Just like Magic: Helping inner city businesses survive

Rave Speakers
19 May, 2020 • 0 minutes read

Rave Speakers’ client Magic Johnson https://ravespeakers.com/magic-johnson/ is making headlines once again. It was announced today that his EquiTrust Life Insurance Company is providing $100 million in funding through the Government’s PPP (Payment Protection Program) to minority and women-owned businesses left out of the initial PPP loans. Using the SBA guidelines, the funds are geared to help 100,000 small businesses in urban communities. Read the full articles here:

https://www.cnbc.com/2020/05/19/magic-johnson-offering-100-million-in-loans-to-minority-owned-businesses.html

https://www.forbes.com/sites/lisettevoytko/2020/05/17/magic-johnsons-life-insurance-company-reportedly-funding-100-million-in-small-business-loans/#58ab79606faa “