Accompany capital, INC. - NY

Ended Formula Grant Awarded Last action

Award ID
SBAHQ23Y0078
Recipient
Awarding agency
Obligated
$1,028,063

Award facts

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

Award details come from USAspending.gov.

About this award

Through a $1,028,063 Formula Grant awarded by the Small Business Administration (SBA) Office of Capital Access, Accompany Capital Inc., doing business as the Business Center For New Americans, provides microloans and business development assistance to underserved small businesses and entrepreneurs. As a participant in the SBA Microloan Program (CFDA 59.046), Accompany Capital utilizes this annual formula grant funding to offer microloans paired with training and advising services, primarily targeting minority-owned, women-owned, and otherwise disadvantaged small business owners. Additionally, Accompany Capital leverages Community Development Financial Institutions (CDFI) program funding to expand lending and financial services in underserved communities.

Quick answers

Who received award SBAHQ23Y0078?

SBAHQ23Y0078 was awarded to Accompany Capital Inc. by Office of the Chief Operating Officer (Small Business Administration) on July 1, 2023.

How much is award SBAHQ23Y0078 worth?

$1,028,063 has been obligated on SBAHQ23Y0078.

Which agency awarded SBAHQ23Y0078?

Office of the Chief Operating Officer (Small Business Administration) awarded SBAHQ23Y0078, with funding from Office of Capital Access (Small Business Administration).

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