Black And Latino Small Business Owners Had Less Access To Loan Modifications
Study: More Evidence Of Inequity In Access To Bank Services To Help Small Businesses Survive The Pandemic Q4 2020 hedge fund letters, conferences and more Black And Latino Small Business Owners Had Less Access To Lease And Loan ModificationsThe federal government’s Paycheck Protection Program provided forgivable loans to help businesses survive the COVID-19 economic collapse. But that wasn’t enough. About four million small businesses closed permanently in 2020, and many needed other options, like modifications to outstanding loans and credit card debt. New research from the National Community...