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Homeβ€ΊTennesseeβ€ΊFayetteβ€ΊSmall Business Grantsβ€ΊSomerville
BUSINESS β€” TN

πŸͺ Small Business Grants in Somerville, Fayette, Tennessee β€” 2026

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

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