Montana community development corporation, MT 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
- SBAHQ21Y0042
- Recipient
-
Montana Community Development Corp UEI CDKZGSXCXPZ4
- Awarding agency
-
Office of the Chief Operating Officer
Small Business Administration
- Obligated
- $264,858
Award facts
- Assistance listing
- 59.046 Microloan Program
- Completion date
- Funding agency
- Office of Capital Access Small Business Administration
- Place of performance
- Missoula, MT, USA
Award details come from USAspending.gov.
About this award
The Small Business Administration's Microloan Program provided $264,858 in Formula Grant funding to the Montana Community Development Corporation from July 1, 2021 to June 30, 2022. The Microloan Program, classified under the Catalog of Federal Domestic Assistance number 59.046, aims to assist entrepreneurs, business owners, and individuals in developing small businesses and improving access to credit in underserved areas. Through this award, the Montana Community Development Corporation will utilize direct loans and grants to provide micro-level loans of $50,000 or less to eligible small businesses, along with business training and technical assistance services to support start-ups, newly established and growing small business concerns in Missoula, Montana.
Description
Montana community development corporation, MT 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 SBAHQ21Y0042?
SBAHQ21Y0042 was awarded to Montana Community Development Corp by Office of the Chief Operating Officer (Small Business Administration) on July 1, 2021.
How much is award SBAHQ21Y0042 worth?
$264,858 has been obligated on SBAHQ21Y0042.
Which agency awarded SBAHQ21Y0042?
Office of the Chief Operating Officer (Small Business Administration) awarded SBAHQ21Y0042, with funding from Office of Capital Access (Small Business Administration).
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