Federal grant · project grant (b)

Belmont College

This Eda Investment Supports Belmont College With Constructing a New Construction Trades Building, to House the College's Hvac and Building Preservation and Repair Programs in ST. Clairsville, Ohio. Once Completed, the Project Will Help the Region With Recovery Efforts From the Decline of the Coal Industry and the COVID-19 Pandemic by Diversifying the Regional Economy, Enhancing Job Creation, and Attracting Private Investment, Which Will Help Strengthen and Advance Economic Resiliency Throughout the Region.

Committed

$5.0 Million

Paid to

Belmont College

UEI L3JEQPLRUBK3

68094 Hammond Road, Saint Clairsville, OH, 43950

Department of Commerce

Economic Development Administration

Place

SAINT CLAIRSVILLE, OH, UNITED STATES

OH-06

Performance

Sep 7, 2022 → Jul 7, 2025

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

Investments for Public Works and Economic Development Facilities to

Belmont College

Committed

$5.0 Million

Paid to

Belmont College

UEI L3JEQPLRUBK3

68094 Hammond Road, Saint Clairsville, OH, 43950

Department of Commerce

Economic Development Administration

Place

SAINT CLAIRSVILLE, OH, UNITED STATES

OH-06

Performance

Sep 7, 2022 → Jul 7, 2025

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 ↗