Access to capital for entrepreneurs, GA 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
- SBAHQ21Y0121
- Recipient
-
Access To Capital For Entrepreneurs, Inc. UEI NMEJME5ANRN4
- Awarding agency
-
Office of the Chief Operating Officer
Small Business Administration
- Obligated
- $1,055,385
Award facts
- Assistance listing
- 59.046 Microloan Program
- Completion date
- Funding agency
- Office of Capital Access Small Business Administration
- Place of performance
- Cleveland, GA 30528, USA
Award details come from USAspending.gov.
About this award
This Formula Grant award of $1,055,385 from the Small Business Administration provides funding to Access To Capital For Entrepreneurs, Inc. to support the Microloan Program. Through this federal grant, Access To Capital For Entrepreneurs will deliver microloans and business training/technical assistance services to start-up, newly established, and growing small businesses in Cleveland, Georgia. The Microloan Program aims to assist entrepreneurs, business owners, and individuals from underserved demographic groups in starting or expanding their business operations. It also helps address lack of access to credit in economically disadvantaged areas. The grant period is July 1, 2021 through June 30, 2022.
Description
Access to capital for entrepreneurs, GA 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 SBAHQ21Y0121?
SBAHQ21Y0121 was awarded to Access To Capital For Entrepreneurs, Inc. by Office of the Chief Operating Officer (Small Business Administration) on July 1, 2021.
How much is award SBAHQ21Y0121 worth?
$1,055,385 has been obligated on SBAHQ21Y0121.
Which agency awarded SBAHQ21Y0121?
Office of the Chief Operating Officer (Small Business Administration) awarded SBAHQ21Y0121, with funding from Office of Capital Access (Small Business Administration).
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