Fresno community DEV financial institution - CA

Ended Project Grant Awarded Last action

Award ID
SBAHQ24Y0026
Recipient
Awarding agency
Obligated
$151,170

Award facts

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

Award details come from USAspending.gov.

About this award

Written by GovTribe AI ·

The U.S. Small Business Administration awarded a $151,170 Project Grant under the Microloan Program (CFDA 59.046) to the Fresno Community Development Financial Institution (doing business as Access Plus Capital), a mission-driven small business lender based in Fresno, California. The funding is intended to support Access Plus Capital's provision of microloans up to $50,000 and accompanying technical assistance services to small businesses, particularly those owned by women, minorities, and low-income individuals in underserved communities. As a subrecipient, Access Plus Capital has used the federal grant funding to reach rural small businesses and opportunity zone businesses with pre- and post-loan technical assistance. The award period is from July 1, 2024, to June 30, 2025.

Quick answers

Who received award SBAHQ24Y0026?

SBAHQ24Y0026 was awarded to Fresno Community Development Financial Institution by Office of the Chief Operating Officer (Small Business Administration) on July 1, 2024.

How much is award SBAHQ24Y0026 worth?

$151,170 has been obligated on SBAHQ24Y0026.

Which agency awarded SBAHQ24Y0026?

Office of the Chief Operating Officer (Small Business Administration) awarded SBAHQ24Y0026, with funding from Office of Capital Access (Small Business Administration).

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