MICROLOANS
SBA MICROLOAN DEMONSTRATION PROGRAM
DESCRIPTION:
Loan designed for either start-up or expansion of a business. There are no restrictions on the type of business being started. Must have a business plan. If the business is existing there must be a two-year history of the business as well as a three year projection.
Must be based in region 10.
PURPOSE:
This program was established to help small business that may not qualify for conventional bank financing but can demonstrate the ability to repay debt.
LOAN AMOUNT:
$1,000 to $25,000
CONTACT:
SBA Microloan Demonstration Program
Region 10
300 North Cascade
Montrose, CO 81401
Contact: Bob Bolt
Phone: (970) 249-2436
Fax: (970) 249-2488
The SBA MICROLOAN DEMONSTRATION PROGRAM serves as an intermediary in the SBA Microloan Program
