Hartford economic development corp, CT 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
SBAHQ21Y0112
Recipient
Awarding agency
Obligated
$102,414

Award facts

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

Award details come from USAspending.gov.

About this award

The Small Business Administration (SBA) awarded $102,414 under the Microloan Program (CFDA #59.046) Formula Grant to Hedco, Inc. doing business as the Hartford Economic Development Corporation. The grant will support the provision of microloans and business training/technical assistance to start-ups, newly established and growing small businesses in Hartford, Connecticut from July 1, 2021 through June 30, 2022. The Microloan Program aims to assist women, low-income, and minority entrepreneurs as well as small businesses in underserved areas through the delivery of micro-level loans (less than $50k) and entrepreneurship support services.

Description

Hartford economic development corp, CT 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 SBAHQ21Y0112?

SBAHQ21Y0112 was awarded to Hedco Inc. by Office of the Chief Operating Officer (Small Business Administration) on July 1, 2021.

How much is award SBAHQ21Y0112 worth?

$102,414 has been obligated on SBAHQ21Y0112.

Which agency awarded SBAHQ21Y0112?

Office of the Chief Operating Officer (Small Business Administration) awarded SBAHQ21Y0112, with funding from Office of Capital Access (Small Business Administration).

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