Training and technical assistance to SBA microloan program borrowers and prospective borrowers

Ended Project Grant Awarded Last action

Award ID
SBAHQ22Y0039
Recipient
Awarding agency
Obligated
$1,073,892

Award facts

Assistance listing
59.046 Microloan Program
Completion date
Funding
  • $536,946.00 Federal
  • $536,946.00 Non-federal
Funding agency
Office of Capital Access Small Business Administration
Place of performance
London, KY, USA

Award details come from USAspending.gov.

About this award

Written by GovTribe AI ·

The Small Business Administration Office of Capital Access awarded a $1,073,892 Project Grant to the Kentucky Highlands Investment Corp to provide training and technical assistance to Small Business Administration Microloan Program borrowers and prospective borrowers from July 1, 2022 to June 30, 2023.

The grant funding will support Kentucky Highlands Investment Corp in delivering training and technical assistance services to clients under the SBA's Microloan Program (CFDA #59.046). The Microloan Program aims to assist entrepreneurs, business owners, and individuals in underserved areas by providing access to small, short-term loans and business support services to help start and grow small businesses. The services funded through this award will help microloan borrowers and applicants in London, Kentucky gain skills and guidance that can help them successfully operate their own business concerns.

Quick answers

Who received award SBAHQ22Y0039?

SBAHQ22Y0039 was awarded to Kentucky Highlands Investment Corporation by Office of the Chief Operating Officer (Small Business Administration) on July 1, 2022.

How much is award SBAHQ22Y0039 worth?

$1,073,892 has been obligated on SBAHQ22Y0039: $536,946 in federal funding and $536,946 in non-federal funding.

Which agency awarded SBAHQ22Y0039?

Office of the Chief Operating Officer (Small Business Administration) awarded SBAHQ22Y0039, with funding from Office of Capital Access (Small Business Administration).

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