Micro enterprise services of or, or 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
- SBAHQ21Y0024
- Recipient
-
Micro Enterprise Services Of Oregon UEI MJKLST1WNNX9
- Awarding agency
-
Office of the Chief Operating Officer
Small Business Administration
- Obligated
- $269,623
Award facts
- Assistance listing
- 59.046 Microloan Program
- Completion date
- Funding agency
- Office of Capital Access Small Business Administration
- Place of performance
- Portland, OR, USA
Award details come from USAspending.gov.
About this award
The Small Business Administration (SBA) awarded a $269,622.53 Formula Grant to Micro Enterprise Services of Oregon through the Microloan Program (CFDA #59.046) to provide microloans and business training/technical assistance from July 1, 2021 to June 30, 2022. As the SBA's Microloan Program aims to assist entrepreneurs in areas lacking credit access, Micro Enterprise Services of Oregon will use this funding to deliver micro-level loans (less than $50k) and associated business support services to start-up, newly established, and growing small businesses in Portland, Oregon to foster their development and success.
Description
Micro enterprise services of or, or 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.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Amendment | -$106,769 | |
| Original award | $376,392 |
Quick answers
Who received award SBAHQ21Y0024?
SBAHQ21Y0024 was awarded to Micro Enterprise Services Of Oregon by Office of the Chief Operating Officer (Small Business Administration) on July 1, 2021.
How much is award SBAHQ21Y0024 worth?
$269,623 has been obligated on SBAHQ21Y0024.
Which agency awarded SBAHQ21Y0024?
Office of the Chief Operating Officer (Small Business Administration) awarded SBAHQ21Y0024, with funding from Office of Capital Access (Small Business Administration).
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