The EDA investment will provide funding for a new RLF program for the south eastern economic development corporation?s seven (7) county lending region, for business start-UPS and expansions, working…

Ended Project Grant Awarded Last action

Award ID
ED24PHI0G0505
Recipient
Awarding agency
Obligated
$3,000,000

Award facts

Assistance listing
11.307 Economic Adjustment Assistance
Completion date
Funding
  • $1,500,000.00 Federal
  • $1,500,000.00 Non-federal
Place of performance
Taunton, MA 02780, USA

Award details come from USAspending.gov.

Description

The EDA investment will provide funding for a new RLF program for the south eastern economic development corporation?s seven (7) county lending region, for business start-UPS and expansions, working capital, and equipment purchasing, resulting in 100 new jobs, 50 jobs retained and $9M in private investment made in MA communities.

Quick answers

Who received award ED24PHI0G0505?

ED24PHI0G0505 was awarded to South Eastern Economic Development Corporation by Economic Development Administration (Department of Commerce) on August 28, 2024.

How much is award ED24PHI0G0505 worth?

$3,000,000 has been obligated on ED24PHI0G0505: $1,500,000 in federal funding and $1,500,000 in non-federal funding.

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