Project Grant SBAHQ25Y0126
- The Small Business Assistance Corp (SBAC) was awarded a $222,857 Project Grant by the U.S. Small Business Administration (SBA) under the SBA's Microloan Program (CFDA 59.046). The grant will be used by SBAC, a non-profit business development 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 in the Savannah, GA area. The goal of the...
- The Small Business Administration (SBA) awarded a $256,136 Formula Grant to the Small Business Assistance Corporation (SBAC) through the Microloan Program (CFDA 59.046) to provide microloans, training, and technical assistance to start-up and growing small businesses in Savannah, Georgia from July 1, 2023 to June 30, 2024. As a non-profit business development organization licensed by SBA, SBAC utilizes the funding to deliver micro-level loans of $100k or less along with business training and...
- The Small Business Administration (SBA) awarded a $1,083,130.00 Project Grant under the Microloan Program (CFDA 59.046) to Access To Capital For Entrepreneurs, Inc., a non-profit community development organization. The grant funding will be used to provide short-term microloans up to $50,000 to start-up, newly established, and growing small businesses, particularly those owned by women, minorities, and low-income entrepreneurs in underserved areas of Georgia. In addition to the microloans, the...
- The Small Business Administration (SBA) Office of Capital Access awarded a $705,800 Project Grant to the Small Business Assistance Corporation to provide training and technical assistance to current and prospective borrowers of the SBA Microloan Program from July 1, 2022 to June 30, 2023. The SBA Microloan Program, listed under the Catalog of Federal Domestic Assistance as CFDA #59.046, aims to assist entrepreneurs, business owners, and individuals who own small businesses or are attempting to...
- The Small Business Administration (SBA) awarded $259,077 under the Microloan Program formula grant to Small Business Assistance Corp of Savannah, Georgia for the period of July 1, 2021 through 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, and growing small businesses. Specifically, Small Business Assistance Corp will utilize the funding to provide...
- The Small Business Administration (SBA) awarded $3.2 million to Access To Capital For Entrepreneurs, Inc. through the Microloan Program (CFDA #59.046) for the period of July 1, 2022 to June 30, 2023. This Formula Grant provides direct loans and grants to the nonprofit microlender to offer microloans of under $100,000, business training, and technical assistance to start-ups, new, and growing small businesses in Cleveland, Georgia. The Microloan Program aims to help women, low-income, and...
- The Small Business Administration awarded $1,887,658 under the Microloan Program (CFDA 59.046) to Access To Capital For Entrepreneurs, Inc. for the period of July 1, 2023 to June 30, 2024. Through this Formula Grant, Access To Capital For Entrepreneurs will provide microloans of under $100,000 and business training/technical assistance to start-ups and growing small businesses in 68 Georgia counties. As a Community Development Financial Institution, Access To Capital For Entrepreneurs focuses on...
- The Small Business Administration (SBA) provided a $654,050 Project Grant award to CDC Small Business Finance Corp. (CDC SBF), a non-profit community development financial institution, under the SBA Microloan Program (CFDA #59.046). Through this grant, CDC SBF will offer microloans of up to $50,000 and provide business training and technical assistance to startup, newly established, and growing small businesses, particularly those in underserved communities lacking access to capital. As a top...
- 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 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...
SMALL BUSINESS ASSISTANCE CORPORATION - GA TO ASSIST ALL ENTREPRENEURS BUSINESS OWNERS AND OTHER INDIVIDUALS POSSESSING THE CAPABILITY TO OPERATE SUCCESSFUL BUSINESS CONCERNS AND TO ASSIST SMALL BUSINESS CONCERNS IN THOSE AREAS SUFFERING FROM A LACK OF CREDIT DUE TO ECONOMIC DOWNTURNS UNDER THE PROGRAM THE SMALL BUSINESS ADMINISTRATION SBA WILL MAKE LOANS OR PROVIDE GUARANTIES TO PRIVATE NON PROFIT AND QUASI GOVERNMENTAL ORGANIZATIONS INTERMEDIARY LENDERS THAT WILL USE THE LOAN FUNDS TO MAKE SHORT TERM FIXED INTEREST RATE MICROLOANS IN AMOUNTS UP TO 50000 DOLLARS TO START UP NEWLY ESTABLISHED AND GROWING SMALL BUSINESS CONCERNS THESE MICROLOANS ARE TO BE USED EXCLUSIVELY FOR WORKING CAPITAL INVENTORY SUPPLIES FURNITURE FIXTURES MACHINERY AND OR EQUIPMENT IN ADDITION THE SBA WILL MAKE GRANTS TO PARTICIPATING INTERMEDIARY LENDERS TO PROVIDE MARKETING MANAGEMENT AND TECHNICAL ASSISTANCE TO PROSPECTIVE BORROWERS AND BORROWERS RECEIVING MICROLOANS UNDER THE PROGRAM SBA WILL ALSO PROVIDE TRAINING FOR INTERMEDIARY
Mod # | Description | ReasonForModification | Federal Obligation | Date |
|---|---|---|---|---|
| Not listed | $149.0k | 9/19/25 |