Project Grant SBAHQ25Y0095
- The federal Project Grant award of $326,250 was provided by the U.S. Small Business Administration (SBA) under the Microloan Program (CFDA 59.046) to the Southeast Kentucky Economic Development Corporation (SKED). The award, with a period of performance from July 1, 2024 to June 30, 2025, will enable SKED to offer microloans up to $50,000 and provide technical assistance to small businesses, particularly those owned by women, minorities, and low-income individuals, in underserved communities...
- Federal Project Grant Award Summary The Small Business Administration (SBA) Office of Capital Access awarded a Project Grant of $143,640 to Mountain Association for Community Economic Development on July 1, 2025, under the Microloan Program (CFDA 59.046). This award supports Mountain Association's operations as an intermediary lender serving the Appalachian region of Kentucky through June 30, 2026. The funding enables the organization to provide short-term, fixed interest rate microloans up to...
- The Small Business Administration (SBA) awarded $328,353.88 through its Microloan Program to Southeast Kentucky Economic Development for the period of July 1, 2021 to June 30, 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 businesses and growing small concerns. Specifically, Southeast Kentucky Economic Development will utilize the funding to provide...
- The Small Business Administration (SBA) Office of Capital Access awarded a $655,382 Project Grant to Southeast Kentucky Economic Development to provide training and technical assistance to SBA Microloan borrowers and prospective borrowers. The grant period runs from July 1, 2022 to June 30, 2023. The award is being administered under the SBA's Microloan Program (CFDA #59.046), which aims to assist entrepreneurs, business owners, and individuals in underserved areas by expanding access to...
- The U.S. Small Business Administration (SBA) awarded a $292,134 Microloan Program (CFDA 59.046) project grant to Southeast Community Capital Corporation, a non-profit community development corporation and certified Community Development Financial Institution (CDFI) based in Tennessee. The grant funding will enable Southeast Community Capital to provide microloans up to $50,000 and accompanying technical assistance to support small businesses, particularly those owned by women, minorities, and...
- Summary of Federal Project Grant Award Kentucky Highlands Investment Corporation received a $461,020 Project Grant award 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 certified Community Development Financial Institution (CDFI), Kentucky Highlands Investment Corporation will utilize this funding to serve as an intermediary lender providing microloans up to $50,000 to...
- The Small Business Administration (SBA) awarded a $339,470 Formula Grant to Southeast Kentucky Economic Development, a 36-year-old non-profit organization, to provide microloans, financial counseling, and technical assistance to start-up, newly established, and growing small businesses under the SBA Microloan Program (CFDA 59.046). This funding will enable Southeast Kentucky Economic Development to deliver a range of services, including lending, recruitment and expansion support, and training,...
- 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 Small Business Administration (SBA) awarded $357,935 under the Microloan Program (CFDA #59.046) to Southeast Community Capital Corporation for the period of July 1, 2022 to June 30, 2023. Under this Formula Grant, Southeast Community Capital will provide microloans and business training/technical assistance to small businesses and entrepreneurs in economically disadvantaged areas through the SBA's Microloan Program. The Microloan Program aims to expand access to credit for small business...
- Federal Grant Award Summary South Central Kansas Economic Development District Inc. (SCKEDD) received a $176,202 Project Grant from the Small Business Administration's Office of Capital Access under the Microloan Program (CFDA 59.046), awarded July 1, 2025, with completion targeted for June 30, 2026. The award funds SCKEDD's operations as an intermediary lender serving a 14-county region in south central Kansas, enabling the organization to provide microloans up to $50,000 to startup, newly...
Southeast Kentucky Economic Development Corporation received $243,372 in federal funding 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 and 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 rural southeastern Kentucky, with particular emphasis on women, minority, and low-income entrepreneurs. The microloans are designated exclusively for working capital, inventory, supplies, furniture, fixtures, machinery, and equipment. In addition to direct lending activities, Southeast Kentucky Economic Development will deliver comprehensive technical assistance and support services to prospective and current microborrowers, including business training, financial counseling, management assistance, and marketing support. The organization will also participate in SBA-provided training to strengthen program operations and ensure successful administration of the Microloan Program within its service area of economically distressed and underserved communities in southeastern Kentucky.Federal Project Grant Award Summary
Mod # | Description | ReasonForModification | Federal Obligation | Date |
|---|---|---|---|---|
| Not listed | $243.4k | 9/19/25 |