Micro-Loan Fund
Funding Amount
Up to $1,500
Deadline
Deadline not published
Grant Type
Foundation
Overview
The RDC offers no-interest micro-loans to small business and micro-business owners looking for small amounts of capital.
Geographic Scope: Seven northern New Mexico counties (RDC service area)
Award Type: No-interest loans
Award Amounts: Up to $1,500
Eligible Applicants: Small businesses and micro-business owners
What Regional Development Corporation actually gave
Source: IRS Form 990, 2025
- Grants in 2025
- 24
- Total given
- $354K
- Median grant
- $9,395
- Range
- $6,704–$61K
- By dollars: New Mexico 100%. Top recipient cities: Santa Fe, NM; Espanola, NM; Taos, NM.
- 0% of grants with a stated purpose were for general or operating support.
- 79% of recipients were new grantees, not repeat recipients.
Example grants
SFCC Foundation · Santa Fe, NM
Workforce training
$61K
University of New Mexico · Albuquerque, NM
Business expansion
$25K
Santa Fe Area Home Builders · Santa Fe, NM
Business expansion
$25K
Wolf & Mermaid Enchanted Roasters · Santa Fe, NM
Business expansion
$21K
BDT MFG LLC · Taos, NM
Business expansion
$20K
Focus Areas & Funding Uses
Fields of Work
- Small businesses
Categories
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