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Rampant racial disparities plagued PPP loan distribution - The San Diego Union-Tribune


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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.
Annie Graham, owner of Ms. Ann’s dress shop in Inglewood, had her application last year for a PPP loan rejected.
(James Bernal for Reveal / Los Angeles Times) ....

New York , United States , New Jersey , White House , District Of Columbia , Monterey Park , Los Angeles , Playa Del Rey , Herminia Reyes , Paulina Gonzalez Brito , Mark Mckenna , South Central Los Angeles , Manuel Venegas , Dan Letendre , Kevin Stein , Aaron Tang , Shannon Giles , Fannie Graham , Carra Wallace , James Bernal , Edward Flores , Magic Johnson , Lisa Schwab , Community Reinvestment , Relief Grant Program , California Reinvestment Coalition ,

Rampant racial disparities plagued PPP loan distribution


Print
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.
Annie Graham, owner of Ms. Ann’s dress shop in Inglewood, had her application last year for a PPP loan rejected.
(James Bernal for Reveal / Los Angeles Times) ....

New York , United States , White House , District Of Columbia , Monterey Park , Los Angeles , Playa Del Rey , Herminia Reyes , Paulina Gonzalez Brito , Mark Mckenna , South Central Los Angeles , Manuel Venegas , Dan Letendre , Kevin Stein , Aaron Tang , Shannon Giles , Fannie Graham , Carra Wallace , James Bernal , Edward Flores , Magic Johnson , Lisa Schwab , Community Reinvestment , California Reinvestment Coalition , Los Angeles Times , A New York Federal Reserve Bank ,

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. ....

New York , United States , White House , District Of Columbia , Monterey Park , Los Angeles , Playa Del Rey , Herminia Reyes , Paulina Gonzalez Brito , Mark Mckenna , South Central Los Angeles , Manuel Venegas , Dan Letendre , Kevin Stein , Fannie Graham , Aaron Tang , Shannon Giles , Carra Wallace , Edward Flores , James Bernal , Magic Johnson , Lisa Schwab , Community Reinvestment , California Reinvestment Coalition , Los Angeles Times , A New York Federal Reserve Bank ,