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Stimulus loans scarce for minority-owned businesses

Aaron Glantz of New American Media reports that analysis of data from the federal government's Small Business Association (SBA) revealed racial inequities in small business loans given out as part of the American Recovery and Reinvestment Act. While race is not recorded by Recovery.gov, data from the SBA found that 91 percent of the 4,497 loans where race was reported went to white-owned businesses.

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