How to Apply

    

Organizations interested in becoming intermediaries should contact their SBA District Office  and review the regulations published in the Code of Federal Regulations (CFR), specifically sections 13 CFR 120.700-120.716.

 

Microloan Development Branch FY 2010 Program Announcement No. MICRO-2010-02

Microloan Development Branch FY 2010 Program Announcement No. MICRO-2010-01

Microloan Development Branch FY 2010 Program Announcement for Microloan American Recovery and Reinvestment Act Technical Assistance Project No. MICRO/ARRA-2010-01


The following is a sampling of the kinds of forms that must be submitted with your application. Check with your local district office for details.

 

Applications should contain supporting information describing:

  • The types of businesses assisted in the past and those the applicant intends to assist with micro-loans;
  • The average size of the loans made in the past and the average size of intended micro-loans;
  • The extent to which the applicant will make micro-loans to small businesses in rural areas;
  • The geographic area in which the applicant intends to operate, including a description of the economic and demographic conditions existing in the intended area of operations;
  • The availability and cost of obtaining credit for small businesses in the area;
  • The applicant's experience and qualifications in providing marketing, management, and technical assistance to small businesses;
  • Any plan to use other technical assistance resources (such as counselors from the Service Corps of Retired Executives) to help micro-loan borrowers.

 

For More Information
For more information, contact your local SBA District Office.