[COVID-19\”Heroes Act”]
Waters: “When asked by a reporter this week if a coronavirus bill would pass by the end of the month, Mitch McConnell reportedly laughed and said ‘no.’…There is nothing funny about any of this.”
Photo: YouTube
Paycheck Protection Program
Study: Whites Treated Better Than Blacks When Seeking Business Loans
[National Community Reinvestment Coalition]
Sterling Bone: “We find troubling patterns that that loan program, that PPP program, was not offered equally across our test groups.”
Photo: YouTube
Congress Pressured to Fund Black Businesses Struggling from COVID-19
[Black Businesses]
Politico: “One widely cited economic analysis showed that Black-owned businesses were slammed the most by Covid-19, with the number of owners plunging by 41 percent from February to April.”
Photo: YouTube
Black Businesses Suffering the Most From COVID-19 Crisis
[Black Business\COVID-19]
Times: More than 40 percent of Black business owners reported they weren’t working in April, when businesses were feeling the worst of the pandemic’s economic consequences. Only 17 percent of white small business owners said the same.
Photo: YouTube
ONEUNITED BANK, LARGEST BLACK OWNED BANK, LAUNCHES SBA PAYCHECK PROTECTION PROGRAM
[ONEUNITED BANK\SBA PAYCHECK PROTECTION PROGRAM]
OneUnited has unique access to $30 billion of stimulus funding that was allocated to Minority Depository Institutions (MDIs) and Community Development Financial Institutions (CDFIs) as part of the second round of PPP.
Photo: OneUnited Bank
COVID-19 PPP SMALL BUSINESS LOANS TO U.S. TERRITORIES INEQUITABLE SAY LAWMAKERS
[COVID-19\PPP Loans]
Velázquez: “Small businesses in the five territories are facing the same dire conditions as those in the fifty states.”
Photo: YouTube
REPORT: HOTELS REQUIRE MORE PPP LOAN FUNDING TO SAVE JOBS
[COVID-19\Small Business Hotels]
New report shows without increased loan limits in the Paycheck Protection Program (PPP), small business hotels won’t be able to keep doors open and rehire employees.
Photo: AHLA
WATERS: I SUPPORT LATEST COVID-19 RELIEF PACKAGE, BUT MORE MUST BE DONE
[H.R. 266 PPP Act]
The H.R. 266, the Paycheck Protection Program and Health Care Enhancement Act, by a vote of 388-5-1.
Photo: YouTube
NEW COVID-19 STIMULUS MUST INCLUDE AID FOR IMMIGRANT ESSENTIAL WORKERS
[COVID-19\ CARES Stimulus Package]
Angelica Salas: “This country must protect every worker, including immigrants…At 15-19 percent of the country’s population, their suffering will affect all of us.”
Photo: YouTube
