Expenses for providing technical assistance including (but not limiting to)loan officers preparations/ delivery of pre/post loan technical assistance, personnel expenses, training, supplies, etc
Ended Project Grant Awarded Last action
- Award ID
- SBAHQ22Y0106
- Recipient
-
African Development Center UEI TCSTLVATWZM6
- Awarding agency
-
Office of the Chief Operating Officer
Small Business Administration
- Obligated
- $171,500
Award facts
- Assistance listing
- 59.046 Microloan Program
- Completion date
- Funding agency
- Office of Capital Access Small Business Administration
- Place of performance
- Minneapolis, MN, USA
Award details come from USAspending.gov.
About this award
The African Development Center will receive $171,500 through June 30, 2023 from the Small Business Administration Office of Capital Access under the Microloan Program (CFDA #59.046) to provide technical assistance services. Specifically, the funding will support expenses including loan officer preparations and delivery of pre-loan and post-loan technical assistance, personnel, training, and supplies. The Microloan Program aims to assist underserved entrepreneurs and business owners through access to small, short-term loans and training/technical assistance for areas lacking credit availability. The African Development Center will leverage this funding to deliver technical assistance supporting entrepreneurship in Minneapolis, Minnesota through the award period.
Quick answers
Who received award SBAHQ22Y0106?
SBAHQ22Y0106 was awarded to African Development Center by Office of the Chief Operating Officer (Small Business Administration) on July 1, 2022.
How much is award SBAHQ22Y0106 worth?
$171,500 has been obligated on SBAHQ22Y0106.
Which agency awarded SBAHQ22Y0106?
Office of the Chief Operating Officer (Small Business Administration) awarded SBAHQ22Y0106, with funding from Office of Capital Access (Small Business Administration).
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