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
- SBAHQ22Y0058
- Recipient
-
Center For Rural Affairs Community Capital UEI JDL8RME8NMF7
- Awarding agency
-
Office of the Chief Operating Officer
Small Business Administration
- Obligated
- $659,072
Award facts
- Assistance listing
- 59.046 Microloan Program
- Completion date
- Funding agency
- Office of Capital Access Small Business Administration
- Place of performance
- Lyons, NE 68038, USA
Award details come from USAspending.gov.
About this award
The Small Business Administration (SBA) Microloan Program provided $659,072 in Formula Grant funding to the Center For Rural Affairs Community Capital from July 1, 2022 to June 30, 2023. The grant supports the SBA Microloan Program's goal of providing micro-level loans and business training/technical assistance to start-ups, new, and growing small businesses. As the sub-awardee, Center For Rural Affairs Community Capital will deliver microloans and business support services to eligible entrepreneurs and business owners in rural Nebraska, consistent with the program's objective of expanding access to credit for women, low-income, and minority-owned businesses in underserved areas.
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.
Quick answers
Who received award SBAHQ22Y0058?
SBAHQ22Y0058 was awarded to Center For Rural Affairs Community Capital by Office of the Chief Operating Officer (Small Business Administration) on July 1, 2022.
How much is award SBAHQ22Y0058 worth?
$659,072 has been obligated on SBAHQ22Y0058.
Which agency awarded SBAHQ22Y0058?
Office of the Chief Operating Officer (Small Business Administration) awarded SBAHQ22Y0058, with funding from Office of Capital Access (Small Business Administration).
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