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Ended Project Grant Awarded

Award ID
CLSS00000084782
Recipient
Awarding agency
Obligated
$100,000

Award facts

Assistance listing
10.868 Rural Energy for America Program
Completion date
Place of performance
Puerto Rico

Award details come from USAspending.gov.

About this award

The U.S. Department of Agriculture's Rural Business Cooperative Services awarded a $100,000 Project Grant under the Rural Energy for America Program (CFDA 10.868) to Pathstone Enterprise Center, LLC. The award, dated June 27, 2024, with a completion date of June 27, 2026, will support Pathstone Enterprise Center's efforts to provide financial and technical services to underserved entrepreneurs and small businesses in rural areas. This includes facilitating rural business expansion, job creation, and sustainable economic growth; helping build credit history and provide affordable alternative financing options; and supporting community pandemic response and recovery efforts. As a certified Community Development Financial Institution, Pathstone specializes in increasing access to capital and mainstream financial systems for underbanked populations. The grant will allow Pathstone to continue its work delivering direct small dollar loans, business training, and technical assistance to start-up and growing small businesses in rural communities.

Quick answers

Who received award CLSS00000084782?

CLSS00000084782 was awarded to Pathstone Enterprise Center, LLC by Rural Business Cooperative Services (Washington Office) on June 27, 2024.

How much is award CLSS00000084782 worth?

$100,000 has been obligated on CLSS00000084782.

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