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
- SBAHQ21Y0151
- Recipient
-
Southeast Community Capital Corporation UEI NZ8AM9BJUPJ5
- Awarding agency
-
Office of the Chief Operating Officer
Small Business Administration
- Obligated
- $191,164
Award facts
- Assistance listing
- 59.046 Microloan Program
- Completion date
- Funding agency
- Office of Capital Access Small Business Administration
- Place of performance
- 1417 Murfreesboro Pike, Nashville, TN 37217, USA
Award details come from USAspending.gov.
About this award
The Small Business Administration awarded $191,164.33 under the Microloan Program (CFDA #59.046) to Southeast Community Capital Corporation for the period of July 1, 2021 through June 7, 2022. The Microloan Program provides direct loans and grants to eligible non-profit microlenders to offer micro-level loans and business training/technical assistance to start-ups, new, and growing small businesses. As the sub-awardee, Southeast Community Capital will utilize the funding to provide microloans and business support services to entrepreneurs and business owners in economically disadvantaged areas, as outlined in the program's goals of assisting women, low-income, and minority business development.
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 | -$18,523 | |
| Amendment | -$9,817 | |
| Original award | $219,505 |
Quick answers
Who received award SBAHQ21Y0151?
SBAHQ21Y0151 was awarded to Southeast Community Capital Corporation by Office of the Chief Operating Officer (Small Business Administration) on July 1, 2021.
How much is award SBAHQ21Y0151 worth?
$191,164 has been obligated on SBAHQ21Y0151.
Which agency awarded SBAHQ21Y0151?
Office of the Chief Operating Officer (Small Business Administration) awarded SBAHQ21Y0151, with funding from Office of Capital Access (Small Business Administration).
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