Black American Business Owners Sound Off in New Survey of PPP by Jeffrey McKinney, Black Enterprise Magazine April 24, 2020 Financing from the Paycheck Protection Program (PPP) is getting a cool reception from black business owners. A new national survey of 50 small businesses conducted Thursday by Washington, D.C.-based Creative Investment Research on the Paycheck Protection Program and the Economic Injury Disaster Loan Emergency Advance (EIDL) Program was intended to get a true pulse of how effective the lending programs have been. The survey came out the same day the House ratied a bill by the Senate to pump roughly $310 billion more in loans to the Paycheck Protection Program, The Wall Street Journal reports. The PPP exhausted its initial $350 billion funding last week after being rolled out on April 3. The program for rms with up to 500 workers became law in late March as part of the $2 trillion coronavirus economic stimulus package. It was geared to help
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