North central massachusetts DEV CO, MA 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
- SBAHQ21Y0064
- Recipient
-
The North Central Massachusetts Development Corporation UEI JHWLV3KE2L13
- Awarding agency
-
Office of the Chief Operating Officer
Small Business Administration
- Obligated
- $280,847
Award facts
- Assistance listing
- 59.046 Microloan Program
- Completion date
- Funding agency
- Office of Capital Access Small Business Administration
- Place of performance
- Fitchburg, MA 01420, USA
Award details come from USAspending.gov.
About this award
The Small Business Administration (SBA) awarded $280,847 to the North Central Massachusetts Development Corporation through the Microloan Program (CFDA #59.046) to provide microloans and business assistance to small businesses 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 nonprofit microlenders. Through this Formula Grant, the North Central Massachusetts Development Corporation will offer micro-level loans of under $100k combined with business training and technical assistance to support eligible startup, newly established, and growing small businesses in Fitchburg, Massachusetts.
Description
North central massachusetts DEV CO, MA 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 SBAHQ21Y0064?
SBAHQ21Y0064 was awarded to The North Central Massachusetts Development Corporation by Office of the Chief Operating Officer (Small Business Administration) on July 1, 2021.
How much is award SBAHQ21Y0064 worth?
$280,847 has been obligated on SBAHQ21Y0064.
Which agency awarded SBAHQ21Y0064?
Office of the Chief Operating Officer (Small Business Administration) awarded SBAHQ21Y0064, with funding from Office of Capital Access (Small Business Administration).
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