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PRESS ROOM: NNPA Teams with Magic Johnson to Fund Over $100 Million in PPP Loans for Minority and Women-Owned Businesses - The New Journal and Guide

Washington, DC

Dr. Benjamin F. Chavis, Jr., President and CEO of the National Newspaper Publishers Association (NNPA) announced recently that he and the NNPA have agreed to assist the efforts of Earvin “Magic” Johnson, majority owner of EquiTrust, the nation’s largest minority-owned insurance company, and MBE Capital Partners (MBECP), the largest certified minority-owned asset-based lender, in funding over $100 million in PPP loans.

EquiTrust, MBECP and the NNPA together today are focused on informing and encouraging minority- and women-owned businesses throughout the United States to take advantage of the current PPP loan opportunities for businesses in underserved communities.

Continue reading PRESS ROOM: NNPA Teams with Magic Johnson to Fund Over $100 Million in PPP Loans for Minority and Women-Owned Businesses at The New Journal and Guide.

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