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
- SBAHQ23Y0101
- Recipient
-
Great Lakes Womens Business Council UEI D9HNRD2JJKD5
- Awarding agency
-
Office of the Chief Operating Officer
Small Business Administration
- Obligated
- $363,640
Award facts
- Assistance listing
- 59.046 Microloan Program
- Completion date
- Funding agency
- Office of Capital Access Small Business Administration
- Place of performance
- Livonia, MI, USA
Award details come from USAspending.gov.
About this award
The Small Business Administration (SBA) awarded a $363,640 Microloan Program (CFDA 59.046) Formula Grant to the Great Lakes Women's Business Council (GLWBC), a nonprofit organization, to provide micro-level loans, business training, and technical assistance to start-up, newly established, and growing small businesses, with a focus on women, low-income, and minority entrepreneurs. This funding will enable GLWBC to deliver these services to small business concerns in the Livonia, MI area from July 1, 2023 to June 30, 2024. GLWBC has a history of leveraging federal grants, including from the SBA and Department of Treasury, to support women, low-income, and minority-owned businesses through lending, consulting, and capacity building programs.
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 SBAHQ23Y0101?
SBAHQ23Y0101 was awarded to Great Lakes Womens Business Council by Office of the Chief Operating Officer (Small Business Administration) on July 1, 2023.
How much is award SBAHQ23Y0101 worth?
$363,640 has been obligated on SBAHQ23Y0101.
Which agency awarded SBAHQ23Y0101?
Office of the Chief Operating Officer (Small Business Administration) awarded SBAHQ23Y0101, with funding from Office of Capital Access (Small Business Administration).
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