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…
Ended Formula Grant Awarded Last action
- Award ID
- SBAHQ21Y0062
- Recipient
-
Iowa Foundation For Microenterprise & Community Vitality UEI TBL3HJ15CDM3
- Awarding agency
-
Office of the Chief Operating Officer
Small Business Administration
- Obligated
- $102,481
Award facts
- Assistance listing
- 59.046 Microloan Program
- Completion date
- Funding agency
- Office of Capital Access Small Business Administration
- Place of performance
- Boone, IA 50036, USA
Award details come from USAspending.gov.
About this award
The Small Business Administration (SBA) awarded $102,481 under the Microloan Program (CFDA #59.046) to the Iowa Foundation For Microenterprise & Community Vitality. This Formula Grant will support the provision of microloans and business training/technical assistance services to start-ups, new, and growing small businesses in Boone, IA from July 1, 2021 through June 30, 2022. The Microloan Program aims to assist entrepreneurs, business owners, and individuals in underserved areas through access to credit and skills development, consistent with the sub-awardee's mission.
Description
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 SBAHQ21Y0062?
SBAHQ21Y0062 was awarded to Iowa Foundation For Microenterprise & Community Vitality by Office of the Chief Operating Officer (Small Business Administration) on July 1, 2021.
How much is award SBAHQ21Y0062 worth?
$102,481 has been obligated on SBAHQ21Y0062.
Which agency awarded SBAHQ21Y0062?
Office of the Chief Operating Officer (Small Business Administration) awarded SBAHQ21Y0062, with funding from Office of Capital Access (Small Business Administration).
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