People Incorporated Financial Services

Abingdon, VA Part of People Incorporated Of Virginia

UEI
JWLJEDAKYGC1
CAGE
42AT9
Primary NAICS
926110 Administration of General Economic Programs
SAM.gov registration
Active through

Company facts

Self-certified in SAM.gov
  • Non-Profit Organization
  • Community Development Corporation
Entity structure
Corporate Entity (Tax Exempt)
Corporate family
SAM.gov registration date
Physical address
1173 W Main St, Abingdon, VA 24210, USA
Website
peopleinc.net
Founded
1964
Employees
51-250
Estimated annual revenue
$10M-$50M
Industry
  1. Consumer Discretionary
  2. Diversified Consumer Services
  3. Family Services
SIC code
83 Social Services
Profiles

Registration and certifications come from SAM.gov and the SBA; company details from public web sources. Updated .

Grant awards

Latest 5 listed here. See the rest on GovTribe.

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About the company

People Incorporated Financial Services is a non-profit community development corporation registered to receive federal government awards since July 2005. As a certified Community Development Financial Institution (CDFI), it focuses on providing financial products and services to underserved communities and individuals who lack access to affordable financial options. The organization operates over 30 programs aimed at enhancing lives, families, and communities through various financial products and services for underserved borrowers. People Incorporated Financial Services leverages federal grant funding to promote economic revitalization, community development, and financial inclusion in low- and moderate-income areas.

Through federal grant awards, People Incorporated Financial Services has received funding from the U.S. Department of the Treasury's Community Development Financial Institutions Fund to support several initiatives. These include establishing and maintaining small dollar loan programs to provide affordable alternatives to high-cost loans, expanding lending and investment activities in communities disproportionately impacted by COVID-19, and building organizational capacity to serve rural and urban low-income populations. Specific programs include the Small Dollar Loan Program, the Equitable Recovery Program, and the Community Development Financial Institutions Program. Grant amounts have ranged from $130,296 to $1.4 million, with project periods extending through 2028. The funding enables People Incorporated Financial Services to offer financial products, services, and technical assistance, as well as create loan loss reserves and capital reserves to support their mission of increasing access to affordable capital and integrating underbanked populations into the mainstream financial system.

Quick answers

Is People Incorporated Financial Services registered in SAM.gov?

Yes. People Incorporated Financial Services's SAM.gov registration is active through October 21, 2027.

What is People Incorporated Financial Services's most recent federal award?

People Incorporated Financial Services's most recent federal grant award is To support certified community development financial institutions (cdfis) to provide an alternative to high cost… (24SDL064109G), from Community Development Financial Institutions Fund, on April 16, 2024.

On GovTribe

See People Incorporated Financial Services's full federal record

  • Federal grant awards
  • Funding analysis by agency, NAICS and set-aside
  • Similar vendors