[Businessman Troy Parker]
Senator Rob Portman: “Troy was denied a PPP loan to help the small business he created because he had a past criminal record. Troy has turned his life around, and hired others seeking a second chance: he is someone we should be holding up…”
Photo: Rich Walberg
PPP
Black Businesses struggling from COVID-19, Structural Racism
[Black Business\COVID-19]]
CNBC: “Black small business owners have endured an especially tumultuous few months. They have been hit harder by the coronavirus pandemic, they have received less federal support…”
Photo: YouTube
International Community Denounced for Guyana Election Meddling
[Guyana Elections]
Demerara Waves: “The Foreign Minister slammed as “premature” the decision by the United States, United Kingdom, Canada, the European Union, and other members of the international community to intervene, to impact the outcome of the elections.”
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
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: COMMUNITY FINANCIAL INSTITUTIONS MUST BE INVOLVED IN HELPING SMALL BUSINESSES
[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