SBA finalizes rule to open flagship 7(a) program to fintechs

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SBA finalizes rule to open flagship 7(a) program to fintechs

A 40-year-old limit of just 14 nondepository 7(a) lenders is set to expire May 12 despite concerns by lawmakers and opposition from banks and credit unions.

Source: American Banker

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DeLarge, Robert Carlos (1842-1874)

Robert Carlos DeLarge was born a slave in Aiken, South Carolina on March 15, 1842. Rare for that period, DeLarge graduated from Wood High school in Charleston and worked as a tailor and farmer before becoming involved in politics. He served as an agent for the Freedman’s Bureau and helped

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Thompson, Bennie G. (1948- )

Bennie G. Thompson, United States Representative from Mississippis Second Congressional District, is the chair of the House Homeland Security Committee and as such is one of the most influential African American members of

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Gist, Carole Ann-Marie (1969- )

Carole Anne-Marie Gist, the first African American woman to win the Miss USA title, was born on May 8, 1969 in Detroit, Michigan. Gist, the daughter of Joan Gist and David Turner, is of African American and Cherokee heritage. Her parents divorced when she was a young child. Gist graduated from

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Douglass, Frederick (1817-1895)

Frederick Douglass was born into Maryland slavery in 1817 to a slave mother and a slave master father. Young Douglass toiled on a rural plantation and later in Baltimore’s shipyards as a caulker. Douglass, however, learned to read and soon sought out abolitionist literature that alleviated what he

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Richmond, Cedric Levon (1973- )

Cedric Richmond is the U.S. Representative for Louisiana’s 2nd Congressional District, which includes much of New Orleans. Richmond, a Democrat, won the post after more than a decade of service in the Louisiana House of

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The First National Convention of Black Women held in Boston, MA

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Porto-Novo, Benin (16th Century- )

Porto-Novo, meaning “New Port” in Portuguese, became the official capital of the West African country of Benin in 1960. In 2002 it had an estimated population of 223,552 people. Porto-Novo is located in the southeastern part of the country on an inlet of the Gulf of Guinea. Although it

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In April 2010, Bashir easily won Sudans first multi-party elections since 1986, with 68% of the vote. Several opposition parties boycotted the election, and international observers questioned the fairness of it, citing ballot-box stuffing and other allegations of fraud. Bashirs supporters cite the

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Bethel African Methodist Episcopal Church, Baltimore, Maryland (1785- )

Bethel African Methodist Episcopal Church (Bethel A.M.E.), Baltimore lays claim to the designation as the oldest independent continuously operating African American church in the state of Maryland tracing its origins back to 1785 when a group of African Americans met at the Strawberry Alley

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Urban League of Louisiana During COVID-19: We Don’t Pause, We PIVOT!

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Smith, Barbara (1946- )

Beginning in the 1970s, Barbara Smith broke new ground as a black feminist, lesbian, activist, author, and book publisher of women of color. She and her twin sister, Beverly Smith, were born on December 16, 1946 in Cleveland, Ohio. Their mother, Hilda Smith, maternal grandmother, and a great aunt

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Magic Johnson Offering $100 Million To Minority-Owned Businesses Struggling Through Coronavirus Pandemic - Blavity

On MSNBC, Johnson and Rafael Martinez, MBE Captial Partners' majority owner, spoke with Al Sharpton about the program and their goal to help 100,000 minority-owned

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Phillips, Chieko

On February 10, 2016 Chieko Phillips joined BlackPast as its first Executive Director. She comes to the organization with an MA in Museology (Museum Studies) from the University of Washington and B.A in history from Davidson

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Born Paulette Williams, she graduated from Barnard College in 1970, and later earned an MA from the University of Southern California. It was there she changed her name to the Zulu “Ntozke” meaning “she who comes with her own things” and “Shange” meaning

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Greene, Lorenzo Johnston (1899-1988)

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Born: /26/944 Birmingham, AlabamaAngela Davis is an American political activist, scholar, and author. She emerged as a prominent counterculture activist and radical in the 960s as a leader of the Communist Party USA, and had close relations with the Black Panther Party through her involvement in

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Rainey, Gertrude “Ma” (1886-1939)

Businesswoman and entertainer Gertrude “Ma” Rainey, known as the Mother of Blues, was the most popular blues singer/songwriter of the 1920s. She is considered to be the first woman to introduce blues into her performances. As a single woman, she established her own entertainment company

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Adarand Constructors, Inc. v. Pena (1995)

No. 93-1841. Argued January 17, 1995 Decided June 12, 1995 Most federal agency contracts must contain a subcontractor compensation clause, which gives a prime contractor a financial incentive to hire subcontractors certified as small businesses controlled by socially and economically disadvantage

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Mayor Lightfoot and BACP Awards $5,000 Grants to Nearly 1,000 Chicago Microbusinesses Impacted by Covid-19

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(Trinidad Express) Lurking among gatherings of people, there can be a super-spreader of the Covid-19 virus, who can transmit the virus exponentially to large numbers of the

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Jamila E. Taylor, a long-time community advocate and founding board member of Blackpast.org, graduated from University of Oregon School of Law with a Doctor of Jurisprudence and obtained her BA in Sociology from Virginia State University. She is an energetic motivator with “an unrelenting

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