Renaissance community loan fund, INC. MS 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
- SBAHQ21Y0033
- Recipient
-
Renaissance Community Loan Fund Inc. UEI ZCT6QVFWD1M9
- Awarding agency
-
Office of the Chief Operating Officer
Small Business Administration
- Obligated
- $152,140
Award facts
- Assistance listing
- 59.046 Microloan Program
- Completion date
- Funding agency
- Office of Capital Access Small Business Administration
- Place of performance
- Gulfport, MS, USA
Award details come from USAspending.gov.
About this award
The Small Business Administration (SBA) awarded a $152,140 Microloan Program Formula Grant to Renaissance Community Loan Fund Inc. to provide microloans and business training/technical assistance services from July 1, 2021 to June 30, 2022.
The Microloan Program (CFDA #59.046) aims to help women, low-income, and minority entrepreneurs and small business owners in underserved areas through direct loans and grants to intermediary microlenders. Renaissance Community Loan Fund will use the funding to make microloans of $50,000 or less to eligible small businesses and provide entrepreneurship training and counseling to support their start-up and growth. The grant's services are intended to expand access to credit and business support for disadvantaged individuals seeking to start or grow small enterprises in the Gulfport, Mississippi area.
Description
Renaissance community loan fund, INC. MS 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 SBAHQ21Y0033?
SBAHQ21Y0033 was awarded to Renaissance Community Loan Fund Inc. by Office of the Chief Operating Officer (Small Business Administration) on July 1, 2021.
How much is award SBAHQ21Y0033 worth?
$152,140 has been obligated on SBAHQ21Y0033.
Which agency awarded SBAHQ21Y0033?
Office of the Chief Operating Officer (Small Business Administration) awarded SBAHQ21Y0033, with funding from Office of Capital Access (Small Business Administration).
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