Project Grant SBAHQ24Y0103
- The Small Business Administration (SBA) Microloan Program, identified by CFDA Number 59.046, awarded a $453,047 Formula Grant to the South Eastern Economic Development Corporation (SEED Corp), a non-profit community development corporation located in Taunton, Massachusetts. This grant funding enables SEED Corp to provide direct microloans under $50,000 to start-up, newly established, and growing small business concerns, particularly women, low-income, and minority entrepreneurs. The grant also...
- The South Eastern Economic Development Corporation received a $547,974 Formula Grant award from the Small Business Administration under the Microloan Program (CFDA #59.046) to provide microloans and business assistance services to small businesses from July 2021 to June 2022. As part of the Microloan Program, the Corporation will use the funding to offer direct loans of $50,000 or less to eligible small businesses and entrepreneurs in Taunton, Massachusetts. In addition, the Corporation will...
- The Small Business Administration (SBA) awarded a $107,338 Microloan Program (CFDA 59.046) Formula Grant to the New Bedford Economic Development Council, Inc., a nonprofit organization, to provide microloans, business training, and technical assistance to start-up, newly established, and growing small businesses in New Bedford, Massachusetts. As a microlender, the Council will utilize the SBA funding to issue microloans under $50,000 and deliver business-based training and support services, with...
- The Small Business Administration (SBA) awarded $163,747 to the New Bedford Economic Development Council, Inc. through the Microloan Program (CFDA #59.046) to provide microloans and business assistance to small businesses in New Bedford, Massachusetts from July 1, 2021 to June 30, 2022. As a microlender under the SBA Microloan Program, the Council will use the funding to issue micro-level loans of $50,000 or less to start-up, newly established, and growing small business concerns. In addition,...
- The U.S. Small Business Administration's (SBA) Office of Capital Access awarded a $230,126 Project Grant to Common Capital, Inc., a non-profit Community Development Financial Institution (CDFI) located in Springfield, MA, under the Microloan Program (CFDA 59.046). This grant, with a performance period from July 1, 2025 to June 30, 2026, enables Common Capital to provide microloans up to $50,000, coupled with comprehensive business training and technical assistance, to support start-up, newly...
- This Project Grant award of $361,513.00 from the Small Business Administration (SBA) Microloan Program (CFDA 59.046) was provided to Coastal Enterprises, Inc. (CEI), a non-profit community development financial institution (CDFI) in Brunswick, Maine. The award will fund CEI'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. Through this award, CEI...
- The Community Economic Development Fund Foundation, Inc. was awarded a $427,128 Project Grant from the U.S. Small Business Administration's (SBA) Microloan Program (CFDA #59.046) with a performance period from July 1, 2025 to June 30, 2026. The grant supports the organization's work in delivering microloans up to $50,000 and comprehensive business development services, with a focus on assisting women, minority, and low-income entrepreneurs in the Meriden, CT area who lack access to traditional...
- The Small Business Administration awarded $191,164.33 under the Microloan Program (CFDA #59.046) to Southeast Community Capital Corporation for the period of July 1, 2021 through June 7, 2022. The Microloan Program provides direct loans and grants to eligible non-profit microlenders to offer micro-level loans and business training/technical assistance to start-ups, new, and growing small businesses. As the sub-awardee, Southeast Community Capital will utilize the funding to provide microloans...
- The U.S. Small Business Administration (SBA) awarded a $134,871 Project Grant to Community Teamwork Inc., a large community action agency based in Lowell, Massachusetts, under the SBA's Microloan Program (CFDA 59.046). The grant, effective from July 1, 2024, to June 30, 2025, is intended to support Community Teamwork Inc.'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...
- The New Bedford Economic Development Council, Inc. was awarded a $145,303 Project Grant from the Small Business Administration Office of Capital Access under the Microloan Program (CFDA 59.046) for the period of July 1, 2022 through June 30, 2023. The grant funding will support the Council's provision of technical assistance services to women, low-income, minority and other entrepreneurs and small business owners in need of access to credit in the New Bedford, Massachusetts area. The Microloan...
The U.S. Small Business Administration (SBA) awarded a $375,704 Project Grant under the Microloan Program (CFDA 59.046) to the South Eastern Economic Development Corporation (SEED Corp), a non-profit community development corporation in Taunton, Massachusetts. The funding will enable SEED Corp, a Community Development Financial Institution (CDFI), to provide 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 in the region. This aligns with the Microloan Program's mission to foster entrepreneurship and economic development in areas lacking traditional credit access. The grant award has a performance period from July 1, 2024 to June 30, 2025.
Mod # | Description | ReasonForModification | Federal Obligation | Date |
|---|---|---|---|---|
| Not listed | $375.7k | 7/1/24 |