Minority-owned businesses are struggling to get PPP loans
Clip: 6/20/2020 | 8m 3sVideo has Closed Captions
Why minority-owned businesses are struggling to get PPP loans
The Paycheck Protection Program or PPP provides federally-backed forgivable loans to businesses whose revenues may be impacted by the COVID-19 crisis. According to the Center for Responsible Lending, little of the $659 billion fund has made it to Latino and Black-owned businesses, despite being the communities hit hardest by the crisis. NewsHour Weekend’s Ivette Feliciano reports.
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Problems playing video? | Closed Captioning Feedback
Major corporate funding for the PBS News Hour is provided by BDO, BNSF, Consumer Cellular, American Cruise Lines, and Raymond James. Funding for the PBS NewsHour Weekend is provided by...
Minority-owned businesses are struggling to get PPP loans
Clip: 6/20/2020 | 8m 3sVideo has Closed Captions
The Paycheck Protection Program or PPP provides federally-backed forgivable loans to businesses whose revenues may be impacted by the COVID-19 crisis. According to the Center for Responsible Lending, little of the $659 billion fund has made it to Latino and Black-owned businesses, despite being the communities hit hardest by the crisis. NewsHour Weekend’s Ivette Feliciano reports.
Problems playing video? | Closed Captioning Feedback
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Major corporate funding for the PBS News Hour is provided by BDO, BNSF, Consumer Cellular, American Cruise Lines, and Raymond James. Funding for the PBS NewsHour Weekend is provided by...