Learn about SBA Microlending!
Congress annually approves the SBA Microloan program budget, and has governing authority over the program’s structure. See how the Friends have been advocating at the federal level for small business lending resources.
Microloan Success Stories
All across America, small businesses have received financing from the SBA Microloan Program that have enabled them to support employment and economic opportunity in diverse communities. Here are some of their stories.
2020 Program Data
See the latest Fact Sheet on the SBA Microloan Program.
It’s Small Business Week and microlending through the Small Business Administration has been a major lifeline to many American small businesses navigating COVID over the last year. Through May 2, 2021, the Microlending community has made 156k PPP loans for $2.76 billion (averaging $16k each). Join us as we highlight some of the Friends of…
The SBA released the following information on the windows for lender participation. As you know, CFIs, including SBA Microlenders, had first access for first draw loans starting on January 11 and second draw on January 13. A new group of lenders under $1 billion in assets will have access starting tomorrow, in addition to CFIs….