SBA Microloan Program

Key facts

Copied word-for-word from the official SBA page. Last verified October 28, 2026.

Program name

SBA Microloan Program

Issuing agency

U.S. Small Business Administration (Small Business Administration)

Funding type

Loan

Funding purpose

Business and Commerce

Status

Ongoing program

Application deadline

Ongoing program · no application deadline published

Published loan amount

Up to $50,000

Eligible applicants (our reading of the official page)

• Small businesses

Relevant to

BusinessesHow we determined this: Derived from the eligibility statement on the official page (small business).

Geographic restrictions

Nationwide federal program (check the official page for any location requirements).

Official source

View the official program page ↗

How to apply (from the official page)

To apply for a microloan, work with an SBA-approved intermediary in your area . SBA-approved lenders make all credit decisions and set all terms for your microloan.

Source

www.sba.gov/loans/microloans/

Last verified

October 28, 2026 (against the official SBA page)

Record confidence

highCurated from the official agency page; reviewed by an editor.

Eligibility details (from the agency)

To be eligible for a microloan, businesses must: Not be a type of ineligible business Be an operating business Operate for profit Be located in the U.S. Be small under SBA size requirements

Description (from the official program page)

The microloan program provides loans up to $50,000 to help small businesses and certain not-for-profit childcare centers start up and expand. The average microloan is about $13,000. SBA provides funds to specially designated intermediary lenders, which are nonprofit community-based organizations with experience in lending as well as management and technical assistance. These intermediaries administer the Microloan program for eligible borrowers.