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Cedar Rapids MICRO Loan Program
Small loans for Cedar Rapids startups and expansions, with coaching and business planning support.
About this program
The Cedar Rapids MICRO Loan Program helps entrepreneurs and small businesses access small-dollar financing, business planning help, and technical assistance. The program is promoted through the Cedar Rapids Public Library and regional partners including ECICOG, SCORE, the SBDC, and Advanced CapAccess.
Eligibility
Cedar Rapids startups and existing businesses seeking small amounts of capital, with extra encouragement for core neighborhood businesses.
Requirements
- Work with program partners on intake and business planning
- Submit basic loan application and use-of-funds information
- Complete loan review and comply with repayment terms