Northside community development fund, PA 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
- SBAHQ21Y0053
- Recipient
-
Neighborhood Community Development Fund UEI GMLUEGZ24NG9
- Awarding agency
-
Office of the Chief Operating Officer
Small Business Administration
- Obligated
- $504,553
Award facts
- Assistance listing
- 59.046 Microloan Program
- Completion date
- Funding agency
- Office of Capital Access Small Business Administration
- Place of performance
- Pittsburgh, PA, USA
Award details come from USAspending.gov.
About this award
The Small Business Administration (SBA) awarded a $504,553 Formula Grant to the Neighborhood Community Development Fund through the Microloan Program (CFDA #59.046) to provide microloans and business assistance services from July 1, 2021 to June 30, 2022. The Microloan Program aims to assist entrepreneurs, business owners, and individuals in underserved areas by providing direct loans and grants to eligible non-profit microlenders. As the sub-awardee, the Neighborhood Community Development Fund will use this funding to issue micro-level loans of $50k or less to start-up, newly established, and growing small businesses located in Pittsburgh, Pennsylvania, along with accompanying business training and technical assistance services to support successful small business development in the community.
Description
Northside community development fund, PA 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 SBAHQ21Y0053?
SBAHQ21Y0053 was awarded to Neighborhood Community Development Fund by Office of the Chief Operating Officer (Small Business Administration) on July 1, 2021.
How much is award SBAHQ21Y0053 worth?
$504,553 has been obligated on SBAHQ21Y0053.
Which agency awarded SBAHQ21Y0053?
Office of the Chief Operating Officer (Small Business Administration) awarded SBAHQ21Y0053, with funding from Office of Capital Access (Small Business Administration).
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