The small business administration (SBA) microloan program provides direct loans and grants to eligible non-profit microlenders so that they may provide micro-level loans, and business based training…
Ended Formula Grant Awarded
- Award ID
- SBAHQ22Y0080
- Recipient
-
Southeast Asian Community Center UEI KKE2QRNSNB25
- Awarding agency
-
Office of the Chief Operating Officer
Small Business Administration
- Obligated
- $211,039
Award facts
- Assistance listing
- 59.046 Microloan Program
- Completion date
- Funding agency
- Office of Capital Access Small Business Administration
- Place of performance
- San Francisco, CA, USA
Award details come from USAspending.gov.
About this award
The Small Business Administration (SBA) awarded $211,039 under the Microloan Program (CFDA #59.046) Formula Grant to the Southeast Asian Community Center in San Francisco, CA for the period of July 1, 2022 to June 30, 2023.
The Microloan Program provides direct loans and grants to eligible non-profit microlenders to offer micro-level loans and business training/technical assistance to start-ups, new, and growing small businesses. This funding will allow the Southeast Asian Community Center to provide microloans and business support services to small businesses in their area, with a focus on women, low-income, and minority entrepreneurs per the program's purpose of expanding access to credit for these demographics in underserved communities.
Description
The small business administration (SBA) microloan program provides direct loans and grants to eligible non-profit microlenders so that they may provide micro-level loans, and business based training and technical assistance to start- up, newly established and growing small business concerns.
Quick answers
Who received award SBAHQ22Y0080?
SBAHQ22Y0080 was awarded to Southeast Asian Community Center by Office of the Chief Operating Officer (Small Business Administration) on July 1, 2022.
How much is award SBAHQ22Y0080 worth?
$211,039 has been obligated on SBAHQ22Y0080.
Which agency awarded SBAHQ22Y0080?
Office of the Chief Operating Officer (Small Business Administration) awarded SBAHQ22Y0080, with funding from Office of Capital Access (Small Business Administration).
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