SBA Microloan program

SBA Microloan program is a government-backed lender in the US. SBA funds non-profit intermediary lenders, which lend up to $50,000 (about $13,000 on average) to for-profit US small businesses to start up and expand. Repayment terms run up to seven years, and SBA presents the programme as suited to first-time entrepreneurs and startups.

What it offers

• “The microloan program provides loans up to $50,000 to help small businesses and certain not-for-profit childcare centers start up and expand.” — sba.gov
• “The average microloan is about $13,000.” — sba.gov
• “Maximum repayment term allowed for an SBA microloan is seven years” — sba.gov
• “Use them when you need less than $50,000 to start and/or grow your small business.” — sba.gov
• “Designed to help startups and small enterprises cover early costs, this program provides loans from a few hundred dollars up to $50,000 - averaging around $13,000.” — legacy.sba.gov
• “Interest rates for SBA microloans generally fall between 8% and 13%, with repayment terms of up to seven years.” — legacy.sba.gov

Who can apply

• “Operate for profit” — sba.gov
• “Be located in the U.S.” — sba.gov
• “Be small under SBA size requirements” — sba.gov
• “Proceeds from an SBA microloan cannot be used to pay existing debts or to purchase real estate.” — sba.gov
• “SBA-approved lenders make all credit decisions and set all terms for your microloan.” — sba.gov

How to apply

Apply or read the rules on the official site.

About this listing

TrustList compiled this listing from SBA Microloan program's official pages in September 2026. The quotes above are its own words. Amounts, deadlines and eligibility rules change, so check the official site before you rely on them.