Magic Johnson Offering $100 Million In Loans To Minority-Owned Small Businesses Left Out Of PPP Loans
Former NBA player, Magic Johnson, plans to help small minority businesses struggling to get Paycheck Protection Program loans. Johnson shared the news on Instagram. Johnson’s life Insurance company, Johnson’s EquiTrust Life Insurance Co., is partnering with MBE Capital Partners, a New Jersey-based non bank lender, to fund $100 Million in small business loans….