to provide marketing, management, and technical assistance to borrowers receiving micro-loans. In addition, the SBA will make grants to non-profit organizations, which are not intermediary lenders, to provide marketing, management, and technical assistance to low- income individuals seeking private sector financing for their businesses. Under the Program, SBA will also provide training for intermediary lenders and non-lenders participating in the Program. ELIGIBLE APPLICANTS: (a) Public non-profit institution/organization (includes institutions of higher education and hospitals); (b) Private non-profit institution/organization (includes institutions of higher education and hospitals); (c) Quasi-public non-profit institution/organization; APPLICATION AND AWARD PROCESS: Application Procedure: Micro-loan Borrowers: Apply directly to intermediary lenders. Intermediary Lenders: Apply to the SBA Office of Financial Assistance prior to deadlines and according to established procedures. Award Procedure: SBA notifies Intermediaries. The intermediaries notify micro-borrowers. Deadlines: Not applicable. Range of Approval/Disapproval Time: Loan applicants can expect an answer from the SBA approved intermediary lender Within 15 days from the date of application acceptance. Appeals: Decisions on the part of the SBA are final. SBA will not become involved in appeals by micro- borrowers to
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