Revolving loan fund

Ended Project Grant Awarded Last action

Award ID
057906086
Recipient
Awarding agency
Obligated
$900,935

Award facts

Assistance listing
11.307 Economic Adjustment Assistance
Completion date
Funding
  • $1,080,795.00 Federal
  • -$179,860.00 Non-federal
Place of performance
Omaha, NE 68102, USA

Award details come from USAspending.gov.

About this award

The County of Pottawattamie, Nebraska was awarded a $900,935 project grant from the Department of Commerce Economic Development Administration under the Economic Adjustment Assistance program.

The grant will support the establishment of a revolving loan fund to provide financing to businesses and entrepreneurs in Pottawattamie County. The revolving loan fund will deliver capital to local businesses and entrepreneurs, helping address adverse economic impacts from sudden or gradual economic changes. Administered through the Pottawattamie County Sheriff's Office, the revolving loan fund will offer financing to generate economic opportunity in the region through February 2024.

Transactions

Action Federal Non-federal Date
Amendment This EDA investment supports the colorado lending source, LTD with establishing a revolving loan fund to support the state of colorado's economic recovery… -$450,000 -$450,000
Original award $1,530,795 $270,140

Quick answers

Who received award 057906086?

057906086 was awarded to County Of Pottawattamie by Economic Development Administration (Department of Commerce) on February 11, 2021.

How much is award 057906086 worth?

$900,935 has been obligated on 057906086: $1,080,795 in federal funding and -$179,860 in non-federal funding.

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