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Minority Entrepreneurs Struggled to Get Small-Business Relief Loans

Sunday, April 4, 2021
Stacy Cowley | The New York Times
Ashley Harrington
“The focus at the outset was on speed, and it came at the expense of equity,” said Ashley Harrington, the federal advocacy director at the Center for Responsible Lending. In the program’s final weeks — it is scheduled to stop taking applications on May 31 — President Biden’s administration has tried to alter its trajectory with rule changes intended to funnel more money toward women- and minority-led businesses, especially those with only a handful of employees.