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and loans. But these wins come after a year of economic woes that have exacerbated the headwinds facing minority small business owners. A White House official noted that beyond the more...
Minority-owned small businesses could be disproportionately affected by COVID-19.
America is experiencing a small business boom. SBA loans for minority entrepreneurs are a bigger part of the story.
According to a survey released Monday, only 12% of minority-owned small businesses were able to secure the loans they requested.
Black-owned small businesses are growing, and can tap SBA loans, but access to capital from banks is a hurdle and securing banking relationships is critical.
The Small Business Administration will give priority to minority-owned businesses that have struggled to obtain coronavirus... PPP loans, which Congress overhauled in the Covid-19 relief...
Minority Entrepreneurs Struggled to Get Small-Business Relief Loans A year after the Paycheck Protection Program started, studies show how its design hurt Black- and other minority-owned...
The CARES Act required the Small Business Administration to tell banks to prioritize underserved communities for coronavirus relief loans. That didn't happen, a new inspector general's report found.
Minority-owned firms are much less likely to be approved for small business loans than white-owned firms. And, even if they do get approved, minority-owned firms are more likely to receive lower am...