Southeast asian community center - CA

Ended Project Grant Awarded

Award ID
SBAHQ24Y0057
Recipient
Awarding agency
Obligated
$194,169

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

Written by GovTribe AI ·

The U.S. Small Business Administration (SBA) awarded a $194,169 Project Grant under the Microloan Program (CFDA 59.046) to the Southeast Asian Community Center in San Francisco, California. The grant will be used from July 1, 2024 to June 30, 2025 to provide microloans up to $50,000 and accompanying business training and technical assistance to start-up, newly established, and growing small businesses, with a focus on women, low-income, and minority entrepreneurs. As a microlender intermediary, the Southeast Asian Community Center aims to foster entrepreneurship and expand access to credit for underserved communities in the San Francisco area. In addition to the SBA Microloan Program grant, the organization has also received sub-awards to deliver small business technical assistance in multiple languages and support other economic development initiatives for immigrants and youth.

Quick answers

Who received award SBAHQ24Y0057?

SBAHQ24Y0057 was awarded to Southeast Asian Community Center by Office of the Chief Operating Officer (Small Business Administration) on July 1, 2024.

How much is award SBAHQ24Y0057 worth?

$194,169 has been obligated on SBAHQ24Y0057.

Which agency awarded SBAHQ24Y0057?

Office of the Chief Operating Officer (Small Business Administration) awarded SBAHQ24Y0057, with funding from Office of Capital Access (Small Business Administration).

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