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Attitudes slow minority loans in St Louis SBA program
In St Louis the Small Business Administration faces challenges financing Black entrepreneurs. Gate’s gas station case illustrates the fragility of minority loans with a 15–20 percent failure estimate and tensions over attitudes, loan terms, and lender patience while SCORE and ghetto outreach adapt to pressure for more loans.
MENTIONED IN THIS ARTICLE
ST. Louis
James A. Gales ‘Sr
Gates
Stadard Sba
Philip Pruitt
SBA
Washington
Wien
Volker
Pruke
Ghetha
Pruitt
STA
St. Lous
John P. Pfeffer
Pfeffer
Parkers
Milton V
Buddy) Lonesome
Ee Qackes
St. Louis Small Business Development Corp
Lonesome
Iain