Essence Magazine:
By Jasmine Browley ·Updated July 7, 2023
Black founders will be getting a leg up this year according to new data about the Small Business Administration.
A report from Creative Investment Research shows the SBA’s 7(a) Loan Program, is projected to lend Black firms and businesses $1 billion this year. This is a significant uptick from the $599 million the entity reported in 2017.
“Access to capital is the key
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