### Question
How does ADMINISTRATIVE PROVISIONS define microloan?


### Answer
Under *7 U.S.C. § 2008s*, **microloan** is defined as:

> a business loan of not more than $50,000 that is provided to a rural microenterprise

#### Citation:
  - *7 U.S.C. § 2008s*
  - Heading: **CHAPTER 50-AGRICULTURAL CREDIT > SUBCHAPTER IV-ADMINISTRATIVE PROVISIONS**

