SBA Microloan Program opens new doors for small businessesBuck, Amy
$175 million to create a “community navigator” pilot program to increase awareness of and participation in COVID-19 relief programs for business owners currently lacking access, with priority for businesses owned by socially and economically disadvantaged individuals, women, and veterans Isabel Guzmani...
Another $30 million will expand the SBA's microloan program, which pro- vides small loans through community partners, or microlenders. The $30 mil- lion is enough to finance up to $50 mil- lion in new lending and $24 million in technical assistance grants to microlen- ders, according ...