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 Last action
- Award ID
- SBAHQ23Y0018
- Recipient
-
Pacific Community Fund UEI C2DJZHY19MJ5
- Awarding agency
-
Office of the Chief Operating Officer
Small Business Administration
- Obligated
- $121,380
Award facts
- Assistance listing
- 59.046 Microloan Program
- Completion date
- Funding agency
- Office of Capital Access Small Business Administration
- Place of performance
- Daly City, CA, USA
Award details come from USAspending.gov.
About this award
The Small Business Administration (SBA) provided a $121,380 Microloan Program (CFDA 59.046) Formula Grant to the National Asian American Coalition, a minority-owned non-profit organization, to deliver micro-level loans and business training and technical assistance to start-up, newly established, and growing small business concerns, with a focus on serving Asian-Pacific American communities and entrepreneurs. The grant period runs from July 1, 2023 to June 30, 2024. Through this funding, National Asian American Coalition will provide microloans under $100,000 and offer business development services to support the growth of small businesses in areas lacking access to credit.
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 SBAHQ23Y0018?
SBAHQ23Y0018 was awarded to Pacific Community Fund by Office of the Chief Operating Officer (Small Business Administration) on July 1, 2023.
How much is award SBAHQ23Y0018 worth?
$121,380 has been obligated on SBAHQ23Y0018.
Which agency awarded SBAHQ23Y0018?
Office of the Chief Operating Officer (Small Business Administration) awarded SBAHQ23Y0018, with funding from Office of Capital Access (Small Business Administration).
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