Few Minority-Owned Businesses Got Relief Loans They Asked For
This article dives into the results of the survey Color Of Change conducted with UnidosUS, interviewing 500 business owners and 1,200 workers on how COVID-19 is affecting them. The survey found that the Paycheck Protection Program and other federal relief efforts largely neglected business owners who are Brown and Black, and nearly half the respondents expect to close their businesses permanently within 6 months. Rashad Robinson is quoted, “If we don’t get policies to protect these communities, we will lose a generation of Black and Brown businesses.”