The SBA Microloan program offers up to $50,000 business loans to small enterprises and select non-profit organizations to help them start out and grow. A typical microloan is around $13,000.

The SBA50K (Small Business Administration) distributes funding to specifically approved intermediary lenders, which are nonprofit community-based organizations with lending, management, and technical assistance experience. The Microloan program is administered by these intermediaries for qualifying borrowers.