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COVID-19 disproportionately affected minority businesses, entrepreneurs, Kenan Institute finds

CHAPEL HILL – It’s clear the federal government prioritized supporting small businesses during the COVID-19 pandemic, despite issues in the rollout and implementation of federal programs like the Payroll Protection Program (PPP) and the Economic Injury Disaster Loans (EIDL), found a new report from the Kenan Institute of Private Enterprise and the Entrepreneurship Center at the University of North Carolina at Chapel Hill’s Kenan-Flagler Business School. But many black-owned businesses did not have access to funds made available through the Payroll Protection Program, and recent research has found that there is documented bias in lending and systemic reasons why black entrepreneurs may choose not to use traditional banks.

C O non-farm businesses hurt by drought can seek SBA disaster loans

C.O. non-farm businesses hurt by drought can seek SBA disaster loans SACRAMENTO, Calif. (KTVZ) – Small nonfarm businesses in 18 Oregon counties and neighboring counties in California and Idaho are now eligible to apply for low-interest federal disaster loans from the U.S. Small Business Administration, announced Director Tanya N. Garfield of SBA’s Disaster Field Operations Center-West. These loans offset economic losses because of reduced revenues caused by drought in the following primary counties that began April 15, 2021. Primary Oregon counties:  Baker, Crook, Deschutes, Jefferson and Klamath; Neighboring Oregon counties:  Douglas, Grant, Harney, Jackson, Lake, Lane, Linn, Malheur, Marion, Union, Wallowa, Wasco and Wheeler;

SEC Chair Gensler Appoints Senior Advisors - Finance and Banking

To print this article, all you need is to be registered or login on Mondaq.com. SEC Chair Gary Gensler appointed several senior staff members to advise on matters before the Commission. The following individuals will be joining Chair Gensler s staff: Prashant Yerramalli as Chief of Staff, who had served in the same role for Acting Chair Allison Herren Lee; Heather Slavkin Corzo as Policy Director, who had been the Director of Capital Markets Policy at the American Federation of Labor and Congress of Industrial Organizations, the Head of U.S. Policy at the Principles for Responsible Investment and a Senior

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