Neighborhood community DEV fund - PA
Ended Formula Grant Awarded
- Award ID
- SBAHQ24Y0088
- Recipient
-
Neighborhood Community Development Fund UEI GMLUEGZ24NG9
- Awarding agency
-
Office of the Chief Operating Officer
Small Business Administration
- Obligated
- $702,681
Award facts
- Assistance listing
- 59.046 Microloan Program
- Completion date
- Funding agency
- Office of Capital Access Small Business Administration
- Place of performance
- Pittsburgh, PA, USA
Award details come from USAspending.gov.
About this award
The U.S. Small Business Administration (SBA) has awarded a $702,681 Formula Grant to the Neighborhood Community Development Fund (NCDF) under the SBA Microloan Program (CFDA 59.046). This grant funding will enable NCDF, a nonprofit community development organization, to provide microloans up to $50,000 along with business training and technical assistance to start-up and growing small businesses, particularly those owned by women, minorities, and low-income individuals, in the Pittsburgh, PA area. The grant has a performance period from July 1, 2024 to June 30, 2025. Through this SBA Microloan Program funding, NCDF aims to promote entrepreneurship, economic development, and recovery from the COVID-19 pandemic in underserved communities within Allegheny County, Pennsylvania.
Quick answers
Who received award SBAHQ24Y0088?
SBAHQ24Y0088 was awarded to Neighborhood Community Development Fund by Office of the Chief Operating Officer (Small Business Administration) on July 1, 2024.
How much is award SBAHQ24Y0088 worth?
$702,681 has been obligated on SBAHQ24Y0088.
Which agency awarded SBAHQ24Y0088?
Office of the Chief Operating Officer (Small Business Administration) awarded SBAHQ24Y0088, with funding from Office of Capital Access (Small Business Administration).
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