As part of the COVID-19 relief funding from the U.S. Treasury Department, the Biden administration announced this week the distribution of funds to community development financial institutions (CDFIs) across the nation. As such, Bankable will receive $638,000 which will be dedicated towards making loans to low-income and Black-owned business owners in Madison, Hamilton, Delaware and Marion counties.
We are truly thankful for the additional opportunity to support minority-owned businesses in our surrounding communities.
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