Cdfi rapid response program award

Ended Project Grant Awarded

Award ID
21RRP056810G
Recipient
Awarding agency
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

Franklin State Bank & Trust Company was awarded a $1,826,265 Project Grant from the Department of the Treasury's Community Development Financial Institutions Fund under the Community Development Financial Institutions Rapid Response Program (CDFI RRP, CFDA 21.024). The grant will support the Bank's ability to provide financial products and services to communities impacted by the economic effects of the coronavirus pandemic from June 2021 through December 2023. The CDFI RRP aims to bolster CDFIs' capacity to respond to and mitigate COVID-19's economic impact through the award period.

Quick answers

Who received award 21RRP056810G?

21RRP056810G was awarded to Franklin State Bank & Trust Company by Community Development Financial Institutions Fund (Department of the Treasury) on June 15, 2021.

How much is award 21RRP056810G worth?

$1,826,265 has been obligated on 21RRP056810G.

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