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SBA Reduces Loans to Black Owned Business

SBA Reduces Loans to Black Owned Business man in black framed eyeglasses reading book

New research by the Cleveland Business Journal finds that the Small Business Administration has reduced lending to Black owned businesses by 84%, reports Cleveland.com.

The Small Business Administration has decreased its loans given to Black-owned businesses 84% since peaking before the Great Recession, according to research by the Cleveland Business Journal.

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