NEW BEDFORD ECONOMIC DEVELOPMENT COUNCIL, INC.
$750,000 MICRO LOAN TO FURTHER LEND TO STIMULATE ECONOMY & PROVIDE JOBS
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| AWARD OVERVIEW |
| Award Number |
3984475009 |
Funding Agency |
Small Business Administration |
| Total Award Amount |
$750,000 |
Project Location - City |
NEW BEDFORD |
| Award Date |
03/23/2010 |
Project Location - State |
MA |
| Project Status |
Completed |
Project Location - Zip |
02740-6694
|
| Jobs Reported |
9.00 |
Congressional District |
04 |
| Project Location - Country |
US |
|
|
Recipient Information
(Loans)
| Recipient Information (Loans) |
|
Recipient Name
|
NEW BEDFORD ECONOMIC DEVELOPMENT COUNCIL, INC. |
| Recipient DUNS Number |
073697711
|
| Recipient Address |
1213 PURCHASE ST |
| Recipient City |
NEW BEDFORD |
| Recipient State |
Massachusetts |
| Recipient Zip |
02740-6263 |
| 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 |
US SBA DIRECT RECOVERY |
| Project Status |
Completed |
| Final Project Report Submitted |
Yes |
| Project Activities Description |
Community Economic Development |
| Quarterly Activities/Project Description |
-1- Loan $1.5K 9/30/10
-1- Loan $35K 9/30/10
-1- Loan $3K 9/30/10
-1- Loan $2.5K 9/30/10
-1- Loan $35K 10/7/10
-1- Loan $50K 9/21/11
-1- Loan $10K 9/29/11
-1- Loan $25K 9/29/11
-1- Loan $5K 4/1/11
-1- Loan $2K 6/10/11
-1- Loan $1.2K 12/15/11
-1- Loan $32.12K 3/30/12
-1- Loan $32.462K 3/30/12
-1- Loan $7K 5/18/12
-1- Loan $40K 5/29/12
-1- Loan $50K 6/15/12
-1- Loan $1.724K 7/27/12
-2- Loans $25K ea 9/10/12 |
| Jobs Created |
9.00 |
| Description of Jobs Created |
5 laborers, 1 operative, 1 technician and 2 clerical |
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 Date |
03/23/2010 |
| Award Number |
3984475009 |
| 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 |
$383,506 |
| 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 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 |
| Location Information |
| Latitude, Longitude |
41º 38' 28",
-70º 55' 37" |
| Congressional District |
04 |
| Address 1 |
1213 PURCHASE ST |
| Address 2 |
|
| City |
NEW BEDFORD |
| County |
Bristol |
| State |
MA |
| Zip |
02740-6694 |
|
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