The mission of the Asian Pacific Islander Small Business Program (API SBP) is to assist the development of small and micro businesses in Los Angeles with a particular focus on the Chinese, Filipino, Japanese, Korean and Thai business communities, especially those of low income immigrants.
Our objectives:
Help entrepreneurs and small businesses overcome barriers to growth and success
Generate jobs and sustainable businesses in the community
Accommodate the unique economic needs of low income immigrants
Serve as a link between the mainstream economy and ethnic small businesses
Currently Viewing: 2017 Reporting Data
Summary
Provides Microenterprise LoansNo
Tracks Credit ScoresYes
Reports Borrower Credit PerformanceNo
Other Financing Products
Small Business LoansNo
Leverage Package or Guarantee Loans?Yes
Services Provided
Training and Technical Assistance (TA) Services
Business Training (group based instruction)
Business Technical Assistance (one-on-one assistance)
Business Development Services
Coaching/Mentoring
Financial Literacy
Credit Counseling
Business Incubation
Business Development Training
Number Receiving Training 2,236
Number Receiving TA 464
Individuals Served 2,700
Clients Served 464
Demographics
Gender
Women - 60.99%
Men - 39.01%
Other - 0%
Unknown - 0%
>
Ethnicity
Mixed-race - 0%
African American/African-born - 0.86%
Latino - 1.51%
White/Caucasian - 6.47%
Asian/Pacific Islander - 91.16%
South Asian - 0%
Native American/Alaska Native - 0%
Other - 0%
Unknown - 0%
>
HUD Low Income Standard
Below - 82.54%
Above - 17.46%
Unknown - 0%
>
Business Status
Business Status
Operating - 50%
Not Operating - 50%
Unknown - 0%
>
General Program Info
Area Types Served
Urban
Member Associations
California Association for Microenterprise Opportunity, CA
Geographic Area Served
California
Geographic Area Served DescriptionLos Angeles County, California
Other Locations
38443200 West Temple StreetLos AngelesCA90026
3845767 North Hill Street, Suite 400Los AngelesCA90012
38463727 West 6th Street, Suite 300Los AngelesCA9002038476376 Yucca Street, Suite BLos AngelesCA90028
Staffing
# FTEs 7
Individuals Served per Full-Time Equivalent Staff 385.71
Clients Served per Full-Time Equivalent Staff 66.29