My Application

Due to the significant demand and number of applications the NJEDA has received for the Micro Business Loan Program, the NJEDA will be closing the Micro Business Loan Program application at 5:00 pm EST on Friday, August 21, 2020. as the available funding is oversubscribed for this program.  Any application in process will need to be submitted by 5:00 pm EST on Friday, August 21, 2020, as NJEDA will be disabling the ability to submit applications after that time.

Please be advised that based on the volume of applications the NJEDA has already received and is working through, there may be a delay between when you apply and when the NJEDA is able to update you with a final decision on your loan application, which is subject to the availability of funding.

Welcome to the NJEDA's online application for the Micro Business Loan Program. We look forward to helping you as you grow your business in New Jersey!

Before you get started, please make sure you are eligible for this program by reviewing the questions below.

Is your business one of the following?

• A for-profit business, in existence and operation for at least six months prior to this application, with physical commercial (non home-based) location in New Jersey.
• 501c non-profit organization located in New Jersey, in existence and operation for at least two years prior to this application.
• Home-based business located in New Jersey, in existence and operation for at least two years prior to this application.

Is your business legally registered to do business in New Jersey?

Does your business have 10 or less full-time (W2) employees?

Does your business have less than $1.5 million in annual revenue?

If you have answered NO to any of these questions, your business is likely not eligible for the program, and it is recommended that you review the program information to determine if you should apply. If you have any questions, please contact NJEDA Small Business Services at smallbusinessservices@njeda.com.

If you need language assistance, please send NJEDA your name, spoken language and telephone number to languagehelp@njeda.com