Covid relief for biofuel producers grants
Ended Project Grant Awarded
- Award ID
- CLSS00000072445
- Recipient
-
Elite Octane LLC UEI KTHKUCNNMKM6
- Awarding agency
-
Rural Business Cooperative Services
Washington Office, Department of Agriculture
- Obligated
- $13,886,930
Award facts
- Assistance listing
- 10.378 Biofuel Producer Program
- Completion date
- Funding
-
- $6,943,464.83 Federal
- $6,943,464.83 Non-federal
- Place of performance
- Iowa, USA
Award details come from USAspending.gov.
About this award
The Department of Agriculture Rural Housing Service awarded a $13,886,929.66 Project Grant to Elite Octane LLC on May 5, 2022 through the Biofuel Producer Program (CFDA 10.378). The grant will support Elite Octane in providing relief payments to eligible biofuel producers for unexpected market losses incurred due to COVID-19 through May 5, 2024. As outlined in the program description, the Biofuel Producer Program aims to make payments to biofuel producers under the CFDA to compensate for financial impacts from the COVID-19 pandemic in accordance with program guidelines. The award to Elite Octane will directly support biofuel producers in Iowa through this relief effort totaling nearly $14 million.
Transactions
| Action | Federal | Non-federal | Date |
|---|---|---|---|
| Amendment | -$251,884 | -$251,884 | |
| Amendment | $7,210,517 | $7,210,517 | |
| Original award | -$15,168 | -$15,168 |
Quick answers
Who received award CLSS00000072445?
CLSS00000072445 was awarded to Elite Octane LLC by Rural Business Cooperative Services (Washington Office) on May 5, 2022.
How much is award CLSS00000072445 worth?
$13,886,930 has been obligated on CLSS00000072445: $6,943,465 in federal funding and $6,943,465 in non-federal funding.
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