BOC capital corporation - NY FY25
Ended Project Grant Awarded Last action
- Award ID
- SBAHQ25Y0012
- Recipient
-
BOC Capital Corp. UEI DYFJKCT5WUD9
- Awarding agency
-
Office of the Chief Operating Officer
Small Business Administration
- Obligated
- $373,309
Award facts
- Assistance listing
- 59.046 Microloan Program
- Completion date
- Funding agency
- Office of Capital Access Small Business Administration
- Place of performance
- Brooklyn, NY, USA
Award details come from USAspending.gov.
About this award
BOC Capital Corp. received a $373,309 Project Grant from the Small Business Administration's (SBA) Office of Capital Access under the Microloan Program (CFDA 59.046) for the period July 1, 2025 through June 30, 2026. As an intermediary lender, BOC Capital Corp. will utilize this funding to provide marketing, management, and technical assistance services to prospective and current microborrowers in the Brooklyn, New York area, as well as training support for organizational staff participating in the microlending operation.
The Microloan Program award enables BOC Capital Corp. to continue its core mission of supporting underserved entrepreneurs, particularly women, minority, and low-income business owners, by facilitating access to microloans of up to $50,000 for working capital, inventory, supplies, equipment, and related business needs. The grant funding supports the organization's capacity to deliver comprehensive business training and technical assistance that complements the direct lending activities provided to startup, newly established, and growing small business concerns within underserved communities.
Quick answers
Who received award SBAHQ25Y0012?
SBAHQ25Y0012 was awarded to BOC Capital Corp. by Office of the Chief Operating Officer (Small Business Administration) on July 1, 2025.
How much is award SBAHQ25Y0012 worth?
$373,309 has been obligated on SBAHQ25Y0012.
Which agency awarded SBAHQ25Y0012?
Office of the Chief Operating Officer (Small Business Administration) awarded SBAHQ25Y0012, with funding from Office of Capital Access (Small Business Administration).
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