Project Grant 067906369
- The Economic Development Administration of the Department of Commerce awarded $352,000 under the Economic Adjustment Assistance (CFDA 11.307) federal grant program to capitalize a $2,000,000 revolving loan fund (RLF) managed by the Rockford Area Convention & Visitors Bureau. The RLF will provide access to capital for small businesses and entrepreneurs in Boone, McHenry, and Winnebago Counties in Illinois to aid their recovery from the impacts of the COVID-19 pandemic. Loans from the RLF...
- The U.S. Department of Commerce Economic Development Administration (EDA) awarded a $500,000 Project Grant to the Upper Minn Valley Regional Development Commission (UMVRDC) on April 5, 2022 under the Economic Adjustment Assistance (EAA) program (CFDA #11.307). The grant funds will capitalize a $500,000 revolving loan fund (RLF) to be administered by UMVRDC. The RLF will provide loans to small businesses and entrepreneurs across five counties in Minnesota - Big Stone, Swift, Lac Qui Parle,...
- This $1.8 million Project Grant from the Department of Commerce Economic Development Administration (EDA) under the Economic Adjustment Assistance (EAA) program (CFDA 11.307) capitalizes a $1 million revolving loan fund (RLF) administered by West Central Indiana Economic Development District, Inc. (Thrive West Central). The RLF will provide loans to small businesses and entrepreneurs in Clay, Parke, Putnam, Sullivan, Vermillion, and Vigo counties in Indiana to aid economic recovery from the...
- This $1.2 million Economic Development Administration Project Grant awarded by the Department of Commerce on May 10, 2022 capitalizes a $1,027,995 revolving loan fund (RLF) and provides $93,005 for administration to support economic recovery from the COVID-19 pandemic across 13 counties in southeast Texas. Under the Economic Adjustment Assistance (CFDA 11.307) program, the Gulf Coast Economic Development District, Inc. will utilize the RLF to provide loans to businesses, with funding also used...
- This $2 million Economic Development Administration Project Grant capitalizes a revolving loan fund to provide access to capital for small businesses and entrepreneurs recovering from the coronavirus pandemic in Boone, McHenry, and Winnebago Counties, Illinois. Administered by the Rockford Local Development Corporation, the revolving loan fund will promote job creation, retention, and economic resiliency in the region by attracting private investment through loans to borrowers. Awarded on...
- The Economic Development Administration awarded a $5.59 million Project Grant to the Wisconsin Department of Administration through the Economic Adjustment Assistance program (CFDA 11.307). The grant will support marketing, infrastructure, workforce development and other projects to revitalize safe leisure, business and international travel in Madison, Wisconsin. As part of EDA's $750 million American Rescue Plan program for travel, tourism and outdoor recreation, this investment aims to...
- The Department of Commerce's Economic Development Administration (EDA) awarded $4.5 million to the Southeast Idaho Council of Governments, Inc. under the Economic Adjustment Assistance (EAA) program (CFDA 11.307) on May 17, 2022. The funding will support the establishment of a revolving loan fund (RLF) to provide gap financing for businesses in Oneida, Bear Lake, Franklin, Caribou, Power, Bannock and Bingham counties in southeastern Idaho. The RLF will help alleviate sudden and severe economic...
- The Department of Commerce Economic Development Administration (EDA) awarded a $4,999,095 project grant to the Village of Muscoda, Wisconsin under the Economic Adjustment Assistance (CFDA 11.307) federal grant program on June 14, 2022. The funding will support the construction of 16 acres of new industrial infrastructure in the Village's industrial park to expand cheese manufacturing and attract other industries. The project aims to diversify the local economy and make it more resilient to...
- This $3.75 million Economic Development Administration (EDA) Project Grant under the Economic Adjustment Assistance (CFDA 11.307) program capitalizes a revolving loan fund (RLF) administered by the South Eastern Economic Development Corporation. The RLF will provide access to capital for small businesses and entrepreneurs in eight counties in Massachusetts to recover from the economic impacts of the COVID-19 pandemic and promote job creation and private investment. Awarded on April 28, 2022, the...
- The Department of Commerce Economic Development Administration awarded the Wisconsin Economic Development Corporation $572,989 under the Economic Adjustment Assistance (EAA) program on April 15, 2021. The EAA program provides technical, planning, and infrastructure assistance to regions experiencing adverse economic changes. Under this Project Grant, the Wisconsin Economic Development Corporation will deliver services to revamp recovery specialists in Madison, Wisconsin, helping the region...
The Economic Development Administration of the Department of Commerce awarded a $1,000,000 Project Grant to the Southwest Wisconsin Regional Planning Commission on March 31, 2022 under the Economic Adjustment Assistance (CFDA 11.307) federal grant program. The grant capitalizes a $1,000,000 revolving loan fund (RLF) to provide access to capital for small businesses and entrepreneurs in Grant, Green, Iowa, Lafayette, and Richland Counties in Wisconsin. The RLF will lend to borrowers recovering from the impacts of the COVID-19 pandemic to promote job creation and retention, attract private investment, and bolster economic resiliency throughout the region. Once implemented, the RLF will deliver loans to eligible recipients, consistent with the goals of the EDA program to provide technical and infrastructure assistance for adverse economic changes that occur over time or suddenly.
Mod # | Description | ReasonForModification | Federal Obligation | Date |
|---|---|---|---|---|
| Not listed | $800.0k | 3/31/22 |