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Rampant racial disparities plagued how PPP loans were distributed in the U S

Rampant racial disparities plagued how PPP loans were distributed in the U.S. Alejandra Reyes-Velarde, Laura C. Morel, Mohamed Al Elew, Emily Harris © Provided by The LA Times Edward Flores, owner of Juanita s Cafe on Olvera Street, had to cut his operating hours and lay off his staff last year amid the pandemic. (James Bernal for Reveal / Los Angeles Times) Like other Black entrepreneurs in her Inglewood neighborhood, Annie Graham has struggled to keep her business afloat during the pandemic. At Ms. Ann’s clothing boutique on Manchester Boulevard, the Easter finery Graham stocked last spring remains on the racks. Also untouched are many of the exclusively white outfits for weddings and parties that she sells at her storefront next door, the White House. Customers, she said, mostly buy dresses now for funerals.

LIGHTFOOT s FRUSTRATION — MAYORS MOBILIZE — JILL BIDEN s VISIT — DETAILS OF CANNABIS FIX — MONDALE s CHICAGO MOMENTS

POLITICO Get the Illinois Playbook newsletter Email Sign Up By signing up you agree to receive email newsletters or updates from POLITICO and you agree to our privacy policy and terms of service. You can unsubscribe at any time and you can contact us here. This sign-up form is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply. Presented by CVS Health Happy Tuesday, Illinois. When they say Midwestern weather is a confusing pile of garbage, they mean today. Enjoy the snow. TOP TALKER Chicago Mayor Lori Lightfoot couldn’t control her frustration Monday with the persistent crime problem in the city that saw five more deaths over the weekend, including a 7-year-old in her dad’s car at a McDonald’s.

3 arrested after shootout with detectives in Portales

3 arrested after shootout with detectives in Portales VIDEO: 3 arrested after shootout with detectives in Portales By Bailie Myers | February 25, 2021 at 11:31 AM CST - Updated February 25 at 5:24 PM PORTALES, N.M. (KFDA) - Officials said three people were arrested after a shooting involving detectives from the Portales Police Department last night. Police were sent at 7:37 p.m. to follow up on a reported shooting. The investigation led detectives to a home in Alta Tera later that night. Detectives attempted to gain access to the home by knocking on the door, and the occupants verbally threatened the officers. While detectives awaited backup, shots were fired from within the home.

PPP loans reach $72 7 billion in new round with big lenders

It Was a Joke : Some business got tiny PPP loans – Finance & Commerce

. The Paycheck Protection Program was a lifeline for millions of small businesses brutalized by the pandemic. Over a four-month span, the government program distributed $523 billion in forgivable loans to more than 5 million companies. The average recipient got just over $100,000. And then there were the roughly 300 business that received loans of $99 or less. Judith Less, who runs a thrift shop in New Jersey, got $27. Nikki Smith, a baker and caterer in Oregon, collected $96. A.J. Burton, the founder of a record label in Arkansas, got $78. And Susana Dommar, a chiropractor in Texas, received a loan for just $1. Stephanie Ackerman, a self-employed college admissions consultant, was shocked when her loan deposit, for $13, showed up in her bank account.

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