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…
Ended Formula Grant Awarded Last action
- Award ID
- SBAHQ21Y0137
- Recipient
-
Utah Microenterprise Loan Fund UEI ZKJ1NLNX1B13
- Awarding agency
-
Office of the Chief Operating Officer
Small Business Administration
- Obligated
- $123,040
Award facts
- Assistance listing
- 59.046 Microloan Program
- Completion date
- Funding agency
- Office of Capital Access Small Business Administration
- Place of performance
- Alta, UT, USA
Award details come from USAspending.gov.
About this award
The Small Business Administration (SBA) awarded $123,040 under the Microloan Program (CFDA 59.046) Formula Grant to the Utah Microenterprise Loan Fund (UMLF) for the period of July 1, 2021 to June 30, 2022. Under this award, UMLF will provide microloans of $50,000 or less to small businesses and entrepreneurs, as well as business training and technical assistance services. The SBA Microloan Program aims to expand access to credit for small businesses in underserved communities through direct loans and grants to nonprofit microlending organizations.
Description
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 | -$51,960 | |
| Original award | $175,000 |
Quick answers
Who received award SBAHQ21Y0137?
SBAHQ21Y0137 was awarded to Utah Microenterprise Loan Fund by Office of the Chief Operating Officer (Small Business Administration) on July 1, 2021.
How much is award SBAHQ21Y0137 worth?
$123,040 has been obligated on SBAHQ21Y0137.
Which agency awarded SBAHQ21Y0137?
Office of the Chief Operating Officer (Small Business Administration) awarded SBAHQ21Y0137, with funding from Office of Capital Access (Small Business Administration).
On GovTribe
See this award's full record
- Every transaction and subaward
- The recipient's other awards and teaming partners
- Similar grant awards
- Ask GovTribe AI about this award