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Homeβ€ΊMinnesotaβ€ΊFaribaultβ€ΊSmall Business Grantsβ€ΊElmore
BUSINESS β€” MN

πŸͺ Small Business Grants in Elmore, Faribault, Minnesota β€” 2026

Eligibility, income limits, local offices and how to apply for Elmore residents

Up to $5M loanMax Benefit
1-800-827-5722Helpline
MNState
Business viability requiredFPL Threshold
πŸ“Š 2026 Income Limits β€” Elmore, Minnesota
Household SizeMonthly LimitAnnual Limit
1 person$1,632/mo$19,578/yr
2 people$2,215/mo$26,572/yr
3 people$2,798/mo$33,566/yr
4 people ← typical$3,482/mo$41,782/yr
5 people$4,065/mo$48,778/yr
6 people$4,648/mo$55,774/yr
7 people$5,231/mo$62,770/yr
8 people$5,814/mo$69,766/yr

Source: HHS Federal Poverty Guidelines 2026. Effective January 2026.

πŸ“ How to Apply β€” Elmore, Minnesota
1
Check Eligibility
Income at or below Business viability required. Family of 4 in Elmore: $3,482/month in 2026.
2
Apply Online β€” Fastest
Visit www.sba.gov/funding-programs/loans β€” available 24/7.
3
Apply by Phone β€” 1-800-827-5722
Call Mon–Fri business hours for Elmore residents.
4
Apply In-Person β€” Faribault Office
Visit offices near Elmore. Walk-ins accepted.
πŸ“‹ Documents Required β€” Elmore
  • Business plan
  • Tax returns 3 years
  • Financial statements
  • Photo ID
❓ FAQs β€” Small Business Grants in Elmore
Who qualifies for Small Business Grants in Elmore, Minnesota?
Residents of Elmore, Faribault, Minnesota with income at or below Business viability required. Family of 4: $3,482/month. Call 1-800-827-5722.
How to apply for Small Business Grants in Elmore?
Apply online at www.sba.gov/funding-programs/loans, call 1-800-827-5722, or visit Faribault office.
Is there a Small Business Grants office in Elmore?
The nearest office is in Faribault. Visit office locator for exact address and hours.
πŸ”” Minnesota Alerts 2026
Free alerts when Small Business Grants changes in Minnesota.