Biden-Harris Administration Announces Significant Increase in Lending to Black-Owned Small Businesses
… more than doubled under the Biden-Harris Administration, with nearly $1.5 billion in lending. “Underinvestment in … loan numbers show we are seeing results from our actions, with loans to Black-owned businesses doubling since President … loans with favorable terms to fill market gaps and get needed funding into small businesses. The SBA backed 4,781 …