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SBA Microloan Program – Cleveland District Office

U.S. Small Business Administration – Cleveland District Office

active small-business

About This Program

The SBA Microloan Program provides small, short-term loans to small businesses and nonprofit childcare centers through intermediary lenders in the Akron/Summit County area, served by the SBA Cleveland District Office. Loans up to $50,000 can be used for working capital, inventory, supplies, furniture, fixtures, machinery, and equipment. The average microloan is about $13,000.

Loans up to $50,000 through SBA-approved intermediary lenders; interest rates vary by lender

Key Details

  • Loans up to $50,000 for working capital, inventory, equipment, and fixtures
  • Served by SBA Cleveland District Office (covers Akron/Summit County)
  • Average loan size approximately $13,000
  • Technical assistance often available from intermediary lenders
  • Contact: (216) 522-4180

How to Apply

Deadline: Rolling

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