This EDA investment provides technical assistance and capitalizes a $2,000,000 revolving loan fund (RLF) to lend to borrowers in the following geographic region: coos, curry, and douglas counties in…

Project Grant Awarded

Award ID
076907826
Recipient
Awarding agency
Obligated
$2,000,000

Award facts

Assistance listing
11.307 Economic Adjustment Assistance
Completion date
Not on record
Funding
  • $1,600,000.00 Federal
  • $400,000.00 Non-federal
Place of performance
Roseburg, OR, USA

Award details come from USAspending.gov.

Description

As the agency reported it.

This EDA investment provides technical assistance and capitalizes a $2,000,000 revolving loan fund (RLF) to lend to borrowers in the following geographic region: coos, curry, and douglas counties in southwestern oregon. Once implemented, the RLF will provide access to capital to help small businesses and entrepreneurs recover from the coronavirus pandemic, which will promote job creation and retention, attract private investment, and bolster economic resiliency throughout the region.

Quick answers

Who received award 076907826?

076907826 was awarded to C.c.d. Business Development Corporation by Economic Development Administration (Department of Commerce) on March 31, 2022.

How much is award 076907826 worth?

$2,000,000 has been obligated on 076907826: $1,600,000 in federal funding and $400,000 in non-federal funding.

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