Signs Of Discrimination In PPP Lending By Banks

More Tests And More Signs Of Discrimination In PPP Lending By BanksQ3 2020 hedge fund letters, conferences and moreDiscrimination In The PPP Bank Loan Application ProcessDespite published evidence and widespread media coverage of discrimination in the Paycheck Protection Program (PPP) bank loan application process, a second round of tests over the summer showed discrimination continued.Matched pair “mystery shopper” tests conducted by telephone by the National Community Reinvestment Coalition (NCRC), beginning in late July 2020, found that Hispanic and Black female testers experienced differen…

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