Liftfund, INC., TX 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
- SBAHQ21Y0052
- Recipient
-
Liftfund Inc. UEI ZW2LP2T9CKF2
- Awarding agency
-
Office of the Chief Operating Officer
Small Business Administration
- Obligated
- $1,120,557
Award facts
- Assistance listing
- 59.046 Microloan Program
- Completion date
- Funding agency
- Office of Capital Access Small Business Administration
- Place of performance
- San Antonio, TX, USA
Award details come from USAspending.gov.
About this award
The Small Business Administration (SBA) awarded a $1,120,557 Formula Grant to Liftfund Inc., doing business as Accion, through the Microloan Program. The Microloan Program (CFDA #59.046) 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. With this funding, Liftfund Inc. will deliver microloans and business support services from July 1, 2021 to June 30, 2022 to entrepreneurs, women, low-income, and minority business owners in San Antonio, Texas, in keeping with the Program's goal of expanding access to credit and resources for these populations in underserved areas.
Description
Liftfund, INC., TX 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 SBAHQ21Y0052?
SBAHQ21Y0052 was awarded to Liftfund Inc. by Office of the Chief Operating Officer (Small Business Administration) on July 1, 2021.
How much is award SBAHQ21Y0052 worth?
$1,120,557 has been obligated on SBAHQ21Y0052.
Which agency awarded SBAHQ21Y0052?
Office of the Chief Operating Officer (Small Business Administration) awarded SBAHQ21Y0052, with funding from Office of Capital Access (Small Business Administration).
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