Justine petersen housing & reinvestment corp. - MO

Ended Formula Grant Awarded Last action

Award ID
SBAHQ23Y0069
Recipient
Awarding agency
Obligated
$1,872,012

Award facts

Assistance listing
59.046 Microloan Program
Completion date
Funding agency
Office of Capital Access Small Business Administration
Place of performance
St. Louis, MO, USA

Award details come from USAspending.gov.

About this award

Written by GovTribe AI ·

This $1,872,012 Formula Grant award was provided by the Small Business Administration (SBA) Office of Capital Access under the Microloan Program (CFDA 59.046). The grant recipient, Justine Petersen Housing And Reinvestment Corporation, is a certified Community Development Financial Institution (CDFI) and microlender that provides financial services, including microloans under $50,000, financial coaching, and housing counseling to low- and moderate-income individuals and small businesses lacking access to traditional financial institutions in the St. Louis, MO metro area. As both a prime awardee and subrecipient, Justine Petersen Housing And Reinvestment Corporation has utilized this and other federal funding to deliver microloans, training, and technical assistance to women-owned, minority-owned, and other disadvantaged small business owners and microentrepreneurs. Additional details indicate they have provided housing counseling and microenterprise development assistance to qualified low- and moderate-income residents and small business owners in St. Louis City.

Quick answers

Who received award SBAHQ23Y0069?

SBAHQ23Y0069 was awarded to Justine Petersen Housing And Reinvestment Corporation by Office of the Chief Operating Officer (Small Business Administration) on July 1, 2023.

How much is award SBAHQ23Y0069 worth?

$1,872,012 has been obligated on SBAHQ23Y0069.

Which agency awarded SBAHQ23Y0069?

Office of the Chief Operating Officer (Small Business Administration) awarded SBAHQ23Y0069, with funding from Office of Capital Access (Small Business Administration).

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