Micro Loan Program
Funding Amount
Up to $2,000
Deadline
Rolling (quarterly review)
Grant Type
Foundation
Deadline history & next window
- Cycle
- Rolling — applications accepted year-round
- Tracked since
- April 2026
Source: the cycle recorded on this listing. Confirm dates with the funder.
Can we apply?
Check your organization against each line. Taken from the listing; confirm with the funder's guidelines.
Eligible organizations
- Own or operate a business within City of Franklin or Southampton County limits
Other requirements
- Maintain a bank account
- Pass credit score approval
- Be at least 18 years old
- Priority consideration: Economically disadvantaged persons, minority-owned businesses, and women-owned businesses
Overview
Small business financing program providing microloans to help create or expand small businesses in the Franklin Southampton area.
Administrators: Franklin Southampton Economic Development, Inc. in conjunction with Suntrust Community Foundation, Franklin Redevelopment Housing Authority, Paul D. Camp Community College, and Franklin Southampton Area Chamber of Commerce
Geographic Scope: City of Franklin and Southampton County, Virginia
Eligibility Requirements:
- Own or operate a business within City of Franklin or Southampton County limits
- Maintain a bank account
- Pass credit score approval
- Be at least 18 years old
- Priority consideration: Economically disadvantaged persons, minority-owned businesses, and women-owned businesses
What They Fund:
- Business creation
- Business expansion
- Small business operations
Contact Information:
- Phone: 757-562-1958
- Email: info@franklinsouthamptonva.com
- Address: 601 North Mechanic Street, Suite 300, Franklin, VA 23851
How to Apply
Application Process
- Application Format: Paper application form available for download
- Required Documentation:
- Completed Micro Loan Application Form
- Bank account verification
- Credit score documentation
- Business plan details
- Submission: Submit to FSEDI office
- Processing: Applications reviewed for eligibility and creditworthiness
- Approval: Conditional on credit approval and business viability
Application Materials Available:
- Complete program guidelines (downloadable)
- Micro Loan Application Form (downloadable)
Contact for Application:
- Phone: 757-562-1958
- Email: info@franklinsouthamptonva.com
What Franklin Southampton Economic Development Inc actually gave
Source: IRS Form 990, 2021 — the most recent filing with itemized grants
- Grants in 2021
- 1
- Total given
- $215K
- Median grant
- $215K
- By dollars: Virginia 100%. Top recipient cities: Franklin, VA.
Example grants
Franklin & Southampton County Businesses - No Single Grant Exceeding 5000 · Franklin, VA
Assistance for covid pandemic relief
$215K
Focus Areas & Funding Uses
Fields of Work
- Small businesses
- Minority businesses
- Women-owned businesses
Categories
Browse similar grants by category
Related Grants
Open grants from this funder and similar programs
Commercial Rehabilitation Loan Program
Franklin Southampton Economic Development Inc
Amount
$5,000 - $35,000
Deadline
Rolling (quarterly review)
ALX B2B Grant Program (Alexandria Back to Business)
Alexandria Economic Development Partnership Inc
Amount
$10,000 - $20,000
Deadline
Deadline not published
Vibrant Spaces Matching Grant Program
Downtown Norfolk Development Corporation
Amount
Up to $10,000 (covers up to 50% of project costs)
Deadline
Rolling (quarterly review)
Coliseum Central Security Improvement Grant
Coliseum Central Business
Amount
Matching funds up to $2,500
Deadline
Rolling
Coliseum Central Physical Improvement Grant
Coliseum Central Business
Amount
Matching funds up to $10,000
Deadline
Rolling
Coliseum Central Security Camera Grant Program
Coliseum Central Business
Amount
Varies
Deadline
Rolling
Ready to apply for Micro Loan Program?
Grantable helps you assess fit, draft narratives, and track deadlines — so you can submit stronger applications, faster.
You found Micro Loan Program. Now let's win it.