SBA Microloan Program: quick facts
The SBA Microloan Program provides smaller loans to help small businesses and some nonprofit child-care centers start up or grow, often reaching owners who may not yet qualify for conventional bank loans. The money comes through nonprofit i…
Administered by
U.S. Small Business Administration, delivered through nonprofit intermediary lenders
Who it's for
Small businesses and certain not-for-profit child-care centers, including many women- and minority-owned startups, that need modest financing. Open to women and men alike.
What it funds
Small loans (up to a set maximum) for working capital, inventory, supplies, and equipment
Repayable?
Loan (must be repaid with interest)
Where to apply
Apply through an SBA-approved microlender; find intermediaries via sba.gov
Full sba microloan program page →
Official sources: U.S. Small Business Administration — Microloan Program. This page is educational information, not financial or legal advice; grants are competitive and never guaranteed. See our sources & how-we-work policy.