COMMENTARY: Is the Economy Rebounding?
NNPA NEWSWIRE — Hundreds of thousands of small businesses, including 40 percent of Black-owned companies, have closed, resulting in permanent job loss. Some of the hardest-hit industries include the leisure industries — travel, dining, and more.
PRESS ROOM: NNPA Supports Magic Johnson’s Funding of Over $100 Million in PPP Loans for Minority and Women-Owned Businesses
NNPA NEWSWIRE — Johnson’s EquiTrust is providing critical financial support to underserved communities and businesses that have been traditionally neglected. These small and diverse businesses often have difficulty developing strong lending relationships with big banks. According to the Center for Responsible Lending, up to 90% of businesses owned by people of color have been, or will likely be, shut out of the PPP program.
