Thursday, March 28, 2024

Learn More about WPBS Passport! Click Here

HomeVideo'First affected' and 'hit the hardest:' Minority-owned businesses' struggle for PPP funds

‘First affected’ and ‘hit the hardest:’ Minority-owned businesses’ struggle for PPP funds

The U.S. Senate on Thursday voted to extend the application period for the Paycheck Protection Program until the end of May. Since the program began, over $700 billion have been distributed to small businesses to help cover losses during the pandemic. But minority-owned businesses have found accessing those funds harder. We talked to several Latino business owners and lenders about the issue.

Stream your PBS favorites with the PBS app: https://to.pbs.org/2Jb8twG
Find more from PBS NewsHour at https://www.pbs.org/newshour
Subscribe to our YouTube channel: https://bit.ly/2HfsCD6

Follow us:
Facebook: http://www.pbs.org/newshour
Twitter: http://www.twitter.com/newshour
Instagram: http://www.instagram.com/newshour

Subscribe:
PBS NewsHour podcasts: https://www.pbs.org/newshour/podcasts
Newsletters: https://www.pbs.org/newshour/subscribe