Center for rural affairs community capital - NE

Ended Project Grant Awarded

Award ID
SBAHQ24Y0116
Recipient
Awarding agency
Obligated
$362,577

Award facts

Assistance listing
59.046 Microloan Program
Completion date
Funding agency
Office of Capital Access Small Business Administration
Place of performance
Lyons, NE 68038, USA

Award details come from USAspending.gov.

About this award

Written by GovTribe AI ·

The Center For Rural Affairs Community Capital received a $362,577 Project Grant award on July 1, 2024 from the U.S. Small Business Administration's Microloan Program (CFDA 59.046). This federal grant supports the organization's efforts 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 rural communities. The funding enables the Center For Rural Affairs Community Capital to enhance management capabilities, increase access to capital, and foster economic development through comprehensive business support mechanisms such as financial education, business coaching, and capacity-building services. This award is part of the SBA's broader initiative to support entrepreneurship and small business growth in areas lacking traditional credit access.

Quick answers

Who received award SBAHQ24Y0116?

SBAHQ24Y0116 was awarded to Center For Rural Affairs Community Capital by Office of the Chief Operating Officer (Small Business Administration) on July 1, 2024.

How much is award SBAHQ24Y0116 worth?

$362,577 has been obligated on SBAHQ24Y0116.

Which agency awarded SBAHQ24Y0116?

Office of the Chief Operating Officer (Small Business Administration) awarded SBAHQ24Y0116, with funding from Office of Capital Access (Small Business Administration).

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