Rende Progress Capital
Grand Rapids, MI
- UEI
- FXHLNANM5N47
- CAGE
- 7UL33
- Primary NAICS
- Not on record
- SAM.gov registration
- Active through
Company facts
- Self-certified in SAM.gov
- Entity structure
- Corporate Entity (Tax Exempt)
- SAM.gov registration date
- Physical address
- 818 Butterworth St SW #13, Grand Rapids, MI 49504, USA
- Website
- rendeprogresscapital.com
- Founded
- 2017
- Employees
- 1-10
- Estimated annual revenue
- $0-$1M
- Industry
-
- Financials
- Diversified Financial Services
- Financial Services
- SIC code
- 61 Nondepository Institutions
Registration and certifications come from SAM.gov and the SBA; company details from public web sources. Updated .
Recent federal awards
| Award | Agency | Obligated | Awarded |
|---|---|---|---|
| Purpose: to promote economic revitalization and community development through investment in and assistance to… | Community Development Financial Institutions Fund | $125,000 | |
| Technical assistance award | Community Development Financial Institutions Fund | $125,000 | |
| Technical assistance award | Community Development Financial Institutions Fund | $125,000 |
About Rende Progress Capital
Rende Progress Capital is a certified Community Development Financial Institution (CDFI) committed to economic equity. It is the only racial equity loan fund providing lending and services to entrepreneurs excluded from conventional financial services. Rende Progress Capital is a corporate, tax-exempt entity registered as a minority-owned, non-profit, Black American-owned business.
Through multiple Technical Assistance awards from the Department of the Treasury's Community Development Financial Institutions (CDFI) Fund, Rende Progress Capital has received project grants to build its organizational capacity and provide technical assistance services. The most recent $125,000 award in 2021 under the CDFI Program (CFDA 21.020) will support activities through 2024 like personnel compensation, professional services, travel, training, equipment, and supplies. The goal is to increase access to affordable financial products and services for underserved communities by directly building Rende Progress Capital's capacity as an emerging CDFI. Previous awards in 2020 for $125,000 and 2019 for $125,000 provided similar technical assistance funding to Rende Progress Capital from the CDFI Fund. No subrecipient activities were indicated for these awards focused on enhancing the organization's ability to serve target markets lacking access to financial services.
Quick answers
What is Rende Progress Capital's UEI?
Rende Progress Capital's Unique Entity ID (UEI) in SAM.gov is FXHLNANM5N47.
What is Rende Progress Capital's CAGE code?
Rende Progress Capital's CAGE code is 7UL33.
Where is Rende Progress Capital located?
Rende Progress Capital's physical address in SAM.gov is 818 Butterworth St SW #13, Grand Rapids, MI 49504, USA.
Is Rende Progress Capital registered in SAM.gov?
Yes. Rende Progress Capital's SAM.gov registration is active through September 18, 2027.
What is Rende Progress Capital's most recent federal award?
Rende Progress Capital's most recent federal grant award is Purpose: to promote economic revitalization and community development through investment in and assistance to… (211TA057756G), from Community Development Financial Institutions Fund, on September 16, 2021.
On GovTribe
See Rende Progress Capital's full federal record
- Federal grant awards
- Funding analysis by agency, NAICS and set-aside
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