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
SBAHQ21Y0090
Recipient
Awarding agency
Obligated
$140,143

Award facts

Assistance listing
59.046 Microloan Program
Completion date
Funding agency
Office of Capital Access Small Business Administration
Place of performance
Hales Corners, WI, USA

Award details come from USAspending.gov.

About this award

The Small Business Administration (SBA) awarded $140,143 under the Microloan Program (CFDA 59.046) to First American Capital Corporation, Inc. for the period of July 1, 2021 through 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. This sub-award will allow First American Capital Corporation, Inc. to provide microloans and business support services to small businesses in Hales Corners, Wisconsin, in support of the Microloan Program's goal of assisting women, low-income, and minority entrepreneurs and businesses in underserved areas.

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 SBAHQ21Y0090?

SBAHQ21Y0090 was awarded to First American Capital Corporation, Inc. by Office of the Chief Operating Officer (Small Business Administration) on July 1, 2021.

How much is award SBAHQ21Y0090 worth?

$140,143 has been obligated on SBAHQ21Y0090.

Which agency awarded SBAHQ21Y0090?

Office of the Chief Operating Officer (Small Business Administration) awarded SBAHQ21Y0090, with funding from Office of Capital Access (Small Business Administration).

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