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.

PRESS ROOM: NNPA Supports Magic Johnson’s Funding of Over $100 Million in PPP Loans for Minority and Women-Owned Businesses Read More »