COVID reduction loans for LGBTQ-owned companies not added: Research

LGBTQ-Owned Small Companies Acquired COVID-19 reduction funds at a decrease price than their non-LGBTQ counterpartsEven these have been extra more likely to apply for loans throughout the pandemic, in keeping with researchers.

Report, Printed by the Heart for LGBTQ Financial Development and Analysis and Motion Development Ventureanalyzed information from the Federal Reserve Financial institution’s annual Small Enterprise Credit score Survey, which included questions on LGBTQ identification for the primary time in 2021.

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