Federal loan · direct loan (e)

Union County Economic Development Corporation

Awardtype: Direct Loans, Other Activities to Be Performed: Lending, Advisory Services, Grants. Deliverables: Loans Expected Outcomes: Successful Small Businesses. Intended Beneficiaries: Minority Group, Small Business, Private Nonprofit Institution/organization, Quasi-public Nonprofit Organization, Small Business Person, Women, Public Nonprofit Institution/organization. Subrecipient Activities: Na

Loan amount

Paid to

75 Chestnut Street, Cranford, NJ, 07016

Small Business Administration

Place

NJ, UNITED STATES

NJ-90

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 loan · direct loan (e)

Small Business Administration

Microloan Program to

Union County Economic Development Corporation

Loan amount

Paid to

Union County Economic Development Corporation

75 Chestnut Street, Cranford, NJ, 07016

Small Business Administration

Place

NJ, UNITED STATES

NJ-90

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 ↗