An estimated 95 percent of Black-owned businesses stood no chance of securing a Paycheck Protection Program (PPP) loan, according to reports from the Center for Responsible Lending.
The American Business Immigration Coalition (ABIC), together with the NAACP, Illinois Black Chamber of Commerce, Cook County, and Black Chicago Tomorrow, is working with Self-Help Federal Credit Union to change this and help Black-owned and other underserved businesses and nonprofits access forgivable loans through the federal Paycheck Protection Program (PPP).
IF YOU:
➡️ Need assistance applying for a PPP loan;
➡️ Applied at a bank but haven't heard back from your lender; OR
➡️ Want to find out if your business is eligible for a PPP loan
COMPLETE THE SURVEY BELOW!
Contact Larry Luster, ABIC Special Projects Coordinator, with questions at:
LLuster@americanbic.biz.