The concept of financial assistance for small businesses is nothing new, but during the COVID-19 crisis, the need for aid has been much greater than usual. With the economy stuck in a recession and pandemic-related closures hurting local establishments left and right, it was clear to lawmakers that small businesses would need a substantial amount of help to make it through 2020 without running the risk of having to close permanently.
We’re part of a broader, National Urban League network of 98 historic civil rights organizations throughout the United States—all dedicated to fostering economic empowerment in order to elevate the standard of living in historically underserved urban communities. The Urban League does not discriminate based on race or ethnicity, religion or sexual orientation.