Wells Fargo Commitment Could Potentially Result in Billions for Small Businesses

Wells Fargo Commitment Could Potentially Result in Billions for Small Businesses

NNPA NEWSWIRE — “We also noticed that diverse individuals were having a very negative impact, and with the data, it was coming to 41 percent or 450,000 Black-owned businesses closed when COVID hit. That is a disproportionate impact not only to the entrepreneurs but also to the employees they have and the pocketbook,” said Jenny Flores, Wells Fargo’s head of small business growth philanthropy.

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