Primary Recipient

UTAH MICROENTERPRISE LOAN FUND

Amount

$500,000.00

Award Date

6/29/2009

Administering Agency

Treasury, Department of / Community Development Financial Institutions

CDFA Number

21.020

CDFA Program Title

Community Development Financial Institutions Program

Description

This award will be used for loan loss reserves for microenterprise loans. It will cover at least 20 microenterprise loans of up to $25,000. These loans are made to new and existing small business owners that are NOT able to access traditional sources of