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Integrated Recovery Guide - Small Business: Small Business Loan Print Share
Micro-Loan Program:
$6 million was included for direct loans provided under the Microloan program.
Agency: Small Business (SBA)
Description: Provides very small loans to start-up, newly established, or growing small business concerns. Under this program, SBA makes funds available to nonprofit community based lenders (intermediaries) which, in turn, make loans to eligible borrowers in amounts up to a maximum of $35,000. The average loan size is about $13,000. Applications are submitted to the local intermediary and all credit decisions are made on the local level.
Website: www.sba.gov/nm
www.sba.gov/recovery
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Email: answerdesk@sba.gov
Phone: 1- 800-U-ASK-SBA (1-800-827-5722)
(505) 248-8225 - (New Mexico District Office)
PROGRAMS AND FUNDING OPPORTUNITIES