Tag: finance

BLACK BUSINESSES TO SEE $1B IN LOANS FROM THE SMALL BUSINESS ADMINISTRATION

Based on a calculated analysis by Creative Investment Research, the SBA’s 7(a) Loan Program, the agency’s main and most common lending program, is projected to lend Black firms and businesses $1 billion this year, a whopping jump from $599 million in 2017. The Washington, D.C.-based firm figured 7.76% of SBA loans were issued to Black […]