Rep. Velázquez Surveys Pandemic’s Impact on Food Businesses
Rep. Velázquez: “Many small businesses across the food system are still in the difficult position of figuring out how to pay rent and survive, while many have shut…
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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…
SBA’S PAYCHECK PROTECTION LOANS APPEAR TO EXCLUDE MANY CONSTRUCTION COMPANIES
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…
WATERS: COMMUNITY FINANCIAL INSTITUTIONS MUST BE INVOLVED IN HELPING SMALL BUSINESSES
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…
NY CONGRESSWOMAN VELAZQUEZ PUSHES LEGISLATION TO PROMOTE JOB AND ENTREPRENEURIAL TRAINING IN PRISONS
Rep. Nydia Velázquez: “The stigma of incarceration can make basic needs like employment inaccessible for those that have already paid their debt to society. For returning citizens, entrepreneurship…
NEW YORK CONGRESSMAN NADLER SAYS PROPOSED MARIJUANA LAW WOULD ADDRESS RACIST LEGACY OF “WAR ON DRUGS”
Rep. Nadler: "It was only in the early part of the 20th century that marijuana began to be criminalized in the United States—mainly because of misinformation and hysteria,…