Project Grant SBAHQ24Y0044
- The Small Business Administration (SBA) Microloan Program awarded a $150,818 formula grant to the Northwest Regional Planning Commission (NWR), a non-profit organization, to provide microloans as well as business training and technical assistance to start-up, newly established, and growing small businesses. This grant, under CFDA 59.046, aims to assist women, low-income, and minority entrepreneurs and small business owners in areas lacking access to credit. As the prime grantee, NWR will use the...
- The Small Business Administration (SBA) awarded $152,685 under the Microloan Program (CFDA #59.046) to the Northwest Regional Planning Commission (NWR) for the period of July 1, 2021 to June 30, 2022. The Microloan Program provides direct loans and grants to eligible non-profit microlenders to offer micro-level loans and business training/technical assistance to start-ups, new, and growing small businesses. Located in Spooner, Wisconsin, NWR will utilize the funding to provide microloans and...
- The Small Business Administration (SBA) Microloan Program awarded a $235,674 Formula Grant to First American Capital Corporation, Inc., a non-profit organization, for the period of July 1, 2023 to June 30, 2024. The Microloan Program (CFDA 59.046) provides direct loans and grants to eligible non-profit microlenders to support the provision of micro-level loans, business training, and technical assistance to start-up, newly established, and growing small business concerns, with a focus on...
- The Northwest Regional Planning Commission (NWR) will receive $134,395 through a Project Grant award from the Small Business Administration (SBA) Office of Capital Access. The grant funding will support the provision of training and technical assistance to SBA Microloan borrowers and prospective borrowers from July 1, 2022 to June 30, 2023. The grant funding assists NWR in delivering services that further the goals of the SBA's Microloan Program (CFDA #59.046). Specifically, the Microloan...
- The Small Business Administration (SBA) awarded $209,786 under the Microloan Program (CFDA #59.046) to the Northwest Minnesota Foundation for the period of July 1, 2021 to June 30, 2022. The Microloan Program provides direct loans and grants to eligible non-profit microlenders to offer micro-level loans and business training/technical assistance to start-ups, new, and growing small businesses. As the SBA sub-awardee, the Foundation will utilize the funding to provide microloans and business...
- The U.S. Small Business Administration (SBA) awarded a $740,794 Project Grant under the Microloan Program (CFDA 59.046) to the Seattle Economic Development Fund, also known as Business Impact NW, a non-profit Community Development Financial Institution (CDFI). The grant will enable the organization to provide microloans up to $50,000 and accompanying technical assistance to support small businesses, particularly those owned by women, minorities, veterans, and low-income individuals in...
- The Small Business Administration (SBA) awarded a $206,883 Project Grant under the Microloan Program (CFDA 59.046) to the Southwest Initiative Foundation, a non-profit organization based in Hutchinson, Minnesota. This grant, with a performance period from July 1, 2024 to June 30, 2025, will enable the Southwest Initiative Foundation to provide microloans up to $50,000 and technical assistance to small businesses, particularly those owned by women, minorities, and low-income individuals in...
- The Small Business Administration (SBA) Microloan Program provided a $413,303 formula grant to Northern Great Lakes Initiatives, a non-profit organization and community development corporation located in Marquette, Wisconsin. This grant, awarded on July 1, 2023, with a completion date of June 30, 2024, will enable Northern Great Lakes Initiatives to offer micro-level loans, business training, and technical assistance to start-up, newly established, and growing small business concerns, with a...
- The Small Business Administration (SBA) awarded a $184,483 Microloan Program (CFDA #59.046) formula grant to the Northwest Minnesota Foundation, a non-profit organization and foundation. This funding enables the Northwest Minnesota Foundation to provide micro-level loans of $50,000 or less, as well as business training and technical assistance, to start-ups, newly established, and growing small businesses in Bemidji, Minnesota and the surrounding region. The grant supports the Foundation's...
- The U.S. Small Business Administration (SBA) awarded a $281,455 Project Grant to the Wisconsin Women's Business Initiative Corporation (WWBIC) under the SBA Microloan Program (CFDA 59.046). The grant, which runs from July 1, 2024 to June 30, 2025, will enable WWBIC to provide microloans up to $50,000 and technical assistance to support small businesses, particularly those owned by women, minorities, and low-income individuals in underserved communities across Wisconsin. As a certified...
The U.S. Small Business Administration (SBA) awarded a $121,088 Microloan Program (CFDA 59.046) project grant to the Northwest Wisconsin Regional Planning Commission (NWR) on July 1, 2024. The grant will fund NWR, a nonprofit regional planning organization, to provide microloans up to $50,000 and technical assistance to small businesses, particularly those owned by women, minorities, and low-income individuals in underserved communities in northwest Wisconsin. The funding will enable NWR to offer working capital, inventory, supplies, and equipment financing to foster entrepreneurship and economic development in areas lacking traditional credit access. As a prime grantee, NWR has previously received funding to support small business lending, economic and community planning, and transportation planning initiatives in the region.
Mod # | Description | ReasonForModification | Federal Obligation | Date |
|---|---|---|---|---|
| Not listed | $121.1k | 7/1/24 |