SBA Microloan Program, Michigan District Office

U.S. Small Business Administration, Michigan District Office

Active Small Business

About This Program

The SBA Michigan District Office in Detroit supports small businesses through the Microloan Program, 7(a) loans, and 504 loans. SBA-approved intermediaries including Build Institute, Opportunity Resource Fund, and Detroit Development Fund provide microloans up to $50,000. Free counseling is available through SCORE Detroit and the Michigan SBDC.

Loans up to $50,000 through multiple SBA intermediaries; Detroit has several active microlenders

Key Details

  • Loans up to $50,000 for working capital, inventory, and equipment
  • SBA Michigan District Office located in Detroit
  • Build Institute, Opportunity Resource Fund, and Detroit Development Fund are local microlenders
  • Free counseling through SCORE Detroit and Michigan SBDC
  • Contact: (313) 226-6075

How to Apply

Deadline: Rolling

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