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
- SBAHQ23Y0136
- Recipient
-
Tulsa Economic Development Corp UEI ZKLMQUMXPHA3
- Awarding agency
-
Office of the Chief Operating Officer
Small Business Administration
- Obligated
- $308,315
Award facts
- Assistance listing
- 59.046 Microloan Program
- Completion date
- Funding agency
- Office of Capital Access Small Business Administration
- Place of performance
- Tulsa, OK, USA
Award details come from USAspending.gov.
About this award
The Small Business Administration (SBA) Microloan Program (CFDA #59.046) awarded a $308,315 Formula Grant to Tulsa Economic Development Corp (TEDC), a non-profit community development corporation, for the period of July 1, 2023 to June 30, 2024. This grant enables TEDC to provide microloans, business training, and technical assistance to start-up, newly established, and growing small business concerns, with a focus on supporting women, minority, and low-income entrepreneurs and small business owners who lack access to traditional credit sources in Tulsa, OK. The grant funding supports TEDC's capacity to deliver these services, including acquiring tools/technology and responding to the COVID-19 pandemic. TEDC also manages a sub-award from the City of Tulsa focused on small business lending.
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 SBAHQ23Y0136?
SBAHQ23Y0136 was awarded to Tulsa Economic Development Corp by Office of the Chief Operating Officer (Small Business Administration) on July 1, 2023.
How much is award SBAHQ23Y0136 worth?
$308,315 has been obligated on SBAHQ23Y0136.
Which agency awarded SBAHQ23Y0136?
Office of the Chief Operating Officer (Small Business Administration) awarded SBAHQ23Y0136, with funding from Office of Capital Access (Small Business Administration).
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