Formula Grant SBAHQ23Y0139
Award Date
7/1/23
Completion Date
6/30/24
Dollars Obligated
$845K
Funding Federal Agency
Office of Capital Access
Awarding Federal Agency
Office of the Chief Operating Officer
Awardee
BOC Capital Corp. (DYFJKCT5WUD9)
Federal Grant Program
59.046
Assistance Type
Formula Grant
Place of Performance
Brooklyn, NY, USA
Similar Awards
The Small Business Administration (SBA) awarded a $1.5 million Formula Grant to BOC Capital Corp. under the Microloan Program (CFDA #59.046) to provide microloans and business assistance services from July 1, 2022 to June 30, 2023. As a microlender, BOC Capital Corp. will use this funding to issue micro-level loans of under $50k to start-up, newly established, and growing small businesses in Brooklyn, New York. It will also offer business training and technical assistance to these entrepreneurs,...
The Small Business Administration (SBA) awarded BOC Capital Corporation $880,653 under the Microloan Program (CFDA #59.046) for the period of July 1, 2021 through June 30, 2022. The Microloan Program provides direct loans and grants to eligible non-profit microlenders to offer micro-level loans and business training/technical assistance to start-ups, new, and growing small businesses. As the sub-awardee, BOC Capital Corporation will utilize the funding to provide microloans and business...
The U.S. Small Business Administration (SBA) awarded BOC Capital Corp., a non-profit community development corporation in Brooklyn, New York, a $509,420 Project Grant under the SBA's Microloan Program (CFDA 59.046). The grant, with a performance period from July 1, 2024 to June 30, 2025, will support BOC Capital Corp.'s efforts to provide microloans up to $50,000 and technical assistance to small businesses, particularly those owned by women, minorities, and low-income individuals in underserved...
The U.S. Small Business Administration (SBA) awarded a $2,169,434 Microloan Program (CFDA 59.046) formula grant to Nybdc Local Development Corp, a nonprofit community development corporation and certified community development financial institution (CDFI). The grant, with a performance period from July 1, 2023 to June 30, 2024, enables Nybdc Local Development Corp to provide direct microloans under $100,000 and business training/technical assistance services to women, minority, and low-income...
The U.S. Small Business Administration (SBA) awarded a $214,352 Project Grant under the Microloan Program (CFDA 59.046) to Community Capital New York, Inc. (doing business as Community Capital New YOR) on July 1, 2024. This funding will be used by the community development financial organization to provide microloans up to $50,000 and accompanying technical assistance to small businesses, particularly those owned by women, minorities, and low-income individuals in underserved communities. The...
The Small Business Administration (SBA) awarded $1,330,546 to the Nybdc Local Development Corporation through the Microloan Program (CFDA #59.046) for the period of July 1, 2021 to June 30, 2022. This Formula Grant funding will enable the Nybdc Local Development Corporation to provide microloans and business training/technical assistance services to start-up, newly established, and growing small businesses in Albany, New York. The Microloan Program aims to assist women, low-income, and...
The Small Business Administration (SBA) awarded a $1,255,090 Formula Grant under the Microloan Program (CFDA 59.046) to Nybdc Local Development Corp, a certified Community Development Financial Institution (CDFI) and nonprofit organization, for the period of July 1, 2024 to June 30, 2025. The grant funding will enable Nybdc Local Development Corp to provide microloans up to $50,000 or $100,000, as well as business training, technical assistance, and support services to small businesses,...
The Small Business Administration (SBA) awarded Community Capital New York, Inc. $604,437 under the Microloan Program (CFDA #59.046) to provide microloans and business training/technical assistance to startup, newly established, and growing small businesses from July 2021 through September 2022. The Microloan Program aims to assist women, low-income, and minority entrepreneurs as well as small businesses in underserved areas through direct loans of $50,000 or less along with business-based...
The Small Business Administration (SBA) Office of Capital Access awarded a $480,686 Formula Grant to Community Capital New York, Inc. (doing business as Community Capital New YOR), a community development financial organization and mission-driven community development lender, under the SBA Microloan Program (CFDA 59.046). This grant, with a performance period of July 1, 2023 to June 30, 2024, will allow Community Capital New York, Inc. to provide microloans, training, and technical assistance to...
The Small Business Administration (SBA) Microloan Program awarded a $544,747 formula grant to the Center For Rural Affairs Community Capital, a non-profit organization and community development corporation. This grant, effective from July 1, 2023 to June 30, 2024, will enable the organization to provide microloans, business training, counseling, and technical assistance to start-up, newly established, and growing small businesses, with a focus on women, low-income, and minority entrepreneurs and...