Ampac Tri-State CDC Inc. was awarded a $571,150 Project Grant from the Small Business Administration Office of Capital Access under the Microloan Program (CFDA 59.046) to provide technical assistance and direct lending to underserved markets including low-to-moderate income individuals, minorities, women, and veterans for business startup or expansion. The grant period runs from July 1, 2022 to June 30, 2023 and will be performed in Ontario, California. The Microloan Program aims to expand...
The U.S. Small Business Administration (SBA) awarded a $474,030 Project Grant to AMPAC TRI-STATE CDC INC. - CA under the SBA Microloan Program (CFDA 59.046). This federal grant provides funding to the non-profit community development corporation to offer microloans up to $50,000 and accompanying technical assistance to small businesses, particularly those owned by women, minorities, and low-income individuals in underserved communities. The award period is from July 1, 2024 to June 30, 2025....
The Small Business Administration (SBA) awarded a $1.92 million Formula Grant to Ascendus, Inc. doing business as Accion USA through the Microloan Program (CFDA #59.046) to provide microloans and business training/technical assistance to small businesses from July 2022 to June 2023. The Microloan Program aims to assist entrepreneurs and business owners in underserved areas through direct loans of up to $50,000 and grants to intermediary microlenders. As the sub-awardee, Accion USA will...
The Small Business Administration (SBA) provided a $654,050 Project Grant award to CDC Small Business Finance Corp. (CDC SBF), a non-profit community development financial institution, under the SBA Microloan Program (CFDA #59.046). Through this grant, CDC SBF will offer microloans of up to $50,000 and provide business training and technical assistance to startup, newly established, and growing small businesses, particularly those in underserved communities lacking access to capital. As a top...
The Small Business Administration (SBA) awarded a $661,624 Formula Grant under the Microloan Program (CFDA 59.046) to the non-profit organization Ascendus, Inc. (doing business as Accion USA). The grant, effective July 1, 2023 through June 30, 2024, will enable Ascendus to provide direct loans and technical assistance to start-up, newly established, and growing small business concerns, with a focus on women, low-income, and minority entrepreneurs and business owners in areas lacking access to...
The Small Business Administration (SBA) awarded $3.2 million to Access To Capital For Entrepreneurs, Inc. through the Microloan Program (CFDA #59.046) for the period of July 1, 2022 to June 30, 2023. This Formula Grant provides direct loans and grants to the nonprofit microlender to offer microloans of under $100,000, business training, and technical assistance to start-ups, new, and growing small businesses in Cleveland, Georgia. The Microloan Program aims to help women, low-income, and...
The Small Business Administration's Microloan Program provided $1,975,171 in Formula Grant funding to the Economic & Community Development Institute Inc. from July 1, 2021 to June 30, 2022. The Microloan Program (CFDA #59.046) aims to assist entrepreneurs, business owners, and other individuals through direct loans and grants to eligible non-profit microlenders. These microlenders then provide micro-level loans of under $50,000 and business training/technical assistance services to support...
The Small Business Administration (SBA) Office of Capital Access awarded a $705,800 Project Grant to the Small Business Assistance Corporation to provide training and technical assistance to current and prospective borrowers of the SBA Microloan Program from July 1, 2022 to June 30, 2023. The SBA Microloan Program, listed under the Catalog of Federal Domestic Assistance as CFDA #59.046, aims to assist entrepreneurs, business owners, and individuals who own small businesses or are attempting to...
The Small Business Administration (SBA) awarded $220,483 under the Microloan Program (CFDA #59.046) to Pacific Asian Consortium In Employment (PACE) located in Los Angeles, California. The Formula Grant will provide microloans and business training/technical assistance services to start-ups, new, and growing small businesses through June 30, 2023. The SBA Microloan Program aims to assist women, low-income, and minority entrepreneurs in underserved areas through intermediary lenders. As a...
The Small Business Administration (SBA) Microloan Program awarded a $544,747 formula grant to the Center For Rural Affairs Community Capital, a non-profit organization and community development corporation. This grant, effective from July 1, 2023 to June 30, 2024, will enable the organization to provide microloans, business training, counseling, and technical assistance to start-up, newly established, and growing small businesses, with a focus on women, low-income, and minority entrepreneurs and...