Project Grant SBAHQ25Y0022
- The Small Business Administration (SBA) awarded $225,876.88 to Common Capital, Inc. through its Microloan Program (CFDA #59.046) for the period of July 1, 2021 to June 30, 2022. As a microlender under the SBA Microloan Program, Common Capital will provide microloans of $50k or less as well as business training and technical assistance to start-up, newly established, and growing small businesses in Springfield, Massachusetts. The Microloan Program aims to assist entrepreneurs who face barriers to...
- The U.S. Small Business Administration (SBA) awarded a $229,634 Project Grant on July 1, 2024 to Common Capital, Inc., a Community Development Financial Institution (CDFI) and non-profit organization located in Springfield, MA. The grant funding will be used to provide microloans of $50,000 or less, as well as business training and technical assistance, to start-up, newly established, and growing small businesses in disadvantaged communities through the SBA's Microloan Program (CFDA 59.046)....
- Common Capital, Inc. was awarded a $450,000 Project Grant from the Small Business Administration Office of Capital Access under the Microloan Program (CFDA 59.046) for the period of July 1, 2022 to June 30, 2023. The Microloan Program aims to assist women, low-income, and minority entrepreneurs as well as small business owners and individuals in underserved areas by providing access to credit and related services. Common Capital will utilize the funding to deliver microloans and technical...
- The Small Business Administration (SBA) Office of Capital Access awarded Common Capital, Inc., a non-profit Community Development Financial Institution (CDFI), a $413,997 Formula Grant under the Microloan Program (CFDA 59.046) to provide microloans of $50,000 or less and business training/technical assistance to start-up, newly established, and growing small businesses in Springfield, MA. Common Capital has received previous Microloan Program formula grants, including $225,876 in FY2022 and...
- The Small Business Administration (SBA) Office of Capital Access awarded a $705,800 Project Grant to the Small Business Assistance Corporation to provide training and technical assistance to current and prospective borrowers of the SBA Microloan Program from July 1, 2022 to June 30, 2023. The SBA Microloan Program, listed under the Catalog of Federal Domestic Assistance as CFDA #59.046, aims to assist entrepreneurs, business owners, and individuals who own small businesses or are attempting to...
- The U.S. Small Business Administration (SBA) awarded a $214,352 Project Grant under the Microloan Program (CFDA 59.046) to Community Capital New York, Inc. (doing business as Community Capital New YOR) on July 1, 2024. This funding will be used by the community development financial organization 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. The...
- The Small Business Administration (SBA) Microloan Program awarded a $544,747 formula grant to the Center For Rural Affairs Community Capital, a non-profit organization and community development corporation. This grant, effective from July 1, 2023 to June 30, 2024, will enable the organization to provide microloans, business training, counseling, and technical assistance to start-up, newly established, and growing small businesses, with a focus on women, low-income, and minority entrepreneurs and...
- The Small Business Administration awarded $191,164.33 under the Microloan Program (CFDA #59.046) to Southeast Community Capital Corporation for the period of July 1, 2021 through June 7, 2022. The Microloan Program provides direct loans and grants to eligible non-profit microlenders to offer micro-level loans and business training/technical assistance to start-ups, new, and growing small businesses. As the sub-awardee, Southeast Community Capital will utilize the funding to provide microloans...
- The Community Economic Development Fund Foundation, Inc. was awarded a $427,128 Project Grant from the U.S. Small Business Administration's (SBA) Microloan Program (CFDA #59.046) with a performance period from July 1, 2025 to June 30, 2026. The grant supports the organization's work in delivering microloans up to $50,000 and comprehensive business development services, with a focus on assisting women, minority, and low-income entrepreneurs in the Meriden, CT area who lack access to traditional...
- The U.S. Small Business Administration (SBA) awarded a $221,881 Project Grant to Community Capital New York, Inc., a Community Development Financial Institution (CDFI) located in Elmsford, NY, under the SBA's Microloan Program (CFDA 59.046). The grant funding, with a performance period of July 1, 2025, to June 30, 2026, enables Community Capital New York, Inc. to provide microloans up to $50,000 and comprehensive business training and support services to entrepreneurs, particularly women,...
The U.S. Small Business Administration's (SBA) Office of Capital Access awarded a $230,126 Project Grant to Common Capital, Inc., a non-profit Community Development Financial Institution (CDFI) located in Springfield, MA, under the Microloan Program (CFDA 59.046). This grant, with a performance period from July 1, 2025 to June 30, 2026, enables Common Capital to provide microloans up to $50,000, coupled with comprehensive business training and technical assistance, to support start-up, newly established, and growing small businesses, particularly those owned by women, minorities, and low-income individuals in underserved communities. The Microloan Program is designed to foster entrepreneurship and economic growth in regions with limited financial resources by addressing barriers to traditional credit access.
Mod # | Description | ReasonForModification | Federal Obligation | Date |
|---|---|---|---|---|
| Not listed | $230.1k | 9/11/25 |