Colorado enterprise fund, CO the small business administration (SBA) microloan program provides direct loans and grants to eligible non-profit microlenders so that they may provide micro-level…
Ended Formula Grant Awarded Last action
- Award ID
- SBAHQ21Y0106
- Recipient
-
Co Enterprise Fund, LLC UEI NNVKE3A6XNX5
- Awarding agency
-
Office of the Chief Operating Officer
Small Business Administration
- Obligated
- $1,092,884
Award facts
- Assistance listing
- 59.046 Microloan Program
- Completion date
- Funding agency
- Office of Capital Access Small Business Administration
- Place of performance
- Denver, CO, USA
Award details come from USAspending.gov.
About this award
The Small Business Administration (SBA) awarded $1,092,884 to the Colorado Enterprise Fund 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 a microlender under the SBA Microloan Program, the Colorado Enterprise Fund will utilize the funding to issue micro-level loans of $50,000 or less to eligible small business concerns. In addition, the organization will offer business training and technical assistance to support start-ups, newly established and growing small businesses in becoming successful and sustainable. The Microloan Program aims to expand access to credit for small businesses in underserved communities through a nationwide network of nonprofit microlending intermediaries.
Description
Colorado enterprise fund, CO 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 | -$180,369 | |
| Original award | $1,273,253 |
Quick answers
Who received award SBAHQ21Y0106?
SBAHQ21Y0106 was awarded to Co Enterprise Fund, LLC by Office of the Chief Operating Officer (Small Business Administration) on July 1, 2021.
How much is award SBAHQ21Y0106 worth?
$1,092,884 has been obligated on SBAHQ21Y0106.
Which agency awarded SBAHQ21Y0106?
Office of the Chief Operating Officer (Small Business Administration) awarded SBAHQ21Y0106, with funding from Office of Capital Access (Small Business Administration).
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