Trenton business assistance corp - NJ

Ended Project Grant Awarded

Award ID
SBAHQ24Y0059
Recipient
Awarding agency
Obligated
$185,939

Award facts

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

Award details come from USAspending.gov.

About this award

Written by GovTribe AI ·

The Trenton Business Assistance Corporation (TBAC), doing business as Regional Business Assistance, received a $185,939 Project Grant award from the U.S. Small Business Administration's (SBA) Microloan Program (CFDA 59.046) for the period of July 1, 2024 to June 30, 2025. As an SBA Microloan intermediary lender and technical assistance provider, TBAC will utilize the grant funding to issue microloans of up to $50,000 to start-up and existing small businesses in Trenton, NJ, as well as deliver associated training and technical assistance to entrepreneurs, particularly women, minorities, and low-income individuals. This grant award is part of the SBA's Microloan Program, which is designed to support small businesses in underserved communities by providing funding to nonprofit organizations to offer microloans and business development services.

Quick answers

Who received award SBAHQ24Y0059?

SBAHQ24Y0059 was awarded to Trenton Business Assistance Corporation by Office of the Chief Operating Officer (Small Business Administration) on July 1, 2024.

How much is award SBAHQ24Y0059 worth?

$185,939 has been obligated on SBAHQ24Y0059.

Which agency awarded SBAHQ24Y0059?

Office of the Chief Operating Officer (Small Business Administration) awarded SBAHQ24Y0059, with funding from Office of Capital Access (Small Business Administration).

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