Project Grant SBAHQ25Y0102
- Federal Project Grant Award Summary 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...
- 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) Microloan Program awarded a $275,000 formula grant to Mountain Association for Community Economic (doing business as Mountain Association), a non-profit organization and community development corporation based in Berea, Kentucky. The grant will support Mountain Association's delivery of technical assistance, training, and small business lending services to women, low-income, and minority entrepreneurs and small business owners across Appalachian...
- The U.S. Small Business Administration (SBA) awarded a $213,579 Formula Grant under the Microloan Program (CFDA 59.046) to the Mountain Association for Community Economic Development (Mountain Association), a non-profit organization and community development corporation based in Berea, Kentucky. The grant period runs from July 1, 2024, to June 30, 2025. Through this Microloan Program grant, Mountain Association will provide microloans up to $50,000 and accompanying technical assistance to...
- 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,...
- 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 Mountain Association for Community Economic Dev., Inc. received a $166,054.04 Formula Grant award from the Small Business Administration (SBA) Office of Capital Access to provide microloans and business assistance services under the Microloan Program. The goal of the Microloan Program is to assist entrepreneurs and small business owners in underserved areas through the provision of small, short-term loans along with accompanying training and technical assistance services. The grant period...
- 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...
- The Small Business Administration (SBA) awarded a $1,030,849 Formula Grant to Mountain Bizcapital Inc. through the Microloan Program (CFDA #59.046) to provide microloans and business assistance services from July 1, 2021 to June 30, 2022. As a microlender under the SBA Microloan Program, Mountain Bizcapital Inc. will utilize the funding to issue micro-level loans of $50,000 or less to small businesses and entrepreneurs, as well as offer business training and technical assistance to support their...
- Federal Project Grant Award Summary Community Ventures Corporation, Inc. received a $697,156 Project Grant award from the Small Business Administration (SBA) Office of Capital Access under the Microloan Program (CFDA 59.046), effective July 1, 2025 through June 30, 2026. As an established Community Development Financial Institution (CDFI) headquartered in Lexington, Kentucky, Community Ventures Corporation will utilize this funding to serve as an intermediary lender, providing microloans up to...
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 $50,000 to startup, newly established, and growing small business concerns, with loan proceeds designated exclusively for working capital, inventory, supplies, furniture, fixtures, machinery, and equipment. In addition to direct microlending, the grant funds Mountain Association's delivery of technical assistance, business training, and marketing and management support services to prospective and current microborrowers. As a Community Development Financial Institution (CDFI) specializing in service to underserved populations including women, minorities, low-income individuals, and rural small business owners, Mountain Association leverages this award to strengthen local economies and create economic opportunities in economically distressed rural areas throughout Appalachian Kentucky.Federal Project Grant Award Summary
Mod # | Description | ReasonForModification | Federal Obligation | Date |
|---|---|---|---|---|
| Not listed | $143.6k | 9/19/25 |