Small business assistance corp., GA 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
SBAHQ21Y0039
Recipient
Awarding agency
Obligated
$259,077

Award facts

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

Award details come from USAspending.gov.

About this award

The Small Business Administration (SBA) awarded $259,077 under the Microloan Program formula grant to Small Business Assistance Corp of Savannah, Georgia for the period of July 1, 2021 through June 30, 2022. The Microloan Program provides direct loans and grants to eligible non-profit microlenders to offer micro-level loans and business training/technical assistance to start-ups, new, and growing small businesses. Specifically, Small Business Assistance Corp will utilize the funding to provide microloans and business support services to women, low-income, and minority entrepreneurs and business owners in areas lacking access to credit, in accordance with the goals of the Microloan Program's mission.

Description

Small business assistance corp., GA 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 -$132,114
Original award $391,191

Quick answers

Who received award SBAHQ21Y0039?

SBAHQ21Y0039 was awarded to Small Business Assistance Corp by Office of the Chief Operating Officer (Small Business Administration) on July 1, 2021.

How much is award SBAHQ21Y0039 worth?

$259,077 has been obligated on SBAHQ21Y0039.

Which agency awarded SBAHQ21Y0039?

Office of the Chief Operating Officer (Small Business Administration) awarded SBAHQ21Y0039, with funding from Office of Capital Access (Small Business Administration).

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