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NJ

NJEDA Main Street Micro Business Loan

State microloans for New Jersey businesses with ten or fewer full-time employees.

About this program

The Main Street Micro Business Loan provides financing to very small New Jersey businesses for working capital, equipment, inventory, rent, payroll, and other eligible operating costs.

Eligibility

New Jersey microbusinesses with ten or fewer full-time employees and no more than $1.5 million in annual revenue that meet NJEDA eligibility and tax clearance requirements.

Requirements

  • Apply through the NJEDA portal when open
  • Provide business tax clearance and formation documents
  • Meet employee and revenue limits