Report: 90% of Minority-Owned Businesses Shut Out of Paycheck Protection Program

Criticism is growing over a new government program that was supposed to help small business owners receive low-interest loans to stay afloat during the economic crisis. The New York Times recently revealed more than 200 publicly traded companies received over $750 million in small business loans before the initial funding ran out. The Intercept reports many of the biggest beneficiaries have been major Trump donors, including the owners of the Ritz-Carlton in St. Thomas. READ IN FULL

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