PPP
-
Advocates Demand Racial Equity as Key PPP Changes Begin
With less income, higher unemployment, and less access to financial resources, both businesses and consumers alike strive to hold on…
Read More » -
Small Businesses Get First Crack at PPP Funding; D.C. Mayor Lauds Biden for Program Reform
D.C. Mayor Muriel Bowser praised President Biden for his administration's reforms to the Paycheck Protection Program, which will provide additional…
Read More » -
Magic Johnson’s EquiTrust to Fund Over $100M in PPL Loans
Dr. Benjamin F. Chavis Jr., president and CEO of the National Newspaper Publishers Association (NNPA), recently announced that he and…
Read More » -
Kanye West’s Company Gets Multimillion-Dollar Coronavirus Relief Loan from Feds
Billionaire rapper Kanye West's company has received a multimillion-dollar loan as part of the federal government's coronavirus stimulus package, according…
Read More » -
Senate Extends Coronavirus Relief Program for Small Businesses
The Senate, through the efforts of Sen. Ben Cardin (D-Md.) and the Democratic caucus, has approved a temporary extension of…
Read More » -
House Leaders Demand Details on Small-Business Loan Program
As the remaining days dwindle for small businesses to apply for loans through the federal Paycheck Protection Program (PPP), both…
Read More » -
MORIAL: NUL Helps Minority-Owned Businesses, Community-Based Institutions Get COVID-19 Funding
The National Urban League advocated relentlessly to make sure the next relief package included targeted relief for the neighborhood-based businesses…
Read More » -
Congressional Leaders Call Emergency Meeting for Small Businesses Shut Out of Stimulus Program
Several Black-owned companies crippled by the coronavirus pandemic are demanding answers after being shut out of the CARES Act's Paycheck…
Read More » -
Owners of Ben’s Chili Bowl Determined to Keep Restaurant Afloat
The owners of Ben's Chili Bowl's flagship restaurant in northwest D.C. say that despite a glaring reduction in revenue brought…
Read More » -
$349 Billion COVID-19 Aid Program Shortchanges Businesses of Color
Instead of providing needed relief for struggling businesses, the PPP is just the latest iteration of federal funding and resources…
Read More »