WATCH: @Courtenay_Brown & @lisahopeking take a look at the economic recovery of Black-owned small businesses with CBC Chair @RepBeatty and @usblackchambers President & CEO Ron Busby.
twitter.com/i/broadcasts/1…
twitter.com/i/broadcasts/1…
@Courtenay_Brown @lisahopeking @RepBeatty @usblackchambers .@RepBeatty on the importance of loans for small businesses: "I know firsthand as a former small business owner, how hard it is to make payroll in a normal time. And here's the good news — 95% of the Biden-approved PPP loans went to small businesses with 20 or less employees." 
@Courtenay_Brown @lisahopeking @RepBeatty @usblackchambers .@RepBeatty: “When [businesses] can pay their employees, their employees then put money back into the economy…That was one of the biggest things we discovered that many people did not know how to access the dollars for their small business.”
@Courtenay_Brown @lisahopeking @RepBeatty @usblackchambers .@usblackchambers CEO Ron Busby on lost Black-owned businesses from the pandemic: “We know that between the months of February and April, we actually lost 41% of the Black-owned businesses. Nearly 442k businesses were closed, many of them never reopened again.”
Ron Busby: "I think when you looked at how you create success, how do you create revenue in our communities, the fastest way to be able to do that is to create new businesses, to create new entrepreneurs."
• • •
Missing some Tweet in this thread? You can try to
force a refresh
