FY22 congressional community project funding prosperus detroit micro lending

Ended Project Grant Awarded Last action

Award ID
SBAHQ22I0089
Recipient
Awarding agency
Obligated
$1,000,000

Award facts

Assistance listing
59.059 Congressional Grants
Completion date
Place of performance
Detroit, MI, USA

Award details come from USAspending.gov.

About this award

Written by GovTribe AI ·

The Small Business Administration awarded a $1 million Congressional Community Project Funding grant to Prosperus Detroit Micro Lending through the Congressional Grants program (CFDA 59.059). The grant period is from September 1, 2022 to August 31, 2023 to support small business development and entrepreneurship initiatives in Detroit, Michigan. Specifically, Prosperus Detroit Micro Lending will provide microloans and technical assistance to local entrepreneurs to help start and grow small businesses in the community. The Congressional Grants program aims to fund small business and economic development projects nominated by members of Congress, consistent with Prosperus Detroit Micro Lending's mission to promote entrepreneurship and economic opportunity through accessible financing and business support services.

Quick answers

Who received award SBAHQ22I0089?

SBAHQ22I0089 was awarded to Prosperus Detroit Micro Lending by Office of the Chief Operating Officer (Small Business Administration) on September 1, 2022.

How much is award SBAHQ22I0089 worth?

$1,000,000 has been obligated on SBAHQ22I0089.

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