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Rhode Island · Through site files published 2025-08-13 · Newer source version available

R.I. Gen. Laws § 42-64.25-6: Micro-loan allocation.

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Where this section sits in the code
  1. Title 42 State Affairs and Government
  2. Chapter 64.25 Small Business Assistance Program

Notwithstanding anything to the contrary in this chapter, not less than ten percent (10%) and not more than twenty-five percent (25%) of program funds will be allocated to “micro loans” with a principal amount between two thousand dollars ($2,000) and twenty-five thousand dollars ($25,000). Micro loans will be administered by lending organizations, which will be selected by the commerce corporation on a competitive basis and shall have experience in providing technical and financial assistance to microenterprises.

Collected 2026-09-05T20:00:01Z. Source file · JSON

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