Grand rapids opportunities for women, MI the small business administration (SBA) microloan program provides direct loans and grants to eligible non-profit microlenders so that they may provide…
Ended Formula Grant Awarded Last action
- Award ID
- SBAHQ21Y0004
- Recipient
-
Grand Rapids Opportunities For Women UEI KNSAB2X8LTF9
- Awarding agency
-
Office of the Chief Operating Officer
Small Business Administration
- Obligated
- $261,348
Award facts
- Assistance listing
- 59.046 Microloan Program
- Completion date
- Funding agency
- Office of Capital Access Small Business Administration
- Place of performance
- Grand Rapids, MI, USA
Award details come from USAspending.gov.
About this award
The Small Business Administration's Microloan Program provided $261,348 in formula grant funding to Grand Rapids Opportunities for Women (GROW) from July 1, 2021 to June 30, 2022. The Microloan Program (CFDA #59.046) aims to assist women, low-income, and minority entrepreneurs through direct loans and business training/technical assistance services. As the awardee, GROW will utilize the funding to provide micro-level loans of under $50,000 and business development support services to start-up, newly established, and growing small businesses in Grand Rapids, Michigan, helping address the lack of credit facing these communities.
Description
Grand rapids opportunities for women, MI the small business administration (SBA) microloan program provides direct loans and grants to eligible non-profit microlenders so that they may provide micro-level loans, and business based training and technical assistance to start- up, newly established and growing small business concerns.
Quick answers
Who received award SBAHQ21Y0004?
SBAHQ21Y0004 was awarded to Grand Rapids Opportunities For Women by Office of the Chief Operating Officer (Small Business Administration) on July 1, 2021.
How much is award SBAHQ21Y0004 worth?
$261,348 has been obligated on SBAHQ21Y0004.
Which agency awarded SBAHQ21Y0004?
Office of the Chief Operating Officer (Small Business Administration) awarded SBAHQ21Y0004, with funding from Office of Capital Access (Small Business Administration).
On GovTribe
See this award's full record
- Every transaction and subaward
- The recipient's other awards and teaming partners
- Similar grant awards
- Ask GovTribe AI about this award