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
- SBAHQ21Y0087
- Recipient
-
Northwest Regional Planning Commission UEI J5HQHVFCPY77
- Awarding agency
-
Office of the Chief Operating Officer
Small Business Administration
- Obligated
- $152,685
Award facts
- Assistance listing
- 59.046 Microloan Program
- Completion date
- Funding agency
- Office of Capital Access Small Business Administration
- Place of performance
- Spooner, WI 54801, USA
Award details come from USAspending.gov.
About this award
The Small Business Administration (SBA) awarded $152,685 under the Microloan Program (CFDA #59.046) to the Northwest Regional Planning Commission (NWR) for the period of July 1, 2021 to June 30, 2022.
The Microloan Program provides direct loans and grants to eligible non-profit microlenders to offer micro-level loans and business training/technical assistance to start-ups, new, and growing small businesses. Located in Spooner, Wisconsin, NWR will utilize the funding to provide microloans and business support services to local entrepreneurs who face barriers to accessing credit and growing their small businesses. The program aims to assist women, low-income, and minority business owners in areas lacking access to credit.
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 SBAHQ21Y0087?
SBAHQ21Y0087 was awarded to Northwest Regional Planning Commission by Office of the Chief Operating Officer (Small Business Administration) on July 1, 2021.
How much is award SBAHQ21Y0087 worth?
$152,685 has been obligated on SBAHQ21Y0087.
Which agency awarded SBAHQ21Y0087?
Office of the Chief Operating Officer (Small Business Administration) awarded SBAHQ21Y0087, with funding from Office of Capital Access (Small Business Administration).
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