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Micro Loan
Micro Loans for Small Business
The Town of Skowhegan, Skowhegan Economic Development Corporation (SEDC), offers small business loans of $5,000.00 or less at low interest rates to Skowhegan businesses.

These funds can be used for the expansion or modernization of a new or existing business, they can be used for start-up capital for new businesses, and they can be used to finance either fixed assets, inventories, or other working capital.

Quick Check
Quick Check is the MicroLoan program for you if you:
  • Need a maximum loan of $5000
  • Are a small businesses
  • Have a net worth less than $100,000
  • Are a local Business

Further Information

Jeff Hewett
Director of Economic & Community Development

Dena Rich
Administrative Assistant

225 Water Street
Skowhegan, ME 04976

Ph: 207-474-6905
Fx: 207-474-9413

Monday - Friday
8 a.m. - 4:30 p.m.