Rev. Sharpton Helps Secure Urgent Small Business Aid in Connecting Senator Schumer to Robert Smith

Jun 25, 2020

(New York, NY) — Black Billionaire Robert Smith has stepped up to give life support to the Paycheck Protect Program – especially the program’s efficacy for small black-owned business. With the support of the White House and Congress, he has helped to put together a special economic relief fund for small minority owned business. This fund is a pool of money, “set-aside” from the larger pool of money that has been allocated towards the Paycheck Protection Program.

Rev. Al Sharpton, the President and Founder of the National Action Network was key in aligning Robert Smith with the Congressional backing of the minority-owned business PPP fund. Together with Derrick Johnson of the NAACP, and Magic Johnson, Rev. Sharpton brokered the connection between Senate minority leader Chuck Schumer and Smith.

The deadline to apply for the Paycheck Protection Program is June 30th. To learn about how to apply, visit NAN’s step-by-step PPP application guide.

Read more about Robert Smith’s efforts to improve the Paycheck Protection Program for small, minority-owned businesses.