NNPA Teams with Magic Johnson to Fund Over $100 Million in PPP Loans for Minority and Women-Owned Businesses
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NNPA Teams with Magic Johnson to Fund Over $100 Million in PPP Loans for Minority and Women-Owned Businesses

Dr. Benjamin F. Chavis, Jr., President and CEO of the National Newspaper Publishers Association (NNPA) announced today that he and the NNPA have agreed to assist the efforts of Earvin “Magic” Johnson, majority owner of EquiTrust, the nation’s largest minority-owned insurance company, and MBE Capital Partners (MBECP), the largest certified minority-owned asset-based lender, in funding…

Nearly 500 Small Businesses File Bankruptcy Using Increased Eligibility Limit Since February
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Nearly 500 Small Businesses File Bankruptcy Using Increased Eligibility Limit Since February

New statistical table and analysis available on the American Banking Institute’s (ABI) SBRA Resources website show that 471 small businesses have elected to file for bankruptcy relief under new subchapter V to chapter 11 of the Code since it was enacted. The Small Business Reorganization Act of 2019 (SBRA) took effect on February 19, 2020, to provide a…

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Protecting Your Financial Health in These Uncertain Times

With expected delays in bill payments, unprecedented layoffs, hiring freezes and related hardships, many Americans are facing new financial challenges. “COVID-19 has impacted all industries and individuals from all walks of life,” says Rod Griffin, senior director of Consumer Education and Advocacy for Experian. “With all of these rapid changes, you might not be thinking…

How small businesses can boost sales
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How small businesses can boost sales

With over 30 million small businesses in the U.S., it’s tough to stand out from the crowd. Successful small businesses turn first-time customers into repeat business, building momentum and growing sales. How can you achieve this? Marketing. Finding effective, easy-to-execute marketing strategies can boost your business by helping you engage your customers while attracting new…