The small business administration (SBA) microloan program provides direct loans and grants to eligible non-profit microlenders so that they may provide micro-level loans, and business based training…
Ended Project Grant Awarded Last action
- Award ID
- SBAHQ23Y0009
- Recipient
-
Latino Economic Development Corporation Of Washington, D.c. UEI TMC6R8ADXEJ5
- Awarding agency
-
Office of the Chief Operating Officer
Small Business Administration
- Obligated
- $233,188
Award facts
- Assistance listing
- 59.046 Microloan Program
- Completion date
- Funding agency
- Office of Capital Access Small Business Administration
- Place of performance
- Washington, DC, USA
Award details come from USAspending.gov.
About this award
The Small Business Administration awarded Latino Economic Development Corporation of Washington DC $233,188 through the Microloan Program (CFDA 59.046) from July 1, 2023 to June 30, 2024. As a subrecipient, Latino Economic Development Center will provide microloans, business training, and technical assistance to start-ups and small businesses. The Center will deliver these services to disadvantaged entrepreneurs in accordance with the Microloan Program's goal of expanding access to credit for women, low-income, and minority-owned businesses in underserved areas.
Description
The small business administration (SBA) microloan program provides direct loans and grants to eligible non-profit microlenders so that they may provide micro-level loans, and business based training and technical assistance to start- up, newly established and growing small business concerns.
Quick answers
Who received award SBAHQ23Y0009?
SBAHQ23Y0009 was awarded to Latino Economic Development Corporation Of Washington, D.c. by Office of the Chief Operating Officer (Small Business Administration) on July 1, 2023.
How much is award SBAHQ23Y0009 worth?
$233,188 has been obligated on SBAHQ23Y0009.
Which agency awarded SBAHQ23Y0009?
Office of the Chief Operating Officer (Small Business Administration) awarded SBAHQ23Y0009, with funding from Office of Capital Access (Small Business Administration).
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