The Union Leader reports that out of the 23,000 Paycheck Protection Program (PPP) loans to small businesses in New Hampshire, fewer than 200 of these loans went to businesses identifying as non-white owned. This accounts for less than one percent of all PPP loans in the state. Only five loans went to Blackowned businesses. The president of the Seacoast Area NAACP, Rogers Johnson, noted that inadequate access to information and resources were barriers to participation in the program for many underrepresented residents. #racialequity #covid-19
Less than 1 percent of PPP loans went to non-white owned businesses in New Hampshire
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