African American CDFIs by Organization and LocationVIEW LIST
Navigating the COVID ResponseLEARN MORE
Payroll Protection Program (PPP) OverviewLEARN MORE
USBC Vision For Economic EquityLearn More
Memorandum on the American Rescue PlanLearn More
USBC Cares Act Response
USBC continues to work to provide the most relevant, up-to-date information on the COVID-19 response and the CARES Act.
The links provided give you direct access to programs and services developed with USBC corporate and government agency partners to help you navigate financing, create e-commerce solutions, protect your workplace and re-tool your business during this extraordinary time.
Additional Articles: Washington Post, FORBES, PPP Fintech & Banks, SBA, PPP: Borrower Application, PPP: Guidance on Accessing Capital
American Rescue Plan
On March 10, 2021 Congress passed the American Rescue Plan Act of 2021.On March 11, 2021 President Biden signed the bill into law. American Rescue Plan Contains Employment-related Provisions. Employers should review the ARPA’s provisions to identify any requirements and opportunities that apply to them. Employers are also advised to watch for official guidance on the implementation of the law. See the resources below and contact JLM for more information or assistance regarding ARPA.
Resources: American Rescue Plan Act 2021 Bill, HR Compliance Bulletin by Mcquade/DII,
SBA Disaster Recovery Loans:
The United States Small Business Administration is providing loans to help businesses under its Disaster Relief Program. To apply please follow the link here to Learn More
Wells Fargo Works for Small Businesses:
Wells Fargo’s ongoing partnership is helping to provide resources to businesses. As a preferred SBA lender, they are working diligently to serve our members. Learn More
Your Advocate for Black Business Owners:
Our mission is to provide committed, visionary leadership and advocacy in the realization of economic empowerment for Black business owners across the nation. Amid COVID-19 we are urging Congress to enforce a triage approach to helping small businesses recover from the pandemic. We believe a first come first served approach to stimulus funding is utterly unacceptable. Small businesses deserve more, too often aid funding goes to the fastest and savviest, when in fact, those who are hit the hardest (Black-owned businesses) deserve to be first in line for aid funding.
Support Our Advocacy Efforts by Becoming A Member:
For details email: firstname.lastname@example.org
Your Voice in the Fight For Funding:
USBC President Ron Busby has amplified his voice for the fight for aid relief for Black business owners. Here’s a glance at President Busby expanding his voice in various publications.
Need additional support?
We want to thank our sponsors and partners for all of their assistance during this time and their commitment to providing our members with information, resources and access to capital to keep your business running during this crisis.