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…
Ended Formula Grant Awarded Last action
- Award ID
- SBAHQ21Y0012
- Recipient
-
Community Action Of Northeast Indiana Inc. UEI NN8CLFUP21H7
- Awarding agency
-
Office of the Chief Operating Officer
Small Business Administration
- Obligated
- $222,781
Award facts
- Assistance listing
- 59.046 Microloan Program
- Completion date
- Funding agency
- Office of Capital Access Small Business Administration
- Place of performance
- Fort Wayne, IN, USA
Award details come from USAspending.gov.
About this award
The Small Business Administration (SBA) awarded $222,781 under the Microloan Program (CFDA #59.046) to Community Action of Northeast Indiana Inc., doing business as Brightpoint, for the period of July 1, 2021 through June 30, 2022. The funding will support Brightpoint's provision of microloans and business training/technical assistance to start-ups, new, and growing small businesses in Fort Wayne, Indiana. The Microloan Program aims to assist women, low-income, and minority entrepreneurs as well as small businesses in underserved areas through the direct lending and training that community-based nonprofits like Brightpoint provide with SBA grant funding.
Description
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 SBAHQ21Y0012?
SBAHQ21Y0012 was awarded to Community Action Of Northeast Indiana Inc. by Office of the Chief Operating Officer (Small Business Administration) on July 1, 2021.
How much is award SBAHQ21Y0012 worth?
$222,781 has been obligated on SBAHQ21Y0012.
Which agency awarded SBAHQ21Y0012?
Office of the Chief Operating Officer (Small Business Administration) awarded SBAHQ21Y0012, with funding from Office of Capital Access (Small Business Administration).
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