Rockingham econ DEV corp (redc) - NH
Ended Project Grant Awarded
- Award ID
- SBAHQ24Y0121
- Recipient
-
Rockingham Economic Development Corp UEI QNHGC1XLAV99
- Awarding agency
-
Office of the Chief Operating Officer
Small Business Administration
- Obligated
- $306,836
Award facts
- Assistance listing
- 59.046 Microloan Program
- Completion date
- Funding agency
- Office of Capital Access Small Business Administration
- Place of performance
- Raymond, NH, USA
Award details come from USAspending.gov.
About this award
This $306,836 federal Project Grant award to Rockingham Economic Development Corp (REDC), a nonprofit community development corporation and microlender located in Raymond, New Hampshire, was provided by the U.S. Small Business Administration's (SBA) Microloan Program (CFDA #59.046).
The grant funding enables REDC 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. This aligns with the Microloan Program's objective of fostering entrepreneurship and economic development in areas lacking traditional credit access. The grant has a performance period from July 1, 2024 to June 30, 2025.
Quick answers
Who received award SBAHQ24Y0121?
SBAHQ24Y0121 was awarded to Rockingham Economic Development Corp by Office of the Chief Operating Officer (Small Business Administration) on July 1, 2024.
How much is award SBAHQ24Y0121 worth?
$306,836 has been obligated on SBAHQ24Y0121.
Which agency awarded SBAHQ24Y0121?
Office of the Chief Operating Officer (Small Business Administration) awarded SBAHQ24Y0121, with funding from Office of Capital Access (Small Business Administration).
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