Community capital new york, INC., NY the small business administration (SBA) microloan program provides direct loans and grants to eligible non-profit microlenders so that they may provide micro-level…

Ended Formula Grant Awarded Last action

Award ID
SBAHQ21Y0027
Recipient
Awarding agency
Obligated
$604,437

Award facts

Assistance listing
59.046 Microloan Program
Completion date
Originally
Funding agency
Office of Capital Access Small Business Administration
Place of performance
Elmsford, NY, USA

Award details come from USAspending.gov.

About this award

The Small Business Administration (SBA) awarded Community Capital New York, Inc. $604,437 under the Microloan Program (CFDA #59.046) to provide microloans and business training/technical assistance to startup, newly established, and growing small businesses from July 2021 through September 2022. The Microloan Program aims to assist women, low-income, and minority entrepreneurs as well as small businesses in underserved areas through direct loans of $50,000 or less along with business-based training and technical support services. As the sub-awardee, Community Capital New York, Inc. will leverage this Formula Grant funding to deliver microloans and entrepreneurship support services to qualified small businesses operating in the Elmsford, New York region.

Description

Community capital new york, INC., NY 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 -$66,908
Original award $671,345

Quick answers

Who received award SBAHQ21Y0027?

SBAHQ21Y0027 was awarded to Community Capital New York, Inc. by Office of the Chief Operating Officer (Small Business Administration) on July 1, 2021.

How much is award SBAHQ21Y0027 worth?

$604,437 has been obligated on SBAHQ21Y0027.

Which agency awarded SBAHQ21Y0027?

Office of the Chief Operating Officer (Small Business Administration) awarded SBAHQ21Y0027, 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