[Urban League\COVID-19]
Morial: “More than 30,000 Americans have died of COVID-19, and African Americans are more likely to die than any other group…That’s why that Urban League Movement’s role as economic first responders is more important than ever before.”
Photo: National Urban League
[SBA COVID-19 Relief Loan Funding]
Velazquez: “To expand opportunities for women-, minority-, and veteran-owned businesses, we must increase the role of mission-based lenders, those who are deeply embedded in their communities, such as community banks, community development financial institutions, and SBA microloan intermediaries.”
Photo: YouTube
[COVID-19\Small Business]
Attorney General James: “Hardworking families and small businesses across the country are struggling more than ever because of this pandemic.”
Photo: Twitter
[Paycheck Protection Program\Economic Injury Disaster Loan Program]
SBA Administrator Jovita Carranza: “While every American is being affected by COVID-19, the impact of this pandemic is particularly hurting our schools and places of worship, and disproportionately impacting the underrepresented communities.”
Photo: YouTube
[COVID-19\Paycheck Protection Program]
AGC: “We urge the President and the Administrator of the Small Business Administration to immediately clarify the eligibility standard for the program so that all construction firms that employ fewer than 500 people are able to take advantage.”
Photo: YouTube
[Community Financial Institutions]
The PPP allows financial institutions to provide forgivable loans to small businesses so they can keep employees on their payroll while having additional funds to pay rent, utilities and other costs.
Photo: YouTube
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