Magic Johnson’s Life Insurance Company Reportedly Funding $100 Million In Small Business Loans

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Former NBA all-star Magic Johnson said that his life insurance company will provide $100 million in funding for small women and minority-owned businesses by lisettevoytko

that his life insurance company will provide $100 million in funding for small women and minority owned businesses as part of the Small Business Administration’s embattled Paycheck Protection Program.The loans are being offered through a partnership of Johnson’s EquiTrust Life Insurance Co. and MBE Capital Partners, a New Jersey-based nonbank lender that specializes in financing businesses owned by women and minorities.

MBE’s chief executive, Rafael Martinez, had received complaints from clients who couldn’t get loans from the PPP’s first round of funding; reports later revealed that some lenders prioritized businesses with whom they had existing relationships.that Johnson’s $100 million commitment will first be used for the 5,000 PPP loans his company has approved so far.

“This is, when you think about it, life and death for so many business owners. They have nowhere else to turn,” Johnson told the

 

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lisettevoytko We salute you

lisettevoytko I too like small woman's

lisettevoytko What about Big Women?

lisettevoytko Where do we sign up

lisettevoytko The message has been received loud and clear

lisettevoytko No love for the big women? C’mon Magic.

lisettevoytko What about Big Women?

lisettevoytko I’m a small woman

lisettevoytko Why not fund large women too ?

lisettevoytko hold up, small women?

lisettevoytko Example 8,748 of why punctuation matters.

lisettevoytko “Small businesses owned by women and minorities” works better

lisettevoytko 🤦‍♂️ Try Small, Woman and Minority Owned Businesses

lisettevoytko Ok hold up. Magic has a Life Insurance company? Solid. He’s basically crushing it everywhere I look.

lisettevoytko Thank God...Small woman are an often overlooked group.

lisettevoytko Nice TRUMP 2020

lisettevoytko How small we talking? My wife’s small. I’ll get signed up!!

lisettevoytko The forgotten businesses under Trump's administration Well done.

lisettevoytko Jus SMALL women? Discriminating, no? 🤷🏽‍♂️😂

lisettevoytko They should write 'baby women' coz that guy giant.

lisettevoytko Small women

lisettevoytko What about big women tho?

lisettevoytko Small women need funding?

lisettevoytko What about a small business owned by a white man with aids?

lisettevoytko 👍💯🙏

lisettevoytko Most women are small compare to magic

lisettevoytko Which life insurance company is this?

lisettevoytko Why does he hate white men?

lisettevoytko I’m a small woman!! 😳😃

lisettevoytko How about a comma after small🤷🏼‍♂️

lisettevoytko Please don't correct the wording.

lisettevoytko Small women, rejoice!

lisettevoytko small businesses owned by women and minority communities*

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lisettevoytko CASH RIDDLED WITH RACISM

lisettevoytko I’m a tall woman so I guess I shouldn’t bother applying. Smh

lisettevoytko Funding for small women? What?

lisettevoytko 🙏🏽

lisettevoytko if shes like 5''1?

lisettevoytko There was probably a better way to word this?

lisettevoytko King

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Magic Johnson’s Life Insurance Company Reportedly Funding $100 Million In Small Business Loans“This is, when you think about it, life and death for so many business owners. They have nowhere else to turn.” Huge, positive gesture from Magic. But as a Life insurer, this is playing with fire. Salute Magic sheer genius
Source: Forbes - 🏆 394. / 53 Read more »

Magic Johnson Makes Another Assist—to the Small Business Aid ProgramEarvin “Magic” Johnson said his EquiTrust Life Insurance Co. will provide $100 million in capital to fund loans for minority-owned businesses through the Small Business Administration’s Paycheck Protection Program. That's is so respectable ❤️ Just tell us how you cured that virus homie Perhaps Earvin doesn't think white communities were hit hard by the Coronavirus. This is racism in it's purest form.
Source: WSJ - 🏆 98. / 63 Read more »