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Ended Project Grant Awarded Last action

Award ID
SBAHQ24Y0111
Recipient
Awarding agency
Obligated
$224,943

Award facts

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

Award details come from USAspending.gov.

About this award

Written by GovTribe AI ·

The U.S. Small Business Administration (SBA) awarded a $224,943 Project Grant under the Microloan Program (CFDA 59.046) to the California Capital Small Business Financial Development Corporation, a nonprofit Community Development Financial Institution (CDFI) based in Sacramento, California. This grant funding will enable the organization to provide microloans up to $50,000 and technical assistance to small businesses, with a particular focus on enterprises owned by women, minorities, and low-income individuals in underserved communities. The grant period runs from Jul 1, 2024 to Jun 30, 2025. The Microloan Program supports entrepreneurship and economic development by providing access to capital and specialized business training, counseling, and technical assistance to prospective and existing small business borrowers in economically disadvantaged regions across the United States.

Quick answers

Who received award SBAHQ24Y0111?

SBAHQ24Y0111 was awarded to California Capital Small Business Financial Development Corporation by Office of the Chief Operating Officer (Small Business Administration) on July 1, 2024.

How much is award SBAHQ24Y0111 worth?

$224,943 has been obligated on SBAHQ24Y0111.

Which agency awarded SBAHQ24Y0111?

Office of the Chief Operating Officer (Small Business Administration) awarded SBAHQ24Y0111, with funding from Office of Capital Access (Small Business Administration).

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