Program Aims to Help 10,000 Black Business Owners Get PPP Loans

Nationwide — The third round of PPP funding will aim to guarantee that thousands of African American entrepreneurs will get a fair chance. This comes after the first two rounds disproportionately left out thousands of minority-owned businesses in underserved communities. One new method that has been implemented to help ensure that more Black business owners will be included is that priority for the loans has been given to smaller, community-based lenders that are based in underprivileged urban areas.   At least one confirmed Black-owned firm, Diversity City Media, has partnered with…

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