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Our Results
Mission & History | Awards & Recognition | Our Results | Our Staff | Our Partners | Contact Us
Every year PACE BDC assists over 1,200 low-to-moderate income women and men start or grow their business.
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Assisted over 9,000 start-up and existing businesses, facilitating the establishment of 900 new businesses in Central/South Central Los Angeles & San Gabriel Valley
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Created over 1,000 jobs, and helped to retain 3,000 jobs since 1992
Training:
Counseling:
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Comerica Bank Technical Assistance Initiative - 2002: Credit Repair Workshops and TA: Yearly goals in Workshops Held, Total Workshop Hours, # of Participants and Total 1-on-1 TA hours surpassed during the two year duration of the program. 170 individuals participated in Credit Repair workshops. 35 participants received 122 hours of technical assistance, in order to enable them to improve their credit scores, and therefore their chances of receiving loans.
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Facilitated the launch of forty (40) new micro-enterprises among participants of the Los Angeles City Welfare-to-Work program, enabling individuals to leave the welfare rolls, and, in some cases, to develop enterprises employing other welfare recipients as well
Loan Packaging:
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Packaged over $30 million in loans, including $1.85 million in SBA Disaster Loans for 69 travel-related businesses impacted by the September 11 World Trade Center and Pentagon disasters.
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Facilitated over 150 micro-loans for BDC program participants in 2001-2004.
Tax Preparation:
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