Ampac TRI-state CDC INC. - CA

Ended Project Grant Awarded

Award ID
SBAHQ24Y0098
Recipient
Awarding agency
Obligated
$474,030

Award facts

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

Award details come from USAspending.gov.

About this award

Written by GovTribe AI ·

The U.S. Small Business Administration (SBA) awarded a $474,030 Project Grant to AMPAC TRI-STATE CDC INC. - CA under the SBA Microloan Program (CFDA 59.046). This federal grant provides funding to the non-profit community development corporation to offer 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 award period is from July 1, 2024 to June 30, 2025. AMPAC TRI-STATE CDC INC. has a history of receiving federal grants from the SBA Office of Capital Access and the Community Development Financial Institutions (CDFI) Fund to support microloans, training programs, and general small business financial assistance. This federal grant continues AMPAC TRI-STATE CDC INC.'s efforts to foster entrepreneurship and economic development in areas lacking traditional credit access.

Quick answers

Who received award SBAHQ24Y0098?

SBAHQ24Y0098 was awarded to Ampac Tri-State Cdc, Inc. by Office of the Chief Operating Officer (Small Business Administration) on July 1, 2024.

How much is award SBAHQ24Y0098 worth?

$474,030 has been obligated on SBAHQ24Y0098.

Which agency awarded SBAHQ24Y0098?

Office of the Chief Operating Officer (Small Business Administration) awarded SBAHQ24Y0098, with funding from Office of Capital Access (Small Business Administration).

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