b'July 1, 2024 - June 30, 2025 I I E W E & IM G D V V S D I N E N B U A G N SS M T P C N L Y I R L T S N I T D E N N O S M C B S S R N E U E M U I U E O E E N T 1,244 Clients Counseled 2,410 Client Hour 15 Business Starts $8,982,202 Capital Infusion 3 Success Stories105 BREWINGIn 2021, Travis approached the Billings SBDC with a vision to open a brewery in Billings Heights. He collaborated with Lorene Hintz, SBDC Business Advisor, to develop his business planandfinancialprojections.Asheworkedtosecure alocationandfunding,theprocessextendedovertime, leading to rising costs. The primary challenge was gathering sufficient owner equity to achieve a Debt Service Coverage Ratio (DSCR) that would satisfy lender requirements.Together, several partners contributed $1.052 million, whileSBA 504 Loan Approvals: 18 for $14,818,000 StockmanBanksupportedtheendeavorwitha$2.332SBA 504 Loans Funded: 9 for $7,733,000 million loan and opened in March of 2025. RLF/SSBCI Loans Funded: 11 for $744,500 The guidance I received from the SBDC was instrumental inTotal Capital Investment: $26,515,325 helping me achieve my dream. 76 Jobs Created/Retained- Travis ZeilstraBILLINGS ESPRIT HEALTH CLINICIn 2023, Michelle Trudell came to the Billings SBDC with plans to expand her Sidney health clinic to Billings. Finding the perfect location was a challenge, but with the right real estate agent, she secured a great spot on Grant Road. She worked with Lorene Hintz to perfect the projections on the financialandbusinessplan.SheutilizedtheSSBCIloanOffices (10): All occupied FY 25 Revenue: $101,892 program through Big Sky Finance and received $84,500 inDesks (15): 14 occupiedOffice Rev: $31,685 funding from Stockman Bank as well as personally injecting24/7 members: 23Desk Rev: $21,068 $60,000 into the business. In January 2025 we welcomed8-5: 22Co-Work: $19,325 Esprit Health Clinic as Member Investor of BSED.HIGHLIGHTS: The SBDC provided invaluable support and expertise, enablingCelebratedthelaunchofLUNEMarketingStudio,ame to successfully expand my practice to a new location. Their collaboration between 2 Rock31 members. kindness and guidance were instrumental in my expansion InpartnershipwithScalingMT,FrontierAngels&Two- Michelle TrudellBear Capital, a Montana PitchTank event. Rock31 members DerekEaton(CutCraft)andOwenHaacke&Joshua Jackson (Supply Chain Shark) pitched their startups. In partnership with Montana High Tech Business Alliance, Rock31 hosted the Yellowstone chapter meetup, with over 50 attendees in the Rock31 space. InpartnershipwithDBA,Rock31hostedGovernor Gianforte and his team for a tour of downtown businesses. Rock31membersPeterJohnson(ArchwayDefense &DeepAttic)andDerekEaton(CutCraft&IIInigence) were featured on the tour. ANNUAL REPORT2025 5'