Pacific asian consortium in employment - CA

Ended Formula Grant Awarded Last action

Award ID
SBAHQ23Y0028
Recipient
Awarding agency
Obligated
$278,598

Award facts

Assistance listing
59.046 Microloan Program
Completion date
Funding agency
Office of Capital Access Small Business Administration
Place of performance
Los Angeles, CA, USA

Award details come from USAspending.gov.

About this award

The Pacific Asian Consortium in Employment (PACE) received a $278,598 Formula Grant award from the Small Business Administration under the Microloan Program (CFDA 59.046) for the period of July 1, 2023 through June 30, 2024. As a minority-owned, non-profit community development corporation located in Los Angeles, PACE will utilize the funding to provide technical assistance, microloans, training, and advisory services to women-owned, minority-owned, and other qualifying small business concerns and entrepreneurs. Services include microfinance lending to startups and existing small businesses, COVID-19 relief aid, women's business development assistance, and minority business growth consulting. PACE annually serves over 50,000 individuals through similar workforce development, business consulting, and social services programs delivered under prime federal grants and as a subrecipient of local workforce funding.

Quick answers

Who received award SBAHQ23Y0028?

SBAHQ23Y0028 was awarded to Pacific Asian Consortium In Employment by Office of the Chief Operating Officer (Small Business Administration) on July 1, 2023.

How much is award SBAHQ23Y0028 worth?

$278,598 has been obligated on SBAHQ23Y0028.

Which agency awarded SBAHQ23Y0028?

Office of the Chief Operating Officer (Small Business Administration) awarded SBAHQ23Y0028, with funding from Office of Capital Access (Small Business Administration).

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