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Legislative Summary from State Senator Nancy Skinner

I invite you to follow me on Twitter @NancySkinnerCA and Facebook and to visit my Senate website for regular updates on the status of my legislation and information on the state budget. It is a pleasure serving you in the state Senate.

State of californiaUnited statesTara lynn grayEverett sandsCommunity development financial institutionUniversity of california at santa cruzHr blockUnited states censu annual businessSmall business administrationCalifornia black chamberEthnic media servicesCalifornia office of the small businessPaycheck protection programCommunity development entityAfrican americansCalifornia office

Some Upbeat News for Black Businesses Still Reeling From Pandemic Losses

During a news briefing hosted by Ethnic Media Services last month, speakers discussed how small businesses in California and around the country can emerge from this crisis, catch the wave of what seems to be a gathering economic boom, or continue to tread water to stay afloat.

State of californiaUnited statesTara lynn grayEverett sandsCommunity development financial institutionUniversity of california at santa cruzHr blockUnited states censu annual businessSmall business administrationCalifornia black chamberEthnic media servicesCalifornia office of the small businessPaycheck protection programCommunity development entityAfrican americansCalifornia office

Everett Sands the Driving Force Behind Lendistry - Los Angeles Sentinel

CEO says the memory of his grandfather is the fuel that inspires him to make Lendistry the largest African American lead community lending institution in the country.

State of californiaUnited statesNew hampshireLos angelesDavid brambleConstance andersonEverett sandsCommunity development financial institutionLos angeles communityInstitutional developmentLendistry bankIvy leaguePaul school in concordUs armyUniversity of pennsylvaniaWells fargo

Ethnic Businesses in the Post Pandemic: Catch the Boom or Left Behind?

Since the pandemic started, 200,000 small U.S. businesses have closed permanently. Access to federal loans was limited. How can ethnic entrepreneurs stay afloat during the country’s economy reopening?

Trinidad and tobagoNew yorkUnited statesHoward university hospitalDistrict of columbiaAyanna pressleyMartin luther kingBen aliEverett sandsRo khannaGeorge floydCommunity financial institutionsWashington hospital centerUniversity of california at santa cruzEven united airlinesPaycheck protection program

PPP pandemic relief for small businesses is beset by confusion and dashed hopes

PPP pandemic relief for small businesses is beset by confusion and dashed hopes Don Lee © Provided by The LA Times Tiny businesses like those at the Paramount Swap Meet have struggled to survive over the past year. (Kent Nishimura / Los Angeles Times) The federal government’s massive Payroll Protection Program, which has been a lifeline for small businesses hit by the pandemic, has become so mired in confusion and delays as money runs out that hundreds of thousands of applicants may get no help, especially in underserved minority communities. During the first months after President Biden took office, his administration far exceeded its predecessor in channeling funds to vulnerable companies. But in recent weeks, as the program s May 31 expiration date draws near, the agency responsible for it has been overwhelmed, and lenders can’t even be sure how much money is still available for loans.

New yorkUnited statesLos angelesIsabella guzmanEverett sandsGavin newsomKent nishimura los angelesToby scammellAissatou barryApril jamesPayroll protection programLos angeles timesCongress onSmall business administrationLower east side people federal credit unionParamount swap meet

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