Southeast community capital - TN
Ended Project Grant Awarded
- Award ID
- SBAHQ24Y0123
- Recipient
-
Southeast Community Capital Corporation UEI NZ8AM9BJUPJ5
- Awarding agency
-
Office of the Chief Operating Officer
Small Business Administration
- Obligated
- $292,134
Award facts
- Assistance listing
- 59.046 Microloan Program
- Completion date
- Funding agency
- Office of Capital Access Small Business Administration
- Place of performance
- 1417 Murfreesboro Pike, Nashville, TN 37217, USA
Award details come from USAspending.gov.
About this award
The U.S. Small Business Administration (SBA) awarded a $292,134 Microloan Program (CFDA 59.046) project grant to Southeast Community Capital Corporation, a non-profit community development corporation and certified Community Development Financial Institution (CDFI) based in Tennessee. The grant funding will enable Southeast Community Capital to provide microloans up to $50,000 and accompanying technical assistance to support small businesses, particularly those owned by women, minorities, and low-income individuals in underserved communities across the Appalachian region. The project period for this grant runs from July 1, 2024, to June 30, 2025. As a recipient of multiple federal grants, Southeast Community Capital has established itself as a critical resource for economic development, delivering comprehensive services such as business coaching, financial literacy education, loan provision, and capacity-building support to small businesses in economically disadvantaged areas.
Quick answers
Who received award SBAHQ24Y0123?
SBAHQ24Y0123 was awarded to Southeast Community Capital Corporation by Office of the Chief Operating Officer (Small Business Administration) on July 1, 2024.
How much is award SBAHQ24Y0123 worth?
$292,134 has been obligated on SBAHQ24Y0123.
Which agency awarded SBAHQ24Y0123?
Office of the Chief Operating Officer (Small Business Administration) awarded SBAHQ24Y0123, with funding from Office of Capital Access (Small Business Administration).
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