Loans - AWARD SUMMARY


JOBS FOR FALL RIVER INC


Microloan Revolving Loan Program

Clarification of Codes

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AWARD OVERVIEW

AWARD OVERVIEW
Award Number 3579225000 Funding Agency Small Business Administration
Total Award Amount $750,000 Project Location - City Fall River
Award Date 08/18/2009 Project Location - State MA
Project Status Completed Project Location - Zip 02722-7700
Jobs Reported 0.00 Congressional District 04
Project Location - Country US

Recipient Information (Loans)

Recipient Information (Loans)
Recipient Name JOBS FOR FALL RIVER INC
Recipient DUNS Number 786381715
Recipient Address 1 GOVERNMENT CENTER 6TH FLOOR STE 633
Recipient City FALL RIVER
Recipient State Massachusetts
Recipient Zip 02722-7700
Recipient Congressional District 04
Recipient Country USA
Required to Report Top 5
Highly Compensated Officials
No

Projects and Jobs Information

Projects and Jobs Information
Project Title SBA MicroLoan Program
Project Status Completed
Final Project Report Submitted Yes
Project Activities Description Community Economic Development
Quarterly Activities/Project Description During this quarter one loan was approved and closed. H&F construction is a microenterprise that received $25,000.00 for working capital. Another loan was approved but not closed yet. The loan was made to two professional sisters and the funds will be used for working capital to set up practice at a new location. We expect to close this loan during the month of October, 2012. Also a loan was approved but not closed to Santos Construction in the amount of $50,000 for working capital to assist a small business.
Jobs Created 0.00
Description of Jobs Created none


Purchaser Information (Loans)

Purchaser Information
Contracting Office ID Not Reported
Contracting Office Name Not Available
Contracting Office Region Not Available
TAS Major Program 73-4279

Award Information

Award Information
Award Date 08/18/2009
Award Number 3579225000
Order Number
Award Type Loans
Funding Agency ID 73
Funding Agency Name Small Business Administration
Funding Office Name Not Available
Awarding Agency ID 73
Awarding Agency Name Small Business Administration
Amount of Award $750,000
Funds Invoiced/Received $750,000
Expenditure Amount $430,000
Infrastructure Expenditure Amount $0
Infrastructure Purpose and Rationale Not Reported
Infrastructure Point of Contact Name Not Reported
Infrastructure Point of Contact Email Not Reported
Infrastructure Point of Contact Phone Not Reported
Infrastructure Point of Contact Address Not Reported
Infrastructure Point of Contact City Not Reported
Infrastructure Point of Contact State Not Reported
Infrastructure Point of Contact Zip Not Reported

Product or Service Information (Loans)

Product or Service Information
Primary Activity Code S02
Activity Description Community Economic Development

Sub-Awards Information

Sub-Awards Information
Sub-awards to Organizations 0
Sub-award Amounts to Organizations $0
Sub-Awards to Individuals 0
Sub-Award Amounts to Individuals $0
Number of Sub-awards less than $25,000/award 0
Amount of Sub-awards less than $25,000/award $0
Number of payments to vendors greater than $25,000 0
Total Amount of payments to vendors greater than $25,000/award $0
Number of payments to vendors less than $25,000/award 0
Total Amount of payments to vendors less than $25,000/award $0







Project Location Detail

Location Information
Latitude, Longitude 41º 42' 4", -71º 9' 16"
Congressional District 04
Address 1
Address 2
City Fall River
County Bristol
State MA
Zip 02722-7700
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