Cdfi rapid response program award

Ended Project Grant Awarded

Award ID
21RRP056849G
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

Pike National Bank was awarded a $1.8 million Project Grant from the U.S. Department of the Treasury's Community Development Financial Institutions Fund on June 15, 2021. The grant was provided through the Community Development Financial Institutions Rapid Response Program (CDFI RRP), a program established to support Community Development Financial Institutions (CDFIs) in addressing the economic impacts of the coronavirus pandemic.

Under the two-year award concluding on December 31, 2023, Pike National Bank will utilize the grant funding to deliver financial and technical assistance services to communities and businesses impacted by COVID-19. As a certified CDFI, the Bank is well-positioned to support local economic recovery through this federal assistance.

Quick answers

Who received award 21RRP056849G?

21RRP056849G was awarded to Pike National Bank by Community Development Financial Institutions Fund (Department of the Treasury) on June 15, 2021.

How much is award 21RRP056849G worth?

$1,826,265 has been obligated on 21RRP056849G.

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