Learn about SBA Microlending!
Legislative Priorities
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.
Program Data
See the latest data on the SBA Microloan Program.
Recent Posts & News
SBA Microloan Program: What the Latest Data Shows
The SBA Microloan Program continues to provide smaller-dollar financing to entrepreneurs and small businesses through a nationwide network of nonprofit intermediary lenders. SBA currently reports that Microloans can range from a few hundred dollars up to $50,000, with an average loan size of approximately $13,000. The program is designed to help small businesses start up…
SBA Highlights Microloan Program as a Source of Low-Dollar Financing
The U.S. Small Business Administration (SBA) recently highlighted the Microloan Program in two articles focused on the role of smaller-dollar financing in helping entrepreneurs start and grow their businesses. In a March 26, 2026, article titled “Not Every Entrepreneur Needs a Million Dollar Loan,” SBA Southeast Regional Administrator Tyler Teresa highlighted the Microloan Program as…
SBA Updates Citizenship Requirements for Microloan Program
The U.S. Small Business Administration (SBA) has updated its citizenship requirements for the Microloan Program. Effective April 1, 2026, SBA revised its Microloan Program Standard Operating Procedure to address eligibility requirements for businesses owned by non-U.S. citizens. The updated policy notice, issued in March, provides revised guidance on citizenship requirements for Microloan Program applicants. SBA…
System set up to ‘suck the life’ out of formerly incarcerated people takes a hit with new microloan deal
A recently announced agreement is expected to help returning citizens break a cycle of struggle that’s historically been reinforced by a criminal justice system advocates say is set up to make them fail, said Kyle J. Benson-Smith.
Twenty-Eight Senators Sign Microloan Support Letter
28 senators wrote the appropriations committee in support of FY 23 appropriations for the SBA Microloan program in the Financial Services and General Government Subcommittee of the Appropriations Committee
FY 23 Appropriations Request – SBA Microloans
The Friends of the SBA Microloan Program encourage Members of Congress to request 2023 Appropriations for the SBA Microloan Program including: