Pre loan & post loan technical assistance to support small businesses
Ended Project Grant Awarded Last action
- Award ID
- SBAHQ22Y0044
- Recipient
-
Neighborhood Development Center Inc. UEI MTCTJKT9JS54
- Awarding agency
-
Office of the Chief Operating Officer
Small Business Administration
- Obligated
- $713,002
Award facts
- Assistance listing
- 59.046 Microloan Program
- Completion date
- Funding
-
- $356,501.00 Federal
- $356,501.00 Non-federal
- Funding agency
- Office of Capital Access Small Business Administration
- Place of performance
- St Paul, MN, USA
Award details come from USAspending.gov.
About this award
The Neighborhood Development Center Inc. was awarded a $713,002 Project Grant from the Small Business Administration Office of Capital Access under the Microloan Program (CFDA 59.046) to provide pre-loan and post-loan technical assistance to support small businesses from July 1, 2022 to June 30, 2023. The Microloan Program aims to assist entrepreneurs and small business owners in underserved areas by providing credit and support services. Under this award, Neighborhood Development Center will deliver technical assistance to entrepreneurs and business owners in St. Paul, Minnesota, helping them develop successful loan applications and business plans to access microloans of $50,000 or less, as well as ongoing educational support and training to establish and grow their operations.
Quick answers
Who received award SBAHQ22Y0044?
SBAHQ22Y0044 was awarded to Neighborhood Development Center Inc. by Office of the Chief Operating Officer (Small Business Administration) on July 1, 2022.
How much is award SBAHQ22Y0044 worth?
$713,002 has been obligated on SBAHQ22Y0044: $356,501 in federal funding and $356,501 in non-federal funding.
Which agency awarded SBAHQ22Y0044?
Office of the Chief Operating Officer (Small Business Administration) awarded SBAHQ22Y0044, with funding from Office of Capital Access (Small Business Administration).
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