- Primary benefit
- SBA states microloans are available up to $50,000 and the average microloan is about $13,000.
- Benefit type
- Loan or Repayable Capital, Services, Mixed Support
- Cash value
- $50,000
- Amount interpretation
- Source-stated amount or range; verify whether it applies per recipient or across the program.
- Non-cash value
- SBA states microloans are available up to $50,000 and the average microloan is about $13,000.
- Investment
- Not classified as investment capital
- Equity
- No equity requirement stated by OIP
- Repayment
- Repayable capital
- Eligibility from source fields
- Small Business, Certain Nonprofit Childcare Centers
- Geography
- United States and eligible territories served by intermediaries.
- Stage
- Planning, Newly Formed, Operating