COVID-19: Rep Waters HEROES Act Passage Desperately Needed
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…
Paycheck Protection Program
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Study: Whites Treated Better Than Blacks When Seeking Business Loans
Sterling Bone: "We find troubling patterns that that loan program, that PPP program, was not offered equally across our test groups." Photo: YouTube A new study out Wednesday…
Congress Pressured to Fund Black Businesses Struggling from COVID-19
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…
Black Businesses Suffering the Most From COVID-19 Crisis
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…
Mississippi: Local Groups offer Financial Aid To Black Businesses Shunned by Federal Stimulus
Higher Purpose Co staff poses for a picture. Credit: Higher Purpose Co Over the past decade, Hattiesburg native Marcus “DJ Kujho” Carr has been djing in venues across…
ONEUNITED BANK, LARGEST BLACK OWNED BANK, LAUNCHES 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…
COVID-19 PPP SMALL BUSINESS LOANS TO U.S. TERRITORIES INEQUITABLE SAY LAWMAKERS
Velázquez: “Small businesses in the five territories are facing the same dire conditions as those in the fifty states." Photo: YouTube U.S. Territories, like Puerto Rico and the…
REPORT: HOTELS REQUIRE MORE PPP LOAN FUNDING TO SAVE JOBS
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
The H.R. 266, the Paycheck Protection Program and Health Care Enhancement Act, by a vote of 388-5-1. Photo: YouTube Thursday, California Congresswoman Maxine Waters delivered a speech after…
NEW COVID-19 STIMULUS MUST INCLUDE AID FOR IMMIGRANT ESSENTIAL WORKERS
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 Immigrant rights activist…