HAP Receives $350,000 from Small Business Administration for Microloans for Small Business Development Program
Hmong American Partnership (HAP) has received $350,000 from the Small Business Administration (SBA) to provide microloans to small businesses through our Small Business Development Program. This allows business owners to help develop their business plan and finance capital.
CEO Bao Vang of HAP said the economic development organization is “very excited to be one of the newest micro loan SBA lenders in the Twin Cities region.”
“We pride ourselves in understanding the unique business needs of the Hmong, Southeast Asian, and immigrant and refugee communities,” Vang said. “With SBA support, we will continue to work towards achieving our mission and moving our communities from poverty to prosperity.”
Read more here: http://www.startribune.com/hmong-american-partnership-ge?/?/