Programs › 59.046
Assistance listing · 59.046
Microloan Program
Federal financial assistance obligated under listing 59.046, the organisations that receive it and where it goes.
USAspending caveat. Figures are obligations reported by federal agencies to USAspending.gov, not payments. In USAspending's words: "An outlay occurs when federal money is actually paid out, not just promised to be paid ('obligated')." "Every agency has a Senior Accountable Official who must officially certify that the quarterly financial data submitted by their agency is accurate and complete." "If there are any discrepancies in procurement data, FPDS is the authoritative source." Contract data for the Department of Defense and the U.S. Army Corps of Engineers is published with a 90-day delay. Data loaded 30 Sep 2026.
Federal agencies obligated $39M in awards under assistance listing 59.046, Microloan Program, in FY2026, and $168M over the five fiscal years since FY2023; the program ranks 635 of 1043 on this site.
Obligations were about level on FY2025 ($40M), with $0 so far in FY2027.
The largest recipient organisations by the value of $1.0M-plus awards since FY2023 were Economic and Community Development Institute, Inc. ($5.4M), Northeast Entrepreneur Fund, Inc. ($5.1M) and Justine Petersen Housing and Reinvestment Corporation ($4.6M).
By place of performance, the most money went to NY, OH and MN.
Obligations by fiscal year
Compared with the largest program FY2026
| Measure | This program | Grants to States for Medicaid | All assistance |
|---|---|---|---|
| Obligations, FY2026 | $39M | $723B | $4.4T |
| Five-year total | $168M | $2.6T | $17T |
| Share of all assistance obligations, five years | 0% | 15.2% | 100% |
Largest recipients $1.0M+ award value since FY2023
| # | Organisation | Awards | Award value |
|---|---|---|---|
| 1 | Economic and Community Development Institute, Inc. | 3 | $5.4M |
| 2 | Northeast Entrepreneur Fund, Inc. | 3 | $5.1M |
| 3 | Justine Petersen Housing and Reinvestment Corporation | 3 | $4.6M |
| 4 | Nybdc Local Development Corp | 2 | $3.4M |
| 5 | Access to Capital for Entrepreneurs, Inc. | 2 | $3.0M |
| 6 | Liftfund Inc | 2 | $2.7M |
| 7 | Co Enterprise Fund, LLC | 1 | $1.7M |
| 8 | Union County Economic Development Corp | 1 | $1.5M |
| 9 | Cooperative Business Assistance Corp | 1 | $1.3M |
| 10 | Community Ventures Corporation, Inc. | 1 | $1.1M |
| 11 | Renaissance Economic Development Corp | 1 | $1.0M |
| 12 | Accompany Capital Inc | 1 | $1.0M |
| 13 | Peoplefund | 1 | $1.0M |
Awarding agencies $1.0M+ awards
Where the money goes
Largest awards since FY2023
Other programs numbered 59.xxx
- 59.008 Disaster Assistance Loans $1.5B
- 59.037 Small Business Development Centers $528M
- 59.059 Congressional Grants $291M
- 59.007 7(j) Technical Assistance $62M
Questions and answers
How much is obligated under assistance listing 59.046?
$39M in FY2026 and $168M over the five fiscal years since FY2023, counting every award type recorded under the listing (grants, direct payments, loan subsidy cost, insurance and other assistance). Obligations are commitments, not payments.
Who receives the most under Microloan Program?
Economic and Community Development Institute, Inc. ($5.4M), Northeast Entrepreneur Fund, Inc. ($5.1M), Justine Petersen Housing and Reinvestment Corporation ($4.6M), Nybdc Local Development Corp ($3.4M), Access to Capital for Entrepreneurs, Inc. ($3.0M). Individuals are never listed; where a program pays individuals, USAspending records aggregated rows that appear here as "not shown".
What is an assistance listing (CFDA) number?
A five-digit number that identifies a federal financial assistance program on SAM.gov (formerly the Catalog of Federal Domestic Assistance). Every grant, loan, direct payment or other assistance award on USAspending carries one; contracts do not.
Provenance
Source: USAspending.gov API v2, spending by category (assistance listing) by fiscal year, recipient cross-tabulation for FY2022–FY2025 and award search, loaded 30 Sep 2026. State figures come from each state's top-100 listing table, so small amounts in a state may be missing. See methodology.