Magic Johnson Offering $100 Million In Loans To Women And Minority Owned Businesses

Magic Johnson wants to help out women and minority owned businesses left out of PPP loans NBA Hall of Famer Magic Johnson wants to help out women and minority owned businesses who haven’t been able to secure PPP loans. These company owners missed out on the early loans during the coronavirus pandemic economic crisis because they might have not had relationships with big banks.  EquiTrust Life Insurance Company will fund the loans. Johnson is a majority shareholder.  The Small Business

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