Federal grant · project grant (b)
This Eda Investment Supports the Purchase Area Development District (purchase Add), With Establishing a Revolving Loan Fund (RLF), to Provide Financial Support and Technical Assistance to Businesses Affected by the December 2021 Storm, Natural Disasters (tornadoes), and the COVID-19 Pandemic That Impacted the Mayfield, Kentucky Region. the RLF Will Provide Capital Access to Businesses That Cannot Otherwise Obtain Traditional Bank Financing. These Loans Provide Access to Capital as Gap Financing to Enable Small Businesses to Grow and Generate New Employment Opportunities With Competitive Wages and Benefits in the Area. Once Implemented, the RLF Will Provide Access to Working Capital, Which Will Help With Recovery Efforts From the COVID-19 Pandemic and Natural Disasters, Bolster Job Creation and Retention, Attract Private Investment, and Advance Economic Resiliency Throughout the Region.
Committed
$3.2 Million
Paid out
$2.2M
68%
Committed, not yet paid
$1.0M
32%
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 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.
The cash actually disbursed against this award. The gap from committed is the disbursement pipeline: promised, not yet cashed.
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.
One bar, the award’s whole arithmetic: paid out, then committed, not yet paid, then .
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