Accompany capital, INC. (FKA bus center for new americans), NY the small business administration (SBA) microloan program provides direct loans and grants to eligible non-profit microlenders so that…

Ended Formula Grant Awarded Last action

Award ID
SBAHQ21Y0122
Recipient
Awarding agency
Obligated
$1,132,637

Award facts

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

Award details come from USAspending.gov.

About this award

The Small Business Administration (SBA) awarded Accompany Capital Inc. $1,132,636.99 under the Microloan Program (CFDA #59.046) for the period of July 1, 2021 to 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 services to start-up, newly established, and growing small businesses. As the sub-awardee, Accompany Capital Inc. will utilize the funding to deliver microloans and business development support services to women, low-income, and minority entrepreneurs and small business owners in New York, NY who lack access to traditional sources of credit.

Description

Accompany capital, INC. (FKA bus center for new americans), NY 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 -$0
Original award $1,132,637

Quick answers

Who received award SBAHQ21Y0122?

SBAHQ21Y0122 was awarded to Accompany Capital Inc. by Office of the Chief Operating Officer (Small Business Administration) on July 1, 2021.

How much is award SBAHQ21Y0122 worth?

$1,132,637 has been obligated on SBAHQ21Y0122.

Which agency awarded SBAHQ21Y0122?

Office of the Chief Operating Officer (Small Business Administration) awarded SBAHQ21Y0122, with funding from Office of Capital Access (Small Business Administration).

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