Washington county council on econ DEV - PA

Ended Formula Grant Awarded Last action

Award ID
SBAHQ23Y0064
Recipient
Awarding agency
Obligated
$471,228

Award facts

Assistance listing
59.046 Microloan Program
Completion date
Funding agency
Office of Capital Access Small Business Administration
Place of performance
Washington, PA 15301, USA

Award details come from USAspending.gov.

About this award

Written by GovTribe AI ·

The Small Business Administration's Office of Capital Access awarded a $471,228 Formula Grant to the Washington County Council on Economic Development (WCCED), a Pennsylvania-based non-profit organization and community development corporation. This grant, awarded on July 1, 2023, will enable WCCED to operate as an intermediary microlender under the SBA Microloan Program (CFDA #59.046) from 2023-2024.

Under this grant, WCCED will utilize the funding to deliver microloans of up to $50,000 to women-owned, minority-owned, and other small businesses in Washington County that lack access to credit. WCCED will also provide business training and technical assistance to the microloan recipients. This aligns with the Microloan Program's objective to assist women, low-income, and minority entrepreneurs and small businesses in underserved areas.

Quick answers

Who received award SBAHQ23Y0064?

SBAHQ23Y0064 was awarded to Washington County Council On Econom IC Development by Office of the Chief Operating Officer (Small Business Administration) on July 1, 2023.

How much is award SBAHQ23Y0064 worth?

$471,228 has been obligated on SBAHQ23Y0064.

Which agency awarded SBAHQ23Y0064?

Office of the Chief Operating Officer (Small Business Administration) awarded SBAHQ23Y0064, with funding from Office of Capital Access (Small Business Administration).

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