verdverm
8 hours ago
for clarity, it looks like it means a count of 1M loans of $20k value
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The plan outlined Monday would provide 1 million fully forgivable loans of up to $20,000 to Black entrepreneurs and others to start a business. The loans would be financed through partnerships between “mission-driven lenders,” community oriented banks and the Small Business Administration, the campaign said.
The agenda also includes training and mentorship programs to help Black men get jobs in high-demand industries, and greater investments in the Public Service Loan Forgiveness program to recruit and retain Black male teachers.