Formula Grant SBAHQ23Y0053
Award Date 7/1/23
Completion Date 6/30/24
Dollars Obligated $236K
Funding Federal Agency
Awarding Federal Agency
Federal Grant Program
Assistance Type
Formula Grant
Place of Performance
St Paul, MN, USA
Similar Awards
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The Small Business Administration (SBA) awarded a $236,232 Microloan Program (CFDA #59.046) formula grant to Neighborhood Development Center Inc., a non-profit community development corporation located in St. Paul, Minnesota. This grant enables Neighborhood Development Center Inc. to provide direct microloans of under $50,000 to start-up and growing small businesses, as well as pre-loan and post-loan training and technical assistance for business planning and operations. This federal grant funding supports Neighborhood Development Center Inc.'s ongoing efforts to promote entrepreneurship, small business growth, and access to capital in underserved communities.
Generated 4/9/24, 4:12 AM
Mod # | Description | ReasonForModification | Federal Obligation | Date |
|---|---|---|---|---|
| Not listed | $236.2k | 6/27/23 |