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BLDC reports $474,900 in Anaconda Arco loan fund, six grants awarded; Praxis extension set for Feb. 18
Summary
At the Feb. 4 committee meeting, Kelly Sullivan of the Butte Local Development Corporation said the Anaconda Arco loan fund has $474,900 available, BLDC clients received six grants (including a $9,000 award), and the Praxis Center will seek a loan extension at a Feb. 18 loan-committee hearing.
Kelly Sullivan, a representative of the Butte Local Development Corporation (BLDC), told the Butte-Silver Bow Economic Development Committee on Feb. 4 that the Anaconda Arco loan fund has "$474,900 and some change" available and that BLDC clients recently received six grants.
Sullivan said three Rural Business Development grants submitted to the U.S. Department of Agriculture in February 2025 were finally awarded, and three Montana Department of Commerce rural-economies planning grants were also approved, together totaling about $100,000. "We got 6 grants awarded for our clients," she said, and she noted one Butte business received a $9,000 award for marketing and website work.
The report outlined BLDC outreach to industry: Sullivan said she…
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