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
- SBAHQ23Y0093
- Recipient
-
Cap Services Inc. UEI K2NBW5B43X68
- Awarding agency
-
Office of the Chief Operating Officer
Small Business Administration
- Obligated
- $133,962
Award facts
- Assistance listing
- 59.046 Microloan Program
- Completion date
- Funding agency
- Office of Capital Access Small Business Administration
- Place of performance
- Stevens Point, WI, USA
Award details come from USAspending.gov.
About this award
The Small Business Administration (SBA) awarded a $133,962 Microloan Program (CFDA 59.046) formula grant to Cap Services Inc., a non-profit community development organization. The grant funding will be used to provide micro-level loans, business training, and technical assistance to start-up, newly established, and growing small business concerns, particularly those owned by women, low-income, and minority entrepreneurs. As a subrecipient, Cap Services Inc. has also administered support programs for victims of domestic violence, sexual assault, and trafficking using grants from the Department of Justice, and delivered other anti-poverty programs including job training, energy assistance, and food security via grants from Health and Human Services, Housing and Urban Development, and the Community Services Block Grant.
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 SBAHQ23Y0093?
SBAHQ23Y0093 was awarded to Cap Services Inc. by Office of the Chief Operating Officer (Small Business Administration) on July 1, 2023.
How much is award SBAHQ23Y0093 worth?
$133,962 has been obligated on SBAHQ23Y0093.
Which agency awarded SBAHQ23Y0093?
Office of the Chief Operating Officer (Small Business Administration) awarded SBAHQ23Y0093, with funding from Office of Capital Access (Small Business Administration).
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