Sabre finance DBA venturesouth - AL
Ended Formula Grant Awarded Last action
- Award ID
- SBAHQ23Y0033
- Recipient
-
Sabre Finance UEI PUXFD7XK1MU3
- Awarding agency
-
Office of the Chief Operating Officer
Small Business Administration
- Obligated
- $701,144
Award facts
- Assistance listing
- 59.046 Microloan Program
- Completion date
- Funding agency
- Office of Capital Access Small Business Administration
- Place of performance
- Birmingham, AL, USA
Award details come from USAspending.gov.
About this award
The Small Business Administration (SBA) awarded Sabre Finance dba Venturesouth a $701,144 Formula Grant under the Microloan Program (CFDA 59.046). Venturesouth, a veteran-owned nonprofit community development corporation, will utilize the grant funding to issue microloans of $100k or less to small businesses and entrepreneurs in Birmingham, Alabama. As part of the Microloan Program's goal of fostering entrepreneurship and small business growth through access to credit, Venturesouth will provide related technical assistance and business training services to microloan recipients, with a focus on assisting women, minorities, and low-income individuals. The one-year grant period covers July 1, 2023 to June 30, 2024.
Quick answers
Who received award SBAHQ23Y0033?
SBAHQ23Y0033 was awarded to Sabre Finance by Office of the Chief Operating Officer (Small Business Administration) on July 1, 2023.
How much is award SBAHQ23Y0033 worth?
$701,144 has been obligated on SBAHQ23Y0033.
Which agency awarded SBAHQ23Y0033?
Office of the Chief Operating Officer (Small Business Administration) awarded SBAHQ23Y0033, with funding from Office of Capital Access (Small Business Administration).
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