SBA Archives - Black Enterprise

Agriculture Businesses, Including Black Farmers, Can Qualify For SBA Disaster Loans Up to $150,000

Jeffrey McKinneyMay 15, 2020May 15, 2020

by Jeffrey McKinneyMay 15, 2020May 15, 20208940

Black farmers are eligible for disaster loans the U.S. Small Business Administration is providing to agricultural businesses hit hard by the coronavirus....

Entrepreneurship

Retired Harvard Business School Professor: Black Businesses, Please Take The PPP Money!

Derek T. DingleMay 13, 2020May 13, 2020

by Derek T. DingleMay 13, 2020May 13, 20203996

Retired Harvard Business prof. Steve Rogers encourages black business owners to apply for funds through the SBA's Paycheck Protection Program....

Entrepreneurship

Black American Business Owners Sound Off in New Survey of PPP Programs

Jeffrey McKinneyApril 24, 2020April 24, 2020

by Jeffrey McKinneyApril 24, 2020April 24, 20202249

Results are in from a new national survey of small black-owned businesses conducted by Creative Investment Research on the Paycheck Protection Program...

COVID-19 News

Shake Shack, Ruth’s Chris, and Large Food Chains Cashed Out on PPP Loans While Small Businesses Were Shut Out

Derek MajorApril 20, 2020April 20, 2020

by Derek MajorApril 20, 2020April 20, 2020730

The Paycheck Protection Program (PPP) was meant to keep small businesses afloat during the coronavirus outbreak, but some big chains have received funds....

Entrepreneurship

Uncertainty Looms as Funding for PPP Business Loans Dwindles

Jeffrey McKinneyApril 15, 2020April 15, 2020

by Jeffrey McKinneyApril 15, 2020April 15, 2020422

A growing concern has been if some black small businesses and faith-based organizations will be able to even access PPP before the funding runs out....

Entrepreneurship

The SBA’s Paycheck Protection Program May Be Harming Black Business Owners

Dana GivensApril 13, 2020April 13, 2020

by Dana GivensApril 13, 2020April 13, 2020577

Black business owners are saying the Small Business Administration’s (SBA) Paycheck Protection Program (PPP) isn't helping to keep their doors open....

Entrepreneurship

Trump’s 2020 Budget Is A Recipe of Disaster for Black Businesses, Says the U.S. Black Chambers

Jeffrey McKinneyApril 17, 2019April 17, 2019

by Jeffrey McKinneyApril 17, 2019April 17, 2019333

“On the heels of a month-long government shutdown that cost small businesses billions of dollars, this budget is another sign that small businesses are not...

Career Entrepreneurship Leadership

The 15 Top Black News Stories of 2018

BLACK ENTERPRISE EditorsDecember 26, 2018

by BLACK ENTERPRISE EditorsDecember 26, 2018249

Black Enterprise covered some of the biggest black news stories in 2018 surrounding business and career. Spotify and Google put out a massive call for...

Entrepreneurship

Vistra CEO Named Small Business Administration’s Minority-Owned Business Person of The Year

Adedamola AgboolaApril 13, 2018April 13, 2018

by Adedamola AgboolaApril 13, 2018April 13, 2018129

Brian Butler, the chief executive of Vistra Communications, LLC, has been named the 2018 Small Business Administration’s minority-owned small business person of the year in...

Entrepreneurship

Trump’s Head of SBA Pick Impacts Minority And Women Entrepreneurs

Carolyn M. BrownDecember 8, 2016September 30, 2017

by Carolyn M. BrownDecember 8, 2016September 30, 201788

Small business advocates are weighing in on President-elect Donald Trump as he nominates professional-wrestling executive Linda McMahon to head the Small Business Administration. She is...