Communities unlimited INC. - AR
Ended Formula Grant Awarded
- Award ID
- SBAHQ24Y0014
- Recipient
-
Communities Unlimited Inc. UEI LBS1H987QDF5
- Awarding agency
-
Office of the Chief Operating Officer
Small Business Administration
- Obligated
- $160,263
Award facts
- Assistance listing
- 59.046 Microloan Program
- Completion date
- Funding agency
- Office of Capital Access Small Business Administration
- Place of performance
- Fayetteville, AR, USA
Award details come from USAspending.gov.
About this award
The federal Formula Grant award in the amount of $160,263.00 was provided by the Small Business Administration's Microloan Program (CFDA 59.046) to Communities Unlimited Inc., a non-profit economic development organization based in Fayetteville, Arkansas. The award period is from July 1, 2024 to June 30, 2025.
The Microloan Program funds are intended to enable Communities Unlimited Inc. 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 communities across the organization's seven-state service area. This funding supports Communities Unlimited Inc.'s mission to build capacity, generate capital, and optimize community resources to move rural and under-resourced communities in areas of persistent poverty towards prosperity through infrastructure improvements, business advisory services, financing solutions, and other economic development initiatives.
Quick answers
Who received award SBAHQ24Y0014?
SBAHQ24Y0014 was awarded to Communities Unlimited Inc. by Office of the Chief Operating Officer (Small Business Administration) on July 1, 2024.
How much is award SBAHQ24Y0014 worth?
$160,263 has been obligated on SBAHQ24Y0014.
Which agency awarded SBAHQ24Y0014?
Office of the Chief Operating Officer (Small Business Administration) awarded SBAHQ24Y0014, with funding from Office of Capital Access (Small Business Administration).
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