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Project Grant 047907541
Award Date
7/24/20
Completion Date
7/24/22
Dollars Obligated
$369K
Overview
Activity
Transactions
4
Subawards
Federal Agency
Economic Development Administration
Awardee
Northern Kentucky Area Development Distr (GL5GWMACG4L5)
Federal Grant Program
11.307
Assistance Type
Project Grant
Place of Performance
Florence, KY 41042, USA
Description
Update #1
CARES ACT RLF
Posted 7/24/20, 12:00 AM
Mod #
Description
Reason For Modification
Federal Obligation
(Click to sort descending)
Date
(Click to sort ascending)
Not listed
THIS EDA INVESTMENT CAPITALIZES A $500,000 REVOLVING LOAN FUND (RLF) TO LEND TO BORROWERS IN THE FOLLOWING GEOGRAPHIC REGION: BOONE COUNTY, CAMPBELL COUNTY, CARROLL COUNTY, GALLATIN COUNTY, GRANT COUNTY, KENTON COUNTY, OWEN COUNTY, PENDLETON COUNTY. THIS EDA INVESTMENT ALSO PROVIDES $50,000 TO DEFRAY THE COST OF ADMINISTERING THE RLF. THE EDA INVESTMENT WILL ALLEVIATE SUDDEN AND SEVERE ECONOMIC DISLOCATION CAUSED BY THE CORONAVIRUS (COVID-19) PANDEMIC, PROVIDE PERMANENT RESOURCES TO SUPPORT ECONOMIC RESILIENCY, AND FURTHER THE LONG-TERM ECONOMIC ADJUSTMENT OBJECTIVES OF THE REGION SERVED BY THIS EDA INVESTMENT.
($15k)
9/26/22
Not listed
THIS EDA INVESTMENT CAPITALIZES A $500,000 REVOLVING LOAN FUND (RLF) TO LEND TO BORROWERS IN THE FOLLOWING GEOGRAPHIC REGION: BOONE COUNTY, CAMPBELL COUNTY, CARROLL COUNTY, GALLATIN COUNTY, GRANT COUNTY, KENTON COUNTY, OWEN COUNTY, PENDLETON COUNTY. THIS EDA INVESTMENT ALSO PROVIDES $50,000 TO DEFRAY THE COST OF ADMINISTERING THE RLF. THE EDA INVESTMENT WILL ALLEVIATE SUDDEN AND SEVERE ECONOMIC DISLOCATION CAUSED BY THE CORONAVIRUS (COVID-19) PANDEMIC, PROVIDE PERMANENT RESOURCES TO SUPPORT ECONOMIC RESILIENCY, AND FURTHER THE LONG-TERM ECONOMIC ADJUSTMENT OBJECTIVES OF THE REGION SERVED BY THIS EDA INVESTMENT.
($113k)
8/3/22
Not listed
AS PART OF EDA'S CARES ACT RECOVERY ASSISTANCE, THIS INVESTMENT CAPITALIZES A $500,000 REVOLVING LOAN FUND (RLF) TO LEND TO BORROWERS IN THE FOLLOWING GEOGRAPHIC REGION: BOONE, CAMPBELL, CARROLL, GALLATIN, GRANT, KENTON, OWEN, AND PENDLETON COUNTIES IN KENTUCKY. THIS EDA INVESTMENT ALSO PROVIDES $50,000 TO DEFRAY THE COST OF ADMINISTERING THE RLF. THE EDA INVESTMENT WILL ALLEVIATE SUDDEN AND SEVERE ECONOMIC DISLOCATION CAUSED BY THE CORONAVIRUS (COVID-19) PANDEMIC, PROVIDE PERMANENT RESOURCES TO SUPPORT ECONOMIC RESILIENCY, AND FURTHER THE LONG-TERM ECONOMIC ADJUSTMENT OBJECTIVES OF THE REGION SERVED BY THIS EDA INVESTMENT.
($54k)
5/13/22
Not listed
CARES ACT RLF
$550.0k
7/24/20