Charleston LDC - SC

Ended Project Grant Awarded

Award ID
SBAHQ24Y0093
Recipient
Awarding agency
Obligated
$544,422

Award facts

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

Award details come from USAspending.gov.

About this award

The U.S. Small Business Administration (SBA) awarded a $544,422 Project Grant under the Microloan Program (CFDA 59.046) to the Charleston Citywide Local Development Corporation (doing business as Climb Fund), a nonprofit Community Development Financial Institution located in Charleston, South Carolina. The grant funds are intended to support Climb Fund's delivery of 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. The project period runs from July 1, 2024, to June 30, 2025. Through this federal grant award, Climb Fund will provide access to capital and business development services to foster entrepreneurship and economic growth in the Charleston area.

Quick answers

Who received award SBAHQ24Y0093?

SBAHQ24Y0093 was awarded to Climb Fund by Office of the Chief Operating Officer (Small Business Administration) on July 1, 2024.

How much is award SBAHQ24Y0093 worth?

$544,422 has been obligated on SBAHQ24Y0093.

Which agency awarded SBAHQ24Y0093?

Office of the Chief Operating Officer (Small Business Administration) awarded SBAHQ24Y0093, with funding from Office of Capital Access (Small Business Administration).

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