The Small Business Administration (SBA) Office of Capital Access awarded a $113,822 Project Grant under the Microloan Program (CFDA 59.046) to PPEP Microbusiness and Housing Development Corporation (PMHDC), a nonprofit community development organization in Tucson, Arizona. The award, effective July 1, 2024 through June 30, 2025, enables PMHDC to provide microloans up to $50,000 and accompanying business development training and technical assistance to women, minority, low-income, and other disadvantaged entrepreneurs and small business owners in southern Arizona. By facilitating access to affordable capital and support services, this federal grant funding helps foster microenterprise and economic opportunity in underserved communities.
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