Johnstown area regional industries, INC., 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
SBAHQ21Y0057
Recipient
Awarding agency
Obligated
$291,797

Award facts

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

Award details come from USAspending.gov.

About this award

The Small Business Administration (SBA) awarded $291,797 under the Microloan Program (CFDA #59.046) to Johnstown Area Regional Industries Inc. (JARI) to provide microloans and business assistance services from July 1, 2021 through September 30, 2022. The Microloan Program aims to assist entrepreneurs and small business owners in underserved areas through the provision of direct loans of $50,000 or less, as well as training and technical assistance services. As a sub-awardee, JARI will leverage this funding to issue microloans to local small businesses while also delivering business development support services to help start-ups and growing companies in the Johnstown, Pennsylvania region.

Description

Johnstown area regional industries, INC., 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.

Transactions

Action Obligated Date
Amendment -$26,842
Original award $318,639

Quick answers

Who received award SBAHQ21Y0057?

SBAHQ21Y0057 was awarded to Johnstown Area Regional Industries, Inc. by Office of the Chief Operating Officer (Small Business Administration) on July 1, 2021.

How much is award SBAHQ21Y0057 worth?

$291,797 has been obligated on SBAHQ21Y0057.

Which agency awarded SBAHQ21Y0057?

Office of the Chief Operating Officer (Small Business Administration) awarded SBAHQ21Y0057, with funding from Office of Capital Access (Small Business Administration).

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