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
- SBAHQ23Y0099
- Recipient
-
Northwest Regional Planning Commission UEI J5HQHVFCPY77
- Awarding agency
-
Office of the Chief Operating Officer
Small Business Administration
- Obligated
- $150,818
Award facts
- Assistance listing
- 59.046 Microloan Program
- Completion date
- Funding agency
- Office of Capital Access Small Business Administration
- Place of performance
- Spooner, WI 54801, USA
Award details come from USAspending.gov.
About this award
The Small Business Administration (SBA) Microloan Program awarded a $150,818 formula grant to the Northwest Regional Planning Commission (NWR), a non-profit organization, to provide microloans as well as business training and technical assistance to start-up, newly established, and growing small businesses. This grant, under CFDA 59.046, aims to assist women, low-income, and minority entrepreneurs and small business owners in areas lacking access to credit. As the prime grantee, NWR will use the funds to offer these products and services to support the development and growth of small businesses in the northwest Wisconsin 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 SBAHQ23Y0099?
SBAHQ23Y0099 was awarded to Northwest Regional Planning Commission by Office of the Chief Operating Officer (Small Business Administration) on July 1, 2023.
How much is award SBAHQ23Y0099 worth?
$150,818 has been obligated on SBAHQ23Y0099.
Which agency awarded SBAHQ23Y0099?
Office of the Chief Operating Officer (Small Business Administration) awarded SBAHQ23Y0099, with funding from Office of Capital Access (Small Business Administration).
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