New research continues to show Black businesses disproportionately impacted by Covid-19

New research continues to show Black businesses disproportionately impacted by Covid-19

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Minority business owners remain more fearful of having to permanently shutter than their white counterparts due to Covid-19 and have reported less success in securing loans, according to a new poll by the U.S. Chamber of Commerce and MetLife. New research from the Federal Reserve Bank of New York also quantifies the disproportionate impact the pandemic has had on communities of color. Both of the reports confirm what the Baltimore Business Journal found in its review of Paycheck Protection Program…

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