Project Grant SBAHQ25Y0032
- The Small Business Administration (SBA) awarded a $810,164 Microloan Program Project Grant (CFDA 59.046) to Cooperative Business Assistance Corp (CBAC), a non-profit Community Development Corporation located in Camden, New Jersey. The grant, with a performance period from July 1, 2024 to June 30, 2025, will enable CBAC to provide microloans up to $50,000 and technical assistance to women, minority, and low-income entrepreneurs and small businesses in southern New Jersey and the Philadelphia...
- Federal Grant Award Summary Trenton Business Assistance Corporation (TBAC), doing business as Regional Business Assistance, received a Project Grant award of $280,518 from the U.S. Small Business Administration's (SBA) Office of Capital Access under the Microloan Program (CFDA 59.046) effective July 1, 2025, through June 30, 2026. As an intermediary lender, TBAC will utilize these funds to provide microloans up to $50,000 to startup, newly established, and growing small business concerns, with...
- The Small Business Administration (SBA) Office of Capital Access awarded a $1,254,260 Formula Grant to Cooperative Business Assistance Corp, a non-profit organization in Camden, NJ, to provide services under the SBA Microloan Program (CFDA 59.046). The grant, which runs from July 1, 2023 to June 30, 2024, will allow Cooperative Business Assistance Corp to offer micro-lending, technical assistance, training, and counseling to women, minority, and low-income entrepreneurs and small businesses in...
- Federal Grant Award Summary The Enterprise Center Capital Corporation received a $193,622 Project Grant from the U.S. Small Business Administration's Office of Capital Access under the Microloan Program (CFDA 59.046), effective July 1, 2025, through June 30, 2026. As a Community Development Financial Institution (CDFI) based in Philadelphia, Pennsylvania, the organization will utilize these funds to expand its microlending operations and technical assistance services for underserved...
- Federal Grant Award Summary The Small Business Administration (SBA) Office of Capital Access awarded Neighborhood Development Center Inc. a Project Grant in the amount of $152,852 on July 1, 2025, under the Microloan Program (CFDA 59.046). This award supports the organization's operations as an intermediary lender providing microloans up to $50,000 to startup, newly established, and growing small business concerns in underserved communities. The funding enables the delivery of short-term,...
- Federal Grant Award Summary NYBDC Local Development Corp received a $894,051 Project Grant from the Small Business Administration's (SBA) Office of Capital Access under the Microloan Program (CFDA 59.046) for the period of July 1, 2025 through June 30, 2026. As a certified Community Development Financial Institution (CDFI), the organization will utilize these funds to provide microloans up to $50,000 to startup, newly established, and growing small business concerns in underserved communities...
- Federal Project Grant Award Summary Small Business Assistance Corp received a $149,023 Project Grant award from the U.S. Small Business Administration (SBA) Office of Capital Access under the Microloan Program (CFDA 59.046), effective July 1, 2025, through June 30, 2026. The award funds the delivery of microloans up to $50,000 to startup, newly established, and growing small business concerns in the Savannah, Georgia area, with loan proceeds designated exclusively for working capital, inventory,...
- Federal Grant Award Summary CDC Small Business Finance Corp. received a $632,860 Project Grant award from the U.S. Small Business Administration's (SBA) Office of Capital Access under the Microloan Program (CFDA 59.046), effective July 1, 2025, through June 30, 2026. The organization will utilize this funding to deliver microloans up to $50,000 to startup, newly established, and growing small businesses in the San Diego area, with particular focus on enterprises owned by women, minorities, and...
- Federal Project Grant Award Summary Community Concepts Finance Corporation received a $167,024 Project Grant from the Small Business Administration's (SBA) Office of Capital Access under the Microloan Program (CFDA 59.046), effective July 1, 2025 through June 30, 2026. The award supports the organization's delivery of microfinance solutions and business development services to small business concerns in rural Maine, particularly startup, newly established, and growing enterprises owned by...
- Federal Project Grant Award Summary Community Development Resources, a nonprofit Community Development Financial Institution (CDFI) based in Lincoln, Nebraska, received a $143,177 Project Grant from the U.S. Small Business Administration's (SBA) Office of Capital Access under the Microloan Program (CFDA 59.046) effective July 1, 2025 through June 30, 2026. This award supports the organization's core mission of expanding access to capital and business support services for underserved populations,...
The Small Business Administration's (SBA) Office of Capital Access awarded Cooperative Business Assistance Corp (CBAC) a Project Grant of $658,381 under the Microloan Program (CFDA 59.046), effective July 1, 2025 through June 30, 2026. As an established Community Development Financial Institution (CDFI) based in Camden, New Jersey, CBAC will utilize this funding to deliver comprehensive technical assistance, training, and capacity-building services to support the SBA's microlending operations. The award will enable CBAC to provide marketing, management, and business counseling services to prospective and current microborrowers, as well as training support to intermediary lenders participating in the Microloan Program. CBAC's project grant aligns with the broader Microloan Program objective to expand access to credit and entrepreneurial support for underserved populations, particularly women, minority, and low-income entrepreneurs in the southern New Jersey and Philadelphia region who lack access to conventional credit markets. The organization's demonstrated track record in administering successive SBA Microloan Program awards and multiple Treasury Department Community Development Financial Institutions Fund grants positions it to effectively deliver technical assistance services that strengthen intermediary lender capacity and enhance microborrowing outcomes for startup and growing small business concerns.Federal Project Grant Award Summary
Mod # | Description | ReasonForModification | Federal Obligation | Date |
|---|---|---|---|---|
| Not listed | $658.4k | 9/19/25 |