SBA microloan TA program
Ended Project Grant Awarded Last action
- Award ID
- SBAHQ22Y0025
- Recipient
-
Northeast Entrepreneur Fund, Inc. UEI XX8MXJNE8KK7
- Awarding agency
-
Office of the Chief Operating Officer
Small Business Administration
- Obligated
- $5,717,132
Award facts
- Assistance listing
- 59.046 Microloan Program
- Completion date
- Funding
-
- $2,858,566.00 Federal
- $2,858,566.00 Non-federal
- Funding agency
- Office of Capital Access Small Business Administration
- Place of performance
- Duluth, MN, USA
Award details come from USAspending.gov.
About this award
The Small Business Administration (SBA) awarded a $5,717,132 Project Grant to Northeast Entrepreneur Fund, Inc. DBA Entrepreneur Fund under the Microloan Program (CFDA #59.046) for the period of July 1, 2022 to June 30, 2023.
The Microloan Program aims to assist women, low-income, and minority entrepreneurs as well as small businesses in underserved areas lacking access to credit. Through this award, Entrepreneur Fund will provide technical assistance and capital access services to support eligible small businesses and entrepreneurs in developing and maintaining successful microenterprises. Key services may include business planning, loan packaging, financial literacy training, and microloans of $5k or less. The funding will support Entrepreneur Fund's work serving small businesses in Duluth, Minnesota.
Quick answers
Who received award SBAHQ22Y0025?
SBAHQ22Y0025 was awarded to Northeast Entrepreneur Fund, Inc. by Office of the Chief Operating Officer (Small Business Administration) on July 1, 2022.
How much is award SBAHQ22Y0025 worth?
$5,717,132 has been obligated on SBAHQ22Y0025: $2,858,566 in federal funding and $2,858,566 in non-federal funding.
Which agency awarded SBAHQ22Y0025?
Office of the Chief Operating Officer (Small Business Administration) awarded SBAHQ22Y0025, with funding from Office of Capital Access (Small Business Administration).
On GovTribe
See this award's full record
- Every transaction and subaward
- The recipient's other awards and teaming partners
- Similar grant awards
- Ask GovTribe AI about this award