Vermont community loan fund INC. - VT

Ended Project Grant Awarded

Award ID
SBAHQ24Y0061
Recipient
Awarding agency
Obligated
$166,045

Award facts

Assistance listing
59.046 Microloan Program
Completion date
Funding agency
Office of Capital Access Small Business Administration
Place of performance
Montpelier, VT 05602, USA

Award details come from USAspending.gov.

About this award

Written by GovTribe AI ·

The Small Business Administration (SBA) awarded a $166,045 Microloan Program (CFDA 59.046) project grant to the Vermont Community Loan Fund, Inc. on July 1, 2024. The grant is intended to support the organization's efforts 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 Vermont. Over the past several years, the Vermont Community Loan Fund has received over $5 million in federal prime and sub awards to carry out its community development mission, including funding from the CDFI program, the SBA Microloan program, and the CARES Act Revolving Loan Fund. This latest SBA Microloan Program grant will enable the organization to continue expanding access to capital and technical assistance for small businesses and entrepreneurs in Vermont.

Quick answers

Who received award SBAHQ24Y0061?

SBAHQ24Y0061 was awarded to Vermont Community Loan Fund, Inc. by Office of the Chief Operating Officer (Small Business Administration) on July 1, 2024.

How much is award SBAHQ24Y0061 worth?

$166,045 has been obligated on SBAHQ24Y0061.

Which agency awarded SBAHQ24Y0061?

Office of the Chief Operating Officer (Small Business Administration) awarded SBAHQ24Y0061, with funding from Office of Capital Access (Small Business Administration).

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