Local Initiatives Support Corp.: $15 Million From Wells Fargo Will Ramp Up LISC-Kiva Support for Vulnerable Small Businesses
July 10, 2020
July 10, 2020
NEW YORK, July 10 -- The Local Initiatives Support Corp. issued the following news release:
Wells Fargo is donating approximately $400 million in Paycheck Protection Program processing fees through a new program to support small businesses owned by people who have been hit hardest by COVID-19.
With 41% of their businesses closed because of the COVID-19 pandemic, Black business owners have faced the largest shutdown of any segment in the country, said Ron Busby, presiden . . .
Wells Fargo is donating approximately $400 million in Paycheck Protection Program processing fees through a new program to support small businesses owned by people who have been hit hardest by COVID-19.
With 41% of their businesses closed because of the COVID-19 pandemic, Black business owners have faced the largest shutdown of any segment in the country, said Ron Busby, presiden . . .