Magic Johnson Offers $100 Million to Minority Businesses

(Photo by Leon Bennett/Getty Images)

**UPDATE**: As of June 15, 2020, Billionaire Robert F. Smith posted that he and others have secured an additional $10 Billion to give to minority businesses.

The post read: “We have secured a $10B allocation of PPP dollars to support our small businesses!!! Go apply to get YOUR share…do it for OUR community! UPDATED TERMS ALLOW Four (4) months to use allocated funds and reduce mandatory payroll usage to 60%”

Here’s a link to find out more information –> https://ofn.org/coronavirus