Monday, April 12, 2021

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Home Video '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.

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