Black Businesses Cheated in First PPP loans says U-M Researcher

Black Local and National News

by BA 26 Views

Photo: YouTube The first iteration of the federal Paycheck Protection Program was by most accounts a success in helping small businesses survive in a pandemic, despite some high-profile stumbles. But as the money was released last spring, data showed that Black-owned businesses were closing at higher rates than white-owned businesses.Tags:& Black Star Newsfederal Paycheck Protection ProgramBlack-owned businesseshelping small businessesFelix KaboPPP funding