Cooperative business assistance corp - NJ
Ended Formula Grant Awarded Last action
- Award ID
- SBAHQ23Y0068
- Recipient
-
Cooperative Business Assistance Corp UEI T8HGHXWKNDW8
- Awarding agency
-
Office of the Chief Operating Officer
Small Business Administration
- Obligated
- $1,254,260
Award facts
- Assistance listing
- 59.046 Microloan Program
- Completion date
- Funding agency
- Office of Capital Access Small Business Administration
- Place of performance
- Camden, NJ, USA
Award details come from USAspending.gov.
About this award
The Small Business Administration (SBA) Office of Capital Access awarded a $1,254,260 Formula Grant to Cooperative Business Assistance Corp, a non-profit organization in Camden, NJ, to provide services under the SBA Microloan Program (CFDA 59.046). The grant, which runs from July 1, 2023 to June 30, 2024, will allow Cooperative Business Assistance Corp to offer micro-lending, technical assistance, training, and counseling to women, minority, and low-income entrepreneurs and small businesses in Southern New Jersey and Philadelphia. Since 2019, the organization has received over $5 million in Microloan program formula grants and $2.6 million in project grants for Microloan technical assistance.
Quick answers
Who received award SBAHQ23Y0068?
SBAHQ23Y0068 was awarded to Cooperative Business Assistance Corp by Office of the Chief Operating Officer (Small Business Administration) on July 1, 2023.
How much is award SBAHQ23Y0068 worth?
$1,254,260 has been obligated on SBAHQ23Y0068.
Which agency awarded SBAHQ23Y0068?
Office of the Chief Operating Officer (Small Business Administration) awarded SBAHQ23Y0068, with funding from Office of Capital Access (Small Business Administration).
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