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Homeβ€ΊMinnesotaβ€ΊWashingtonβ€ΊSmall Business Grantsβ€ΊLake Elmo
BUSINESS β€” MN

πŸͺ Small Business Grants in Lake Elmo, Washington, Minnesota β€” 2026

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

Up to $5M loanMax Benefit
1-800-827-5722Helpline
MNState
Business viability requiredFPL Threshold
πŸ“Š 2026 Income Limits β€” Lake Elmo, 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€” Lake Elmo, Minnesota
1
Check Eligibility
Income at or below Business viability required. Family of 4 in Lake Elmo: $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 Lake Elmo residents.
4
Apply In-Person β€” Washington Office
Visit offices near Lake Elmo. Walk-ins accepted.
πŸ“‹ Documents Required β€” Lake Elmo
  • Business plan
  • Tax returns 3 years
  • Financial statements
  • Photo ID
❓ FAQs β€” Small Business Grants in Lake Elmo
Who qualifies for Small Business Grants in Lake Elmo, Minnesota?
Residents of Lake Elmo, Washington, 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 Lake Elmo?
Apply online at www.sba.gov/funding-programs/loans, call 1-800-827-5722, or visit Washington office.
Is there a Small Business Grants office in Lake Elmo?
The nearest office is in Washington. Visit office locator for exact address and hours.
πŸ”” Minnesota Alerts 2026
Free alerts when Small Business Grants changes in Minnesota.