Project Grant SBAHQ25Y0152
- The Small Business Administration awarded Prestamos Cdfi LLC $393,154 under the Microloan Program (CFDA 59.046) from July 1, 2023 to June 30, 2024. As a Community Development Financial Institution, Prestamos Cdfi LLC will utilize this funding to provide microloans of up to $50,000 and deliver business training and technical assistance to women, minority, and low-income entrepreneurs in Phoenix, Arizona. Through this project grant award, Prestamos Cdfi LLC aims to expand access to capital and...
- The Small Business Administration (SBA) awarded a $501,916 Formula Grant to Prestamos CDFI LLC in Phoenix, AZ under the agency's Microloan Program (CFDA 59.046). This federal grant program provides funding to nonprofit community development financial institutions (CDFIs) to offer microloans up to $50,000 and technical assistance to support small businesses, particularly those owned by women, minorities, and low-income individuals in underserved communities. Through this award, Prestamos CDFI LLC...
- Federal Project Grant Award Summary Ceds Finance, a Community Development Financial Institution (CDFI) based in Aurora, Colorado, received a $368,753 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. This award funds Ceds Finance to deliver microloans up to $50,000 and associated technical assistance services to underserved entrepreneurs, particularly minority,...
- 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 Project Grant Award Summary Liftfund Inc. (operating as Accion) received a $971,434 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) headquartered in San Antonio, Texas, Liftfund will utilize these funds to provide microloans up to $50,000 and accompanying technical assistance to underserved entrepreneurs and...
- 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...
- Federal Project Grant Award Summary The New Mexico Community Development Loan Fund received a $135,140 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, The Loan Fund will utilize these funds to provide microloans up to $50,000 to startup, newly established, and growing small business...
- Federal Project Grant Award Summary Community First Fund, a Community Development Financial Institution (CDFI) headquartered in Lancaster, Pennsylvania, received a $361,549 Project Grant from the U.S. Small Business Administration's Office of Capital Access under the Microloan Program (CFDA 59.046) on July 1, 2025, with a completion date of June 30, 2026. Through this award, Community First Fund will provide microloans up to $50,000 to startup, newly established, and growing small business...
- 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...
- Federal Project Grant Award Summary AMPAC Tri-State CDC, Inc. received a $318,544 Project Grant from the U.S. Small Business Administration (SBA) Office of Capital Access under the Microloan Program (CFDA 59.046) for the period July 1, 2025 through June 30, 2026. The organization will utilize these funds to serve as an intermediary lender, providing microloans up to $50,000 to startup, newly established, and growing small business concerns in the Ontario, California area, with a focus on...
Prestamos CDFI LLC received a $359,662 Project Grant from the 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) headquartered in Phoenix, Arizona, Prestamos will utilize this funding to provide microloans up to $50,000 and deliver accompanying technical assistance and business training services to underserved entrepreneurs, including women, minority, and low-income business owners. The microloans are designated exclusively for working capital, inventory, supplies, furniture, fixtures, machinery, and equipment for startup, newly established, and growing small business concerns. In addition to direct lending activities, the grant enables Prestamos CDFI LLC to provide marketing, management, and technical assistance services to prospective and current microborrowers, as well as capacity-building and business development services targeted at microenterprises in low-income communities throughout the service territory. This award represents continued federal investment in Prestamos' established intermediary lending infrastructure, with the organization having received cumulative federal funding of approximately $4.1 million across multiple SBA and Department of the Treasury programs since 2021.Federal Project Grant Award Summary
Mod # | Description | ReasonForModification | Federal Obligation | Date |
|---|---|---|---|---|
| Not listed | $359.7k | 9/19/25 |