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Small Business Administration
Microloan Program
The Small Business Administration first awarded funds to LARDC in 1993 to establish the Microloan Program. The purpose of the fund is to assist start-up, newly established, and all other small businesses obtain short-term, fixed rate financing. Eligible small businesses located throughout North Dakota may apply for a Microloan.
Loan proceeds may be used for working capital, inventory, and equipment needs with a maximum loan amount of $35,000.
Please Contact Us or Request Info for a detailed description of eligibility requirements, fees and current interest rates.
FORMS (in pdf)
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