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SBA Microloans

The SBA Microloan is designed to provide financing opportunities to business owners that often face greater challenges obtaining funding including women-owned businesses, low-income individuals, veterans, minority entrepreneurs, and small business owners.

The SBA Microloan can offer up to $50,000 in financing.


Qualified borrowers can use SCKEDD Microloan to

  • Finance working capital

  • Purchase machinery or equipment, furniture, fixtures, inventory, vehicles, and make leasehold improvements



What are the requirements for a Short-Term Microloan? You may qualify if you and your business meet the following criteria

  • The business is for-profit

  • The business is in our service area of 45 counties in southwest and south-central Kansas including Barber, Barton, Butler, Chase, Chautauqua, Clark, Comanche, Cowley, Edwards, Elk, Finney, Ford, Grant, Gray, Greeley, Greenwood, Hamilton, Harper, Harvey, Haskell, Hodgeman, Kearney, Kingman, Kiowa, Lane, Lyon, Marion, McPherson, Meade, Morton, Ness, Pawnee, Pratt, Reno, Rice, Rush, Saline, Scott, Sedgwick, Seward, Stafford, Stanton, Stevens, Sumner, and Wichita

  • Individuals that own 20% or more of the company are willing to act as personal guarantors


Interest rates

  • Please ​contact us for current interest rates


  • Closing fee of 3% for loan term one year or more; Closing fee of 2% with loan term less than one year

  • Any direct or third-party closing costs associated with the loan


  • Maximum 7 years - most loans average 60 months.

  • Based on the use of funds

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