Covid relief for biofuel producers grants
Ended Project Grant Awarded
- Award ID
- CLSS00000072467
- Recipient
-
Bridgeport Ethanol LLC UEI FV8DHV2KJGV3
- Awarding agency
-
Rural Business Cooperative Services
Washington Office, Department of Agriculture
- Obligated
- $7,664,692
Award facts
- Assistance listing
- 10.378 Biofuel Producer Program
- Completion date
- Funding
-
- $3,832,346.11 Federal
- $3,832,346.11 Non-federal
- Place of performance
- Nebraska, USA
Award details come from USAspending.gov.
About this award
The Department of Agriculture Rural Housing Service awarded a $7.6 million Project Grant to Bridgeport Ethanol LLC through the Biofuel Producer Program (CFDA 10.378). The grant will support Bridgeport Ethanol in producing biofuels by offsetting unexpected market losses incurred from May 2022 to May 2024 due to the COVID-19 pandemic. The Biofuel Producer Program aims to provide payments to eligible biofuel producers that experienced unforeseen financial strain resulting from COVID-19's impact on energy commodity prices and fuel demand. The funding will assist Bridgeport Ethanol in maintaining biofuel production operations during the recovery period.
Transactions
| Action | Federal | Non-federal | Date |
|---|---|---|---|
| Amendment | $3,979,742 | $3,979,742 | |
| Original award | -$147,395 | -$147,395 |
Quick answers
Who received award CLSS00000072467?
CLSS00000072467 was awarded to Bridgeport Ethanol LLC by Rural Business Cooperative Services (Washington Office) on May 5, 2022.
How much is award CLSS00000072467 worth?
$7,664,692 has been obligated on CLSS00000072467: $3,832,346 in federal funding and $3,832,346 in non-federal funding.
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