155872991
Silver Bow 1060 81994649
Richland 1034 61138441
Ravalli 1581 55855182
Lake 1085 44501269
Fergus 989 36658137
Park 833 36107939
Lincoln 618 29000301
Custer 602 27216970
Hill 642 24559436
Valley 646 20684202
Dawson 632 20568045
Carbon 593 18362016
Rosebud 328 18065331
Pondera 481 17597520
Deer Lodge 207 17509048
Roosevelt 610 17064576
Glacier 490 17050239
Madison 420 16500223
Beaverhead 402 15847081
Teton 638 15459821
Stillwater 394 15392932
Sanders 396 15162038
Jefferson 322 14946756
Sheridan 581 14182983
Big Horn 538 14118737
Fallon 315 13596662
Phillips 530 11856246
Blaine 441 11844334
Powell 340 9925122
Chouteau 507 9481672
Toole 304 9257306
Daniels 256 7055774
Sweet Grass 242 6943382
Mccone 296 5773051
Musselshell 212 5670089
Judith Basin 309 5548922
Wheatland 121 4999285
Powder River 295 4968062
Granite 134 4931367
Carter 205 4604172
Broadwater 178 4104480
Mineral 119 3989423
Garfield 212 3748052
Wibaux 177 3398626
Meagher 109 3063067
Liberty 199 2807994
Prairie 128 2584959
Treasure 87 1753694
Golden Valley 59 1458538
Petroleum 56 874376
1 8312

Total Loan Amount Forgiven: In terms of total loan amount forgiven per business county, Gallatin had the highest ($410,154,359), followed by Yellowstone ($448,208,428), and Missoula ($348,725,901).

Number of Loans Completely Forgiven: For total number of loans that were completely forgiven per business county, Gallatin had the highest (5,984), followed by Yellowstone (5,371), and Missoula (4,829).

The chart and table below shows the total loan amount forgiven, and the number of loans which were completely forgiven for Montana counties.

Montana Total PPP Loan Amount Forgiven By Business County
Montana Total Number of PPP Loans Completely Forgiven and Total Loan Amount Forgiven By Business County
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County Number of Loans Completely Forgiven Total Loan Amount Forgiven ($)
Yellowstone 5371 448208428
Gallatin 5984 410154359
Missoula 4829 348725901
Flathead 3588 243187549
Cascade 2243 159345185
Lewis And Clark 2349 153114788
Silver Bow 1031 82191068
Richland 1020 60962988
Ravalli 1539 55127478
Lake 1063 44528290
Fergus 979 36728768
Park 804 35686502
Lincoln 605 28280653
Custer 593 27324795
Hill 635 24562705
Valley 640 20780263
Dawson 620 20616274
Carbon 583 18443313
Rosebud 323 14746791
Pondera 476 17721665
Deer Lodge 203 17635105
Roosevelt 605 17025392
Glacier 475 16892156
Madison 412 16427917
Beaverhead 369 15120889
Teton 621 12505510
Stillwater 386 15261330
Sanders 389 15186093
Jefferson 313 15014967
Sheridan 580 14256500
Big Horn 531 14112746
Fallon 311 13636699
Phillips 518 11616020
Blaine 433 11867839
Powell 336 9947565
Chouteau 499 9399074
Toole 300 9290985
Daniels 255 7089071
Sweet Grass 239 6978401
Mccone 295 5795434
Musselshell 210 5696288
Judith Basin 304 5547411
Wheatland 119 5005312
Powder River 292 4977553
Granite 128 4905174
Carter 204 4611419
Broadwater 173 4030815
Mineral 118 4011376
Garfield 207 3761172
Wibaux 176 3404599
Meagher 109 3083757
Liberty 196 2785261
Prairie 126 2571247
Treasure 87 1761647
Golden Valley 58 1445882
Petroleum 55 870296
1 8364

Number of Jobs Saved By Loan: In terms of number of jobs saved by the PPP Loan per business county, Yellowstone had the highest (52,879), followed by Gallatin (49,427), and Missoula (45,604).

The chart and table below shows the number of jobs saved by the PPP loan for Montana counties.

Montana Total Number of Jobs Saved by the PPP Loan By Business County
Montana Total Number of Jobs Saved By Business County
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County Number of Jobs Saved
Yellowstone 52879
Gallatin 49427
Missoula 45604
Flathead 32598
Cascade 21600
Lewis And Clark 19429
Silver Bow 10724
Richland 6087
Ravalli 8420
Lake 6488
Fergus 3760
Park 5243
Lincoln 3999
Custer 3360
Hill 3356
Valley 2578
Dawson 2290
Carbon 2501
Rosebud 2026
Pondera 1725
Deer Lodge 1857
Roosevelt 2127
Glacier 2394
Madison 2295
Beaverhead 2547
Teton 1683
Stillwater 2026
Sanders 2078
Jefferson 2212
Sheridan 1712
Big Horn 1728
Fallon 1198
Phillips 1654
Blaine 1379
Powell 1378
Chouteau 1180
Toole 1225
Daniels 682
Sweet Grass 871
Mccone 590
Musselshell 726
Judith Basin 573
Wheatland 547
Powder River 576
Granite 636
Carter 482
Broadwater 679
Mineral 714
Garfield 427
Wibaux 382
Meagher 526
Liberty 451
Prairie 332
Treasure 153
Golden Valley 160
Petroleum 94
1

You can see similar information for other states and for the US by state.

Data Source: SBA.