Microloan Program in Massachusetts
Microloan Program (59.046) awarded $6.6 million to recipients in Massachusetts in 36 grants from fiscal 2021 to 2025, 2.9% of the program's national total. South Eastern Economic Development Corporation received the most, $2.2 million.
- Awarded in Massachusetts$6.6 million
- Awards36
- Share of the program2.9%
- Rank among states14th of 49
- National total$226 million
By year
| Fiscal year | Awards | Amount |
|---|---|---|
| FY 2021 | 9 | $2.0 million |
| FY 2022 | 7 | $1.4 million |
| FY 2023 | 7 | $1.2 million |
| FY 2024 | 7 | $922,895 |
| FY 2025 | 7 | $1.0 million |
Recipients in Massachusetts
| Recipient | Type | Awards | Amount |
|---|---|---|---|
| South Eastern Economic Development Corporation | Nonprofits | 5 | $2.2 million |
| Common Capital, Inc. | Nonprofits | 5 | $1.3 million |
| The North Central Massachusetts Development Corporation | Nonprofits | 5 | $1.0 million |
| Community Teamwork Inc | Nonprofits | 5 | $670,906 |
| New Bedford Economic Development Council, Inc. | Nonprofits | 5 | $549,427 |
| Dorchester Bay Neighborhood Loan Fund, Inc. | Nonprofits | 5 | $479,711 |
| Rockingham Economic Development Corp | Nonprofits | 1 | $395,891 |
| Economic Development & Industrial Corp of Lynn | Nonprofits | 5 | $85,118 |
Open opportunities under this program
None is open or forecast on Grants.gov right now.
Questions people ask
How much Microloan Program money goes to Massachusetts?
$6.6 million from fiscal 2021 to 2025, across 36 awards. Massachusetts ranks 14th of 49 states and territories for this program.
Who receives Microloan Program money in Massachusetts?
The largest recipient is South Eastern Economic Development Corporation, with $2.2 million in 5 awards. Next are Common Capital, Inc. and The North Central Massachusetts Development Corporation.
Can organizations in Massachusetts apply now?
No opportunity under this program is open or forecast on Grants.gov right now. Programs often post once a year.
Microloan Program in other states
Other large programs in Massachusetts
- Grants to States for Medicaid
- Highway Planning and Construction
- Education Stabilization Fund
- Children's Health Insurance Program
- Disaster Grants - Public Assistance (Presidentially Declared Disasters)
- Temporary Assistance for Needy Families
- Federal Transit Formula Grants
- National School Lunch Program
- Allergy and Infectious Diseases Research
- Aging Research