Federal grant · project grant (b)

The Split Second Foundation Inc.

The Proposed Eda Investment Would Be for the Renovation of an Existing 10,077 Square Feet Commercial Building to Be Used as the Headquarters for the Split Second Foundation. the Proposed Project Components Would Include a New Hvac System, a New Elevator, Construction of a Second-floor Mezzanine for Office Space, Installation of a Generator, Roof Repairs, Electrical and Plumbing Upgrades, Installation of Building Equipment as Well as Site Work Including Outdoor Water Retention, Solar Panels, and Associated Appurtenances.

Committed

$1.8 Million

Paid to

UEI M84GQJC1ZQJ1

Po Box 8620, New Orleans, LA, 70182

Department of Commerce

Economic Development Administration

Place

NEW ORLEANS, LA, UNITED STATES

LA-02

Performance

Jun 1, 2024 → May 31, 2029

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

The Split Second Foundation Inc.

Committed

$1.8 Million

Paid to

The Split Second Foundation Inc.

UEI M84GQJC1ZQJ1

Po Box 8620, New Orleans, LA, 70182

Department of Commerce

Economic Development Administration

Place

NEW ORLEANS, LA, UNITED STATES

LA-02

Performance

Jun 1, 2024 → May 31, 2029

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 ↗