COVID-19

From Jul 20–Aug 14, 2020, the Fed surveyed 229 community development financial institutions during COVID-19. Here's how they responded.
Steak’M Take’M
Kansas City’s Steak'M Take'M needed help when the pandemic paralyzed the economy. A lender supporting minority-owned businesses provided PPP relief, made to order.
Germaine Simonson
Germaine Simonson owns essential businesses in Arizona's Navajo Nation. Parched for support, she turned to a rural lender to get through the pandemic dry spell.
Los Angeles Koreatown
PPP money has reached a range of businesses, but it didn’t come easily for many. An accounting firm in Los Angeles experienced the struggle on behalf of its clients—and firsthand.
Tommy's Mexican Restaurant
Thanks to a PPP loan, San Francisco-based Tommy’s Mexican Restaurant has kept people working and margaritas pouring during the COVID-19 pandemic.
Think Big Shop Small Sign
What happens when a small business falls under the radar of the nation’s largest lenders during a pandemic?