Renaissance community loan fund INC. - MS

Ended Project Grant Awarded

Award ID
SBAHQ24Y0097
Recipient
Awarding agency
Obligated
$486,034

Award facts

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

Award details come from USAspending.gov.

About this award

Written by GovTribe AI ·

The Renaissance Community Loan Fund Inc., a nonprofit community development organization in Mississippi, received a $486,034 Project Grant from the U.S. Small Business Administration's (SBA) Microloan Program (CFDA 59.046) on July 1, 2024. This federal grant award will enable Renaissance Community Loan Fund 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 Mississippi communities. The organization has a history of utilizing over $5 million in SBA Microloan Program and Department of Treasury Community Development Financial Institutions (CDFI) Fund grants to offer microlending, business support services, and community development activities that increase access to credit, capital, and economic opportunities for disadvantaged populations.

Quick answers

Who received award SBAHQ24Y0097?

SBAHQ24Y0097 was awarded to Renaissance Community Loan Fund Inc. by Office of the Chief Operating Officer (Small Business Administration) on July 1, 2024.

How much is award SBAHQ24Y0097 worth?

$486,034 has been obligated on SBAHQ24Y0097.

Which agency awarded SBAHQ24Y0097?

Office of the Chief Operating Officer (Small Business Administration) awarded SBAHQ24Y0097, with funding from Office of Capital Access (Small Business Administration).

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