Charleston LDC/climb fund - SC

Ended Formula Grant Awarded Last action

Award ID
SBAHQ23Y0067
Recipient
Awarding agency
Obligated
$744,925

Award facts

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

Award details come from USAspending.gov.

About this award

This $744,925 Formula Grant award from the U.S. Small Business Administration (SBA) Office of Capital Access supports the Charleston Citywide Local Development Corporation's (Climb Fund) Microloan Program (CFDA 59.046). The grant funds Climb Fund, a non-profit Community Development Financial Institution, to provide microloans, training, counseling, and other services that foster entrepreneurship and economic growth in underserved markets in South Carolina. This award enables Climb Fund to continue their work of delivering access to capital, business development assistance, and other support to women, low-income, and minority small business owners and entrepreneurs lacking access to traditional credit sources.

Quick answers

Who received award SBAHQ23Y0067?

SBAHQ23Y0067 was awarded to Climb Fund by Office of the Chief Operating Officer (Small Business Administration) on July 1, 2023.

How much is award SBAHQ23Y0067 worth?

$744,925 has been obligated on SBAHQ23Y0067.

Which agency awarded SBAHQ23Y0067?

Office of the Chief Operating Officer (Small Business Administration) awarded SBAHQ23Y0067, with funding from Office of Capital Access (Small Business Administration).

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