Minority businesses worry they are locked out of payroll lending program

Minority businesses worry they are locked out of payroll lending programThe Small Business Administration (SBA) reopened its Paycheck Protection Program (PPP) on Monday for up to $310 billion in loans for businesses affected by the coronavirus pandemic. "If the system is a first-come first-served system, it's going to be very hard for the smallest to get in," said Lisa Mensah, president and chief executive of the Opportunity Finance Network, a national association of community development financial institutions.




from RSSMix.com Mix ID 8260727 https://ift.tt/3bNa2yl

Comments

Popular posts from this blog