The U.S. Small Business Administration is expanding its Microloan program.

The program is shifting to funding provided under the Recovery Act now that it has exhausted the regular FY 2009 appropriations for $20 million in loans and $20 million in technical assistance.

“SBA’s Microloan program provides a critical source of capital for entrepreneurs, including women, low-income individuals and minorities, who often have difficulty obtaining capital to start and grow their businesses,” said SBA Administrator Karen G. Mills

Full Story: http://www.bigskybusiness.com/index.php?option=com_content&view=article&id=665:sba-expands-program&catid=20:national&Itemid=18

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Montana SBA http://www.sba.gov/localresources/district/mt/index.html