Carolina community impact INC.

Ended Formula Grant Awarded Last action

Award ID
SBAHQ23Y0123
Recipient
Awarding agency
Obligated
$138,600

Award facts

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

Award details come from USAspending.gov.

About this award

Written by GovTribe AI ·

This $138,600 Formula Grant was awarded by the Small Business Administration (SBA) Office of Capital Access to Carolina Community Impact Inc., a non-profit organization in Raleigh, NC. The funding is provided through the SBA's Microloan Program (CFDA 59.046), which aims to assist women, low-income, and minority entrepreneurs and small businesses lacking access to credit.

Under this grant, Carolina Community Impact Inc. will provide technical assistance, small business loans, coaching, and mentoring services to support under-resourced and underserved small businesses and entrepreneurs in North Carolina. The organization has previously received funding from the Department of Treasury's Community Development Financial Institutions (CDFI) Fund to build the capacity of CDFIs nationwide and address community needs arising from the COVID-19 pandemic.

Quick answers

Who received award SBAHQ23Y0123?

SBAHQ23Y0123 was awarded to Carolina Community Impact, Inc. by Office of the Chief Operating Officer (Small Business Administration) on July 1, 2023.

How much is award SBAHQ23Y0123 worth?

$138,600 has been obligated on SBAHQ23Y0123.

Which agency awarded SBAHQ23Y0123?

Office of the Chief Operating Officer (Small Business Administration) awarded SBAHQ23Y0123, with funding from Office of Capital Access (Small Business Administration).

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