Community development resources - NE

Ended Formula Grant Awarded Last action

Award ID
SBAHQ23Y0070
Recipient
Awarding agency
Obligated
$144,728

Award facts

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

Award details come from USAspending.gov.

About this award

The Small Business Administration awarded a $144,728 Microloan Program (CFDA 59.046) formula grant to Community Development Resources, a non-profit community development corporation and Community Development Financial Institution in Lincoln, NE. The grant provides operating funds for Community Development Resources to deliver microloans up to $50,000 and provide management training and technical assistance to women, low-income, and minority entrepreneurs and small businesses lacking access to credit. This federal grant funding enables Community Development Resources to provide financing, business training, and support to start-up and existing small businesses in its community, including assisting local businesses in responding to the economic impacts of the COVID-19 pandemic.

Quick answers

Who received award SBAHQ23Y0070?

SBAHQ23Y0070 was awarded to Community Development Resources by Office of the Chief Operating Officer (Small Business Administration) on July 1, 2023.

How much is award SBAHQ23Y0070 worth?

$144,728 has been obligated on SBAHQ23Y0070.

Which agency awarded SBAHQ23Y0070?

Office of the Chief Operating Officer (Small Business Administration) awarded SBAHQ23Y0070, with funding from Office of Capital Access (Small Business Administration).

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