Project Grant SBAHQ25Y0063
- The Small Business Administration (SBA) awarded a $1,255,090 Formula Grant under the Microloan Program (CFDA 59.046) to Nybdc Local Development Corp, a certified Community Development Financial Institution (CDFI) and nonprofit organization, for the period of July 1, 2024 to June 30, 2025. The grant funding will enable Nybdc Local Development Corp to provide microloans up to $50,000 or $100,000, as well as business training, technical assistance, and support services to small businesses,...
- The U.S. Small Business Administration (SBA) awarded a $2,169,434 Microloan Program (CFDA 59.046) formula grant to Nybdc Local Development Corp, a nonprofit community development corporation and certified community development financial institution (CDFI). The grant, with a performance period from July 1, 2023 to June 30, 2024, enables Nybdc Local Development Corp to provide direct microloans under $100,000 and business training/technical assistance services to women, minority, and low-income...
- 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,...
- The Small Business Administration (SBA) awarded $1,330,546 to the Nybdc Local Development Corporation through the Microloan Program (CFDA #59.046) for the period of July 1, 2021 to June 30, 2022. This Formula Grant funding will enable the Nybdc Local Development Corporation to provide microloans and business training/technical assistance services to start-up, newly established, and growing small businesses in Albany, New York. The Microloan Program aims to assist women, low-income, and...
- 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 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...
- Federal Grant Award Summary Northern Great Lakes Initiatives received a $382,856 Project Grant from the U.S. Small Business Administration (SBA) Office of Capital Access under the Microloan Program (CFDA 59.046), awarded July 1, 2025, with a completion date of June 30, 2026. As a certified Community Development Financial Institution (CDFI) headquartered in Marquette, Michigan, the organization will utilize these funds to provide microloans up to $50,000 to startup and growing small businesses,...
- Federal Grant Award Summary Business Impact NW received a $696,244 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 an intermediary lender and Community Development Financial Institution (CDFI), Business Impact NW will utilize this funding to provide microloans up to $50,000 to startup, newly established, and growing small business concerns, with loan proceeds...
- 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...
- 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,...
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 across Connecticut, New York, New Jersey, and Pennsylvania. The microloans are designated exclusively for working capital, inventory, supplies, furniture, fixtures, machinery, and equipment. In addition to direct lending services, NYBDC Local Development Corp will deliver comprehensive technical assistance and training to prospective and current microborrowers, including business training, financial literacy education, credit counseling, and business operations guidance. The organization prioritizes support for women, minorities, low-income individuals, and veterans in economically disadvantaged areas, and partners with Syracuse University's Institute for Veterans and Military Families to provide specialized entrepreneurship programs for veterans. These services align with the Microloan Program's objective to assist entrepreneurs and small business owners who lack access to traditional credit sources due to economic conditions or geographic location.Federal Grant Award Summary
Mod # | Description | ReasonForModification | Federal Obligation | Date |
|---|---|---|---|---|
| Not listed | $894.1k | 9/19/25 |