Ppep microbusiness and housing DEV corp - AZ

Ended Project Grant Awarded

Award ID
SBAHQ24Y0049
Recipient
Awarding agency
Obligated
$113,822

Award facts

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

Award details come from USAspending.gov.

About this award

Written by GovTribe AI ·

The U.S. Small Business Administration (SBA) awarded a $113,822 Project Grant to PPEP Microbusiness and Housing Development Corporation (PMHDC) under the Microloan Program (CFDA 59.046). The grant, with a performance period from July 1, 2024, to June 30, 2025, will allow PMHDC to provide microloans up to $50,000 and accompanying technical assistance to small businesses, particularly those owned by women, minorities, and low-income individuals in underserved communities in the Tucson, Arizona area. As an experienced microlending organization and community development corporation, PMHDC will leverage this federal funding to foster entrepreneurship and economic development by increasing access to credit and business support services for disadvantaged entrepreneurs lacking traditional financing options.

Quick answers

Who received award SBAHQ24Y0049?

SBAHQ24Y0049 was awarded to Ppep Microbusiness And Housing Development Corporation by Office of the Chief Operating Officer (Small Business Administration) on July 1, 2024.

How much is award SBAHQ24Y0049 worth?

$113,822 has been obligated on SBAHQ24Y0049.

Which agency awarded SBAHQ24Y0049?

Office of the Chief Operating Officer (Small Business Administration) awarded SBAHQ24Y0049, with funding from Office of Capital Access (Small Business Administration).

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