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microloan

Defined in 1 dictionary — U.S. Code

United States Code

7 U.S.C. § 2008S — in this section

The term “microloan” means a business loan of not more than $50,000 that is provided to a rural microenterprise.

15 U.S.C. § 636 — for purposes of this chapter (3 versions over time)

the term “microloan” means a short-term, fixed rate loan of not more than $50,000, made by an intermediary to a startup, newly established, or growing small business concern;

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