Washington county council on economic DEV (the), PA the small business administration (SBA) microloan program provides direct loans and grants to eligible non-profit microlenders so that they may…

Ended Formula Grant Awarded Last action

Award ID
SBAHQ21Y0059
Recipient
Awarding agency
Obligated
$413,537

Award facts

Assistance listing
59.046 Microloan Program
Completion date
Funding agency
Office of Capital Access Small Business Administration
Place of performance
Washington, PA 15301, USA

Award details come from USAspending.gov.

About this award

The Small Business Administration awarded a $413,536.82 Formula Grant to the Washington County Council on Economic Development through the Microloan Program (CFDA #59.046) to provide microloans and business assistance services to small businesses from July 1, 2021 to June 30, 2022. As an intermediary lender under the Microloan Program, the Council will utilize the funding to issue micro-level loans of under $50,000 to eligible startup, newly established, and growing small businesses located in Washington County, Pennsylvania. In addition, the Council will offer business training and technical assistance to help recipients develop successful business operations and expand access to credit in underserved areas.

Description

Washington county council on economic DEV (the), 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 -$36,235
Original award $449,772

Quick answers

Who received award SBAHQ21Y0059?

SBAHQ21Y0059 was awarded to Washington County Council On Econom IC Development by Office of the Chief Operating Officer (Small Business Administration) on July 1, 2021.

How much is award SBAHQ21Y0059 worth?

$413,537 has been obligated on SBAHQ21Y0059.

Which agency awarded SBAHQ21Y0059?

Office of the Chief Operating Officer (Small Business Administration) awarded SBAHQ21Y0059, with funding from Office of Capital Access (Small Business Administration).

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