Microloan program

Ended Project Grant Awarded Last action

Award ID
SBAHQ22Y0018
Recipient
Awarding agency
Obligated
$309,940

Award facts

Assistance listing
59.046 Microloan Program
Completion date
Funding
  • $154,970.00 Federal
  • $154,970.00 Non-federal
Funding agency
Office of Capital Access Small Business Administration
Place of performance
Portland, OR, USA

Award details come from USAspending.gov.

About this award

The Oregon Association of Minority Entrepreneurs Credit Corp Inc. (OAMECCI) was awarded a $309,940 Project Grant from the U.S. Small Business Administration (SBA) under the Microloan Program (CFDA #59.046) to provide microloans and technical assistance to small businesses in Portland, Oregon from July 1, 2022 to June 30, 2023. The Microloan Program aims to assist women, low-income, and minority entrepreneurs and small business owners in underserved areas lacking access to credit. Through this funding, OAMECCI will deliver direct microloans to local entrepreneurs to help start or expand their small businesses, coupled with training and counseling to support business success.

Quick answers

Who received award SBAHQ22Y0018?

SBAHQ22Y0018 was awarded to Oregon Association Of Minority Entrepreneurs by Office of the Chief Operating Officer (Small Business Administration) on July 1, 2022.

How much is award SBAHQ22Y0018 worth?

$309,940 has been obligated on SBAHQ22Y0018: $154,970 in federal funding and $154,970 in non-federal funding.

Which agency awarded SBAHQ22Y0018?

Office of the Chief Operating Officer (Small Business Administration) awarded SBAHQ22Y0018, with funding from Office of Capital Access (Small Business Administration).

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