Covid relief for biofuel producers grants
Ended Project Grant Awarded
- Award ID
- CLSS00000072481
- Recipient
-
Alto Ingredients Inc. UEI Z7JYMVKKJ6B5
- Awarding agency
-
Rural Business Cooperative Services
Washington Office, Department of Agriculture
- Obligated
- $45,303,808
Award facts
- Assistance listing
- 10.378 Biofuel Producer Program
- Completion date
- Funding
-
- $22,651,903.94 Federal
- $22,651,903.94 Non-federal
- Place of performance
- Illinois, USA
Award details come from USAspending.gov.
About this award
The Department of Agriculture Rural Housing Service awarded a $45,303,807.88 Project Grant to Alto Ingredients Inc. under the Biofuel Producer Program (CFDA 10.378). The grant will provide payments to the biofuel producer for unexpected market losses incurred due to COVID-19. As described in the program details, the Biofuel Producer Program aims to make payments to eligible biofuel producers for market losses resulting from the COVID-19 pandemic. The grant funding will support Alto Ingredients Inc. in recovering revenue shortfalls caused by disruptions to the biofuel industry and related markets in 2020-2021. The award period is May 5, 2022 through May 5, 2024.
Transactions
| Action | Federal | Non-federal | Date |
|---|---|---|---|
| Amendment | -$821,729 | -$821,729 | |
| Amendment | $23,523,117 | $23,523,117 | |
| Original award | -$49,484 | -$49,484 |
Quick answers
Who received award CLSS00000072481?
CLSS00000072481 was awarded to Alto Ingredients Inc. by Rural Business Cooperative Services (Washington Office) on May 5, 2022.
How much is award CLSS00000072481 worth?
$45,303,808 has been obligated on CLSS00000072481: $22,651,904 in federal funding and $22,651,904 in non-federal funding.
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