Redec relending corp., 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…
Ended Formula Grant Awarded Last action
- Award ID
- SBAHQ21Y0029
- Recipient
-
Redec Relending Corp UEI P21SFLLDCAS6
- Awarding agency
-
Office of the Chief Operating Officer
Small Business Administration
- Obligated
- $203,844
Award facts
- Assistance listing
- 59.046 Microloan Program
- Completion date
- Funding agency
- Office of Capital Access Small Business Administration
- Place of performance
- Painted Post, NY, USA
Award details come from USAspending.gov.
About this award
The Small Business Administration (SBA) awarded $203,844.31 under the Microloan Program (CFDA 59.046) Formula Grant to Redec Relending Corp. for the period of July 1, 2021 to June 30, 2022. Under this award, Redec Relending Corp. will provide microloans and business training/technical assistance to start-up, newly established, and growing small businesses in Painted Post, New York. The SBA Microloan Program aims to assist entrepreneurs, business owners, and individuals from underserved demographic groups in areas lacking access to credit through direct microloans and grants to eligible non-profit microlenders.
Description
Redec relending corp., 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 | -$27 | |
| Original award | $203,871 |
Quick answers
Who received award SBAHQ21Y0029?
SBAHQ21Y0029 was awarded to Redec Relending Corp by Office of the Chief Operating Officer (Small Business Administration) on July 1, 2021.
How much is award SBAHQ21Y0029 worth?
$203,844 has been obligated on SBAHQ21Y0029.
Which agency awarded SBAHQ21Y0029?
Office of the Chief Operating Officer (Small Business Administration) awarded SBAHQ21Y0029, with funding from Office of Capital Access (Small Business Administration).
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