The small business administration (SBA) microloan program provides direct loans and grants to eligible non-profit microlenders so that they may provide micro-level loans, and business based training…
Ended Formula Grant Awarded Last action
- Award ID
- SBAHQ23Y0082
- Recipient
-
Micro Enterprise Services Of Oregon UEI MJKLST1WNNX9
- Awarding agency
-
Office of the Chief Operating Officer
Small Business Administration
- Obligated
- $223,042
Award facts
- Assistance listing
- 59.046 Microloan Program
- Completion date
- Funding agency
- Office of Capital Access Small Business Administration
- Place of performance
- Portland, OR, USA
Award details come from USAspending.gov.
About this award
The Small Business Administration (SBA) Microloan Program awarded a $223,042 Formula Grant to Micro Enterprise Services of Oregon, a non-profit organization, for the period of July 1, 2023 to June 30, 2024. This grant will enable Micro Enterprise Services of Oregon to provide direct microloans, business training, and technical assistance to start-up, newly established, and growing small businesses, with a focus on supporting women, low-income, and minority entrepreneurs. The SBA Microloan Program (CFDA 59.046) aims to assist small business concerns in areas lacking access to affordable credit. Through this award, Micro Enterprise Services of Oregon will leverage its expertise in micro-lending and small business development to deliver essential financial services and capacity building support to disadvantaged microentrepreneurs and small business owners in the Portland, Oregon region.
Description
The small business administration (SBA) microloan program provides direct loans and grants to eligible non-profit microlenders so that they may provide micro-level loans, and business based training and technical assistance to start- up, newly established and growing small business concerns.
Quick answers
Who received award SBAHQ23Y0082?
SBAHQ23Y0082 was awarded to Micro Enterprise Services Of Oregon by Office of the Chief Operating Officer (Small Business Administration) on July 1, 2023.
How much is award SBAHQ23Y0082 worth?
$223,042 has been obligated on SBAHQ23Y0082.
Which agency awarded SBAHQ23Y0082?
Office of the Chief Operating Officer (Small Business Administration) awarded SBAHQ23Y0082, with funding from Office of Capital Access (Small Business Administration).
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