Cdfi rapid response program award
Ended Project Grant Awarded
- Award ID
- 21RRP056869G
- Recipient
-
Progressive National Bank UEI P8LPG9P4YUB3
- 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
Progressive 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 (CFDA #21.024).
Under the two-year award ending December 31, 2023, Progressive National Bank will utilize the funding to deliver programs and services to support communities and businesses preparing for and responding to the economic effects of COVID-19. As a CDFI, the bank is well-positioned to provide targeted assistance in impacted areas through this funding from the Treasury Department's CDFI Rapid Response Program.
Quick answers
Who received award 21RRP056869G?
21RRP056869G was awarded to Progressive National Bank by Community Development Financial Institutions Fund (Department of the Treasury) on June 15, 2021.
How much is award 21RRP056869G worth?
$1,826,265 has been obligated on 21RRP056869G.
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