For decades, they’ve operated out of first and second floor storefronts in Manhattan’s Chinatown, arranging vacations or business travel to and from China.
Help is on the way from the more than $370 billion in federal aid to small businesses promised by the $2 trillion CARES Act.
Asian Americans for Equality started with re-allocating $1.5 million of its own cash to COVID-19 emergency small business loans managed by Renaissance.
It’s the fastest way they could conduct a small business loan application process.
At the time we advocated for them and got some funding for travel businesses impacted by loss of tourism.