Assistance Listing 59.046
Microloan Program
SMALL BUSINESS ADMINISTRATION
Assistance Listing 59.046, “Microloan Program,” is a federal program administered by SMALL BUSINESS ADMINISTRATION. It provides direct loan, non-financial and training assistance. GrantsJunction currently tracks 0 open, 0 forecasted and 0 closed opportunities under this listing. The agency reported $48.9M in obligations for fiscal year 2025.
Program objective
To assist entrepreneurs, business owners, and other individuals possessing the capability to operate successful business concerns and to assist small business concerns in those areas suffering from a lack of credit due to economic downturns. Under the Program, the Small Business Administration (SBA) makes loans or provide guaranties to private, non-profit, and quasi-governmental organizations (intermediary lenders) that utilizes the loan funds to make short-term, fixed interest rate microloans in amounts up to $50,000 to start-up, newly established, and growing small business concerns. The Microloan Program is to be used exclusively for working capital, inventory, supplies, furniture, fixtures, machinery, and/or equipment. In addition, the SBA will make grants to participating intermediary lenders to provide marketing, management, and technical assistance to prospective borrowers and borrowers receiving microloans. Under the Program, SBA will also provide training for intermediary lenders participating in the Microloan Program.
As published in the SAM.gov Assistance Listing.
Current opportunities under 59.046
No open or forecasted opportunities are currently posted under this listing. Programs often post notices on an annual cycle — see recently closed opportunities below for timing.
Eligible applicants (program level)
- Small Business Person
An applicant is considered eligible to apply if it meets the definition of an intermediary lender as published in program materials, 13 CFR, and PL 102-140, and meets published minimum experience and capability requirements.
Intended beneficiaries: Small Business Person.
Program-level eligibility from SAM.gov. Each funding notice sets its own requirements.
Reported obligations by fiscal year
Historical data · not a predictionRange and average of financial assistance (from the listing): No data available.
Source: SAM.gov Assistance Listing 59.046. Hatched bars are agency estimates. These totals do not indicate approval rates.Frequently asked questions
What is ALN 59.046?
59.046 is the Assistance Listing Number for “Microloan Program.” Assistance Listing Numbers (formerly CFDA numbers) identify federal assistance programs; individual grant opportunities reference the listing they are funded under.
Who can apply under ALN 59.046?
The SAM.gov listing names these applicant types: Small Business Person. Each funding notice under the program sets its own eligibility, so check the specific opportunity.
How much funding does 59.046 provide?
The agency reported $48,879,833 in obligations for FY2025 in the SAM.gov Assistance Listing. These are program-wide totals reported by the agency, not a prediction of future awards.