Federal grant · project grant (b)

Paden City Development Authority, Inc.

The Eda Investment Will Assist Paden City With a Market Analysis of Their Current Position in a Regional Economy and Identify Improvements Needed to Attract New Jobs and Private Investment. the Goal of This Feasibility Study Is to Implement the Identified Property Improvements and Transform a Vacant Industrial Space Into Manufacturing or Related Business Space. This Will Increase the Local Tax Base, Increase Local Employment, Help Support Regional Economic Growth Create the Potential for Investment in a Opportunity Zone, Stabilize a Increase the Working Population, and Resiliency of the Local Economy.

Committed

$79,200

Paid to

UEI JK4UHNNEVZ59

425 South 4TH Avenue, Paden City, WV, 26159

Department of Commerce

Economic Development Administration

Place

PADEN CITY, WV, UNITED STATES

WV-02

What it funds

How to read these numbers

One award, start to finish: Everything here is this single award's whole record — signed, amended, paid — not a fiscal-year slice. The by-year charts elsewhere split an award across the years it was committed; this page keeps it whole.
Committed vs. ceiling: Committed is what the government has legally promised on this award so far. Contracts can also carry a ceiling — the maximum if every option is exercised. Unspent ceiling is headroom, not money owed.
Paid out: The cash actually disbursed against this award. The gap from committed is the disbursement pipeline: promised, not yet cashed.
The ledger: Each transaction is a signing event — an action that created or changed the award, dated the day it was signed — not a payment. Negative amounts are real: money de-committed at closeout or renegotiation.
The money bar: One bar, the award’s whole arithmetic: paid out, then committed, not yet paid, then .

Source

This award on USAspending.gov ↗

Federal grant · project grant (b)

Department of Commerce

Economic Development Administration

Economic Adjustment Assistance to

Paden City Development Authority, Inc.

Committed

$79,200

Paid to

Paden City Development Authority, Inc.

UEI JK4UHNNEVZ59

425 South 4TH Avenue, Paden City, WV, 26159

Department of Commerce

Economic Development Administration

Place

PADEN CITY, WV, UNITED STATES

WV-02

What it funds

How to read these numbers

One award, start to finish: Everything here is this single award's whole record — signed, amended, paid — not a fiscal-year slice. The by-year charts elsewhere split an award across the years it was committed; this page keeps it whole.
Committed vs. ceiling: Committed is what the government has legally promised on this award so far. Contracts can also carry a ceiling — the maximum if every option is exercised. Unspent ceiling is headroom, not money owed.
Paid out: The cash actually disbursed against this award. The gap from committed is the disbursement pipeline: promised, not yet cashed.
The ledger: Each transaction is a signing event — an action that created or changed the award, dated the day it was signed — not a payment. Negative amounts are real: money de-committed at closeout or renegotiation.
The money bar: One bar, the award’s whole arithmetic: paid out, then committed, not yet paid, then .

Source

This award on USAspending.gov ↗