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MI
Michigan Loan Participation Program
State loan participation to help finance eligible Michigan small business projects.
About this program
The Michigan Loan Participation Program supports small business financing by purchasing a participation in loans from participating lenders for eligible borrowers and qualified business purposes.
Eligibility
Eligible Michigan small businesses seeking qualified financing through a participating lender.
Requirements
- Apply through a participating lender
- Meet lender underwriting, borrower eligibility, and qualified use requirements
- Provide business, financial, project, and collateral documentation