Project Grant SBAHQ25Y0034
- The federal Project Grant award SBAHQ24Y0087, provided by the U.S. Small Business Administration's (SBA) Microloan Program (CFDA 59.046), will be used to assist women, low-income, and minority entrepreneurs, business owners, and other individuals with the capability to operate successful business concerns. The $709,225 grant, awarded on July 1, 2024, will be provided to the non-profit organization Ecdc Enterprise Development Group to deliver microloans up to $50,000 and technical assistance to...
- Federal Grant Award Summary The Economic and Community Development Institute, Inc. (ECDI) received a $1,319,438 Project Grant award 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 an approved intermediary lender and certified Community Development Financial Institution (CDFI), ECDI will utilize these funds to provide short-term, fixed interest rate microloans up to...
- Federal Project Grant Award Summary The Latino Economic Development Corporation of Washington, D.C. received a $138,623 Project Grant from the U.S. 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. Through this award, the organization serves as an intermediary lender providing short-term, fixed interest rate microloans up to $50,000 to startup, newly established, and growing small business...
- The Small Business Administration (SBA) has awarded a $876,266 Formula Grant to Ecdc Enterprise Development Group, a non-profit community development corporation, under the SBA Microloan Program (CFDA 59.046). This grant will enable Ecdc Enterprise Dev to provide microloans, business training, and technical assistance to start-up, newly established, and growing small business concerns, with a focus on supporting women, low-income, and minority entrepreneurs. The funding will be used to support...
- 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 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 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 Community Economic Development Fund Foundation, Inc. received a Project Grant award of $427,128 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 enables the organization to serve as an intermediary lender, providing microloans of up to $50,000 to startup, newly established, and growing small businesses in the Meriden, Connecticut area,...
- The U.S. Small Business Administration (SBA) awarded a $108,545 Project Grant under the Microloan Program (CFDA 59.046) to the Latino Economic Development Corporation of Washington, D.C. (LEDC) on July 1, 2024. The award will fund LEDC's provision of 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. As a certified Community Development Financial Institution...
- 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...
ECDC Enterprise Development Group has received a $649,923 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. As a Community Development Financial Institution (CDFI) intermediary lender, ECDC Enterprise Development Group will utilize this funding to provide microloans up to $50,000 to startup, newly established, and growing small businesses in the Arlington, Virginia area and the broader Metro Washington region. The microloans are designated exclusively for working capital, inventory, supplies, furniture, fixtures, machinery, and equipment needs of eligible small business concerns. In addition to direct microlending activities, ECDC Enterprise Development Group will deliver critical marketing, management, and technical assistance services to prospective and current microborrowers, with particular emphasis on underserved populations including women, low-income, minority entrepreneurs, and refugee and asylum seekers. The organization will leverage the grant funding to strengthen its capacity to serve economically disadvantaged entrepreneurs who lack access to traditional credit sources, consistent with the Microloan Program's objective to address credit deficiencies in underserved communities.Federal Grant Award Summary
Mod # | Description | ReasonForModification | Federal Obligation | Date |
|---|---|---|---|---|
| Not listed | $649.9k | 9/19/25 |