April 29, 2020
The Small Business Administration (SBA) reopened its Paycheck Protection Program (PPP) on Monday for up to $310 billion in loans for businesses affected by the Coronavirus pandemic.
Minority businesses worry they are locked out of payroll lending program
Smaller businesses, especially those owned by black and Hispanic entrepreneurs, often lack traditional banking relationships, which could make it more difficult for them to access loans under the program.
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Coronavirus Disease

Coronavirus disease (COVID-19) is an infectious disease caused by a newly discovered coronavirus.

Most people infected with the COVID-19 virus will experience mild to moderate respiratory illness and recover without requiring special treatment. Older people, and those with underlying medical problems like cardiovascular disease, diabetes, chronic respiratory disease, and cancer are more likely to develop serious illness.

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