Community teamwork INC. - MA

Ended Project Grant Awarded

Award ID
SBAHQ24Y0118
Recipient
Awarding agency
Obligated
$134,871

Award facts

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

Award details come from USAspending.gov.

About this award

Written by GovTribe AI ·

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 underserved communities within the Greater Lowell area. As a nonprofit organization and Community Development Financial Institution (CDFI), Community Teamwork Inc. has extensive experience in delivering diverse social services and community development initiatives funded by various federal agencies, including the Departments of Labor, Housing and Urban Development, Agriculture, and Health and Human Services.

Quick answers

Who received award SBAHQ24Y0118?

SBAHQ24Y0118 was awarded to Community Teamwork Inc. by Office of the Chief Operating Officer (Small Business Administration) on July 1, 2024.

How much is award SBAHQ24Y0118 worth?

$134,871 has been obligated on SBAHQ24Y0118.

Which agency awarded SBAHQ24Y0118?

Office of the Chief Operating Officer (Small Business Administration) awarded SBAHQ24Y0118, with funding from Office of Capital Access (Small Business Administration).

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