Formula Grant SBAHQ24Y0109
- The Small Business Administration (SBA) Microloan Program awarded a $235,674 Formula Grant to First American Capital Corporation, Inc., a non-profit organization, for the period of July 1, 2023 to June 30, 2024. The Microloan Program (CFDA 59.046) provides direct loans and grants to eligible non-profit microlenders to support the provision of micro-level loans, business training, and technical assistance to start-up, newly established, and growing small business concerns, with a focus on...
- The Small Business Administration (SBA) awarded $140,143 under the Microloan Program (CFDA 59.046) to First American Capital Corporation, Inc. 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. This sub-award will allow First American Capital Corporation, Inc. to provide microloans...
- The Small Business Administration (SBA) Office of Capital Access awarded a $203,230 Project Grant to First American Capital Corporation, Inc. to provide training and technical assistance to current and prospective borrowers of the SBA Microloan Program. The grant period runs from July 1, 2022 to June 30, 2023. The SBA Microloan Program (CFDA #59.046) aims to assist entrepreneurs and small business owners in underserved areas by providing access to small, short-term loans and business support...
- The U.S. Small Business Administration (SBA) awarded a $269,051 Formula Grant under the Microloan Program (CFDA 59.046) to Community First Fund, a non-profit Community Development Financial Institution (CDFI), 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. This one-year grant with a performance period from July 1, 2024 to June 30, 2025 is intended to foster...
- The U.S. Small Business Administration (SBA) awarded a $121,088 Microloan Program (CFDA 59.046) project grant to the Northwest Wisconsin Regional Planning Commission (NWR) on July 1, 2024. The grant will fund NWR, a nonprofit regional planning organization, 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 in northwest Wisconsin. The funding will enable NWR to...
- The Small Business Administration (SBA) awarded a $133,962 Microloan Program (CFDA 59.046) formula grant to Cap Services Inc., a non-profit community development organization. The grant funding will be used to provide micro-level loans, business training, and technical assistance to start-up, newly established, and growing small business concerns, particularly those owned by women, low-income, and minority entrepreneurs. As a subrecipient, Cap Services Inc. has also administered support programs...
- The Small Business Administration (SBA) awarded a $502,565 Formula Grant through the Microloan Program (CFDA 59.046) to the non-profit Community First Fund. The grant funding will enable Community First Fund, a Community Development Financial Institution (CDFI), to provide microloans, technical assistance, and training to start-up, newly established, and growing small business concerns, with a focus on serving women, low-income, and minority entrepreneurs and business owners in areas lacking...
- 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...
- The Small Business Administration awarded a $100,000 project grant to First Childrens Finance through the Microloan Program (CFDA #59.046) for the period of July 1, 2022 to June 30, 2023. The Microloan Program aims to assist women, low-income, and minority entrepreneurs as well as small businesses in underserved areas facing a lack of access to credit. Through this funding, First Childrens Finance will provide microloans and technical assistance to small business owners and aspiring...
- The Small Business Administration (SBA) Microloan Program awarded a $150,818 formula grant to the Northwest Regional Planning Commission (NWR), a non-profit organization, to provide microloans as well as business training and technical assistance to start-up, newly established, and growing small businesses. This grant, under CFDA 59.046, aims to assist women, low-income, and minority entrepreneurs and small business owners in areas lacking access to credit. As the prime grantee, NWR will use the...
The federal Formula Grant award of $221,774 from the Small Business Administration's Microloan Program (CFDA 59.046) was provided to First American Capital Corporation, Inc., a nonprofit organization in Hales Corners, Wisconsin. The funding supports First American Capital's efforts to promote economic development in Wisconsin Indian Country by providing small business loans, training, and technical assistance to Native American and other underserved communities. Through this grant, First American Capital will utilize the Microloan Program's microloans of up to $50,000 and accompanying technical assistance to foster entrepreneurship and economic development in areas lacking traditional credit access. The award has a performance period from July 1, 2024, to June 30, 2025.
Mod # | Description | ReasonForModification | Federal Obligation | Date |
|---|---|---|---|---|
| Not listed | $221.8k | 7/1/24 |