SBA microloan TA 2022

Ended Project Grant Awarded Last action

Award ID
SBAHQ22Y0131
Recipient
Awarding agency
Obligated
$194,158

Award facts

Assistance listing
59.046 Microloan Program
Completion date
Funding agency
Office of Capital Access Small Business Administration
Place of performance
Fort Wayne, IN, USA

Award details come from USAspending.gov.

About this award

Community Action of Northeast Indiana Inc., doing business as Brightpoint, was awarded a $194,158 Project Grant from the Small Business Administration (SBA) under the Microloan Program (CFDA #59.046) to provide technical assistance services from July 1, 2022 to June 30, 2023.

The Microloan Program aims to assist women, low-income, and minority entrepreneurs as well as small business owners in underserved areas through access to small, short-term loans for start-up and working capital needs. In addition to facilitating access to capital through microloans of $50,000 or less, the Program supports recipients with training and technical assistance services. As a sub-awardee, Brightpoint will utilize the SBA funding to deliver technical assistance that builds the skills of small business owners and entrepreneurs in northeast Indiana, helping them develop successful business operations and access necessary financing resources.

Quick answers

Who received award SBAHQ22Y0131?

SBAHQ22Y0131 was awarded to Community Action Of Northeast Indiana Inc. by Office of the Chief Operating Officer (Small Business Administration) on July 1, 2022.

How much is award SBAHQ22Y0131 worth?

$194,158 has been obligated on SBAHQ22Y0131.

Which agency awarded SBAHQ22Y0131?

Office of the Chief Operating Officer (Small Business Administration) awarded SBAHQ22Y0131, with funding from Office of Capital Access (Small Business Administration).

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