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
- SBAHQ23Y0055
- Recipient
-
First American Capital Corporation, Inc. UEI TRCKH6J4CVZ3
- Awarding agency
-
Office of the Chief Operating Officer
Small Business Administration
- Obligated
- $235,674
Award facts
- Assistance listing
- 59.046 Microloan Program
- Completion date
- Funding agency
- Office of Capital Access Small Business Administration
- Place of performance
- Hales Corners, WI, USA
Award details come from USAspending.gov.
About this award
The Small Business Administration (SBA) Microloan Program awarded a $235,674 Formula Grant to First American Capital Corporation, Inc., a non-profit organization, for the period of July 1, 2023 to June 30, 2024. The Microloan Program (CFDA 59.046) provides direct loans and grants to eligible non-profit microlenders to support the provision of micro-level loans, business training, 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. Through this award, First American Capital Corporation, Inc. will leverage the federal grant funding to deliver microloans, business training, and technical assistance to small businesses, particularly those in Native American and other underserved communities in Wisconsin.
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 SBAHQ23Y0055?
SBAHQ23Y0055 was awarded to First American Capital Corporation, Inc. by Office of the Chief Operating Officer (Small Business Administration) on July 1, 2023.
How much is award SBAHQ23Y0055 worth?
$235,674 has been obligated on SBAHQ23Y0055.
Which agency awarded SBAHQ23Y0055?
Office of the Chief Operating Officer (Small Business Administration) awarded SBAHQ23Y0055, with funding from Office of Capital Access (Small Business Administration).
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