Tulsa economic development corporation, OK 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
- SBAHQ21Y0115
- Recipient
-
Tulsa Economic Development Corp UEI ZKLMQUMXPHA3
- Awarding agency
-
Office of the Chief Operating Officer
Small Business Administration
- Obligated
- $248,233
Award facts
- Assistance listing
- 59.046 Microloan Program
- Completion date
- Funding agency
- Office of Capital Access Small Business Administration
- Place of performance
- Tulsa, OK, USA
Award details come from USAspending.gov.
About this award
The Small Business Administration's (SBA) Microloan Program provided $248,233 in formula grant funding to the Tulsa Economic Development Corporation (TEDC) from July 1, 2021 to June 30, 2022. The Microloan Program (CFDA #59.046) aims to assist entrepreneurs, business owners, and individuals in underserved areas through the provision of microloans and business training/technical assistance services. As a Microloan Program intermediary, TEDC will use the federal funds to issue microloans of $50,000 or less to small businesses and entrepreneurs in Tulsa, Oklahoma, along with providing business-based training and technical support to help microloan recipients start and grow their operations. The program focuses on serving women, low-income, and minority-owned businesses that lack access to credit.
Description
Tulsa economic development corporation, OK 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 | -$13,817 | |
| Original award | $262,050 |
Quick answers
Who received award SBAHQ21Y0115?
SBAHQ21Y0115 was awarded to Tulsa Economic Development Corp by Office of the Chief Operating Officer (Small Business Administration) on July 1, 2021.
How much is award SBAHQ21Y0115 worth?
$248,233 has been obligated on SBAHQ21Y0115.
Which agency awarded SBAHQ21Y0115?
Office of the Chief Operating Officer (Small Business Administration) awarded SBAHQ21Y0115, with funding from Office of Capital Access (Small Business Administration).
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