Cdfi rapid response program award
Ended Project Grant Awarded
- Award ID
- 21RRP056542G
- Recipient
-
Southern Independent Bank UEI K8KLG3MX2NQ6
- Awarding agency
-
Community Development Financial Institutions Fund
Department of the Treasury
- Obligated
- $1,826,265
Award facts
- Assistance listing
- 21.024 Community Development Financial Institutions Rapid Response Program (CDFI RRP)
- Completion date
- Place of performance
- United States
Award details come from USAspending.gov.
About this award
Southern Independent Bank was awarded a $1.8 million project grant from the Department of the Treasury's Community Development Financial Institutions Rapid Response Program on June 15, 2021. The grant funding will support the bank's ability to respond to the economic impacts of the coronavirus pandemic through December 31, 2023. As part of the CDFI Rapid Response Program, Southern Independent Bank will use the funds to provide loans, grants, and technical assistance to underserved communities and populations affected by the pandemic. The CDFI RRP aims to support Community Development Financial Institutions in preparing for and responding to the economic effects of COVID-19 through similar financing and capacity building activities.
Quick answers
Who received award 21RRP056542G?
21RRP056542G was awarded to Southern Independent Bank by Community Development Financial Institutions Fund (Department of the Treasury) on June 15, 2021.
How much is award 21RRP056542G worth?
$1,826,265 has been obligated on 21RRP056542G.
On GovTribe
See this award's full record
- Every transaction and subaward
- The recipient's other awards and teaming partners
- Similar grant awards
- Ask GovTribe AI about this award