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How PPP Loans Eluded Small Businesses of Color


Abstract: Using national- and state-representative data from small business owners from the Federal Reserve System’s Small Business Credit Survey, we found that small business owners of color were in greater need of financial support than their white-owned counterparts, but they successfully accessed the PPP less frequently.

Keywords: Small Business; Financial Stability;

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File(s): File format is text/html https://www.dallasfed.org/cd/communities/2021/1129
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Bibliographic Information

Provider: Federal Reserve Bank of Dallas

Source: Dallas Fed Communities

Publication Date: 2021-11-29