SBA Fact Sheet


 

The Michigan SBA Office is responsible for the delivery of SBA's many
programs and services throughout the State of Michigan.

 

Services Available

Over the years, the SBA has developed many small business loan and
assistance programs, special outreach efforts, and initiatives to aid and
inform small businesses. The following describes briefly the services and
information available through this office
:

  • Financial assistance for new or existing businesses through guaranteed
    loans made by area bank and non-bank lenders. The local District Office
    provides a full range of loan programs. The Michigan District Office
    assists hundreds of small businesses each year by providing financial
    assistance through the 7(a) guarantee and 504 loan programs.
  • Free counseling, advice, and information on starting, better operating
    or expanding a small business through (SCORE) counselors to America's small
    business.
  • Assistance to businesses owned and controlled by socially and
    economically disadvantaged individuals through the Minority Enterprise
    Development Program.
  • Women's Business Ownership Representatives are available to advise
    women business owners.
  • Special loan programs are available for businesses involved in
    international trade.