Monday Spotlight, ADVISORY

EDITORS:

The following story has moved as this week's Monday Spotlight, a feature showcasing the best off-the-news enterprise in the AP report:

VIRUS OUTBREAK-MINORITY BUSINESSES-LOANS

NEW YORK — Thousands of minority-owned small businesses were at the end of the line in the government’s coronavirus relief program as many struggled to find banks that would accept their applications or were disadvantaged by the terms of the program. Data from the Paycheck Protection Program released Dec. 1 and analyzed by The Associated Press show that many minority owners desperate for a relief loan didn’t receive one until the PPP’s last few weeks, while many more companies owned by white people were able to get loans earlier in the program. By Joyce Rosenberg and Justin Myers. SENT: 1,200 words, photos.

—The AP