For the purpose of PPP we need to narrow down to the businesses that have paid employees. Over 95% of black owned businesses do not according to the 2012 SBO Ce

For the purpose of PPP we need to narrow down to the businesses that have paid employees. Over 95% of black owned businesses do not according to the 2012 SBO Census. Edit: More data - "Data from the Small Business Administration indicates that just over 19 million businesses, or 70.9 percent of all U.S. businesses, are white-owned. Blacks own about 2.6 million businesses or 9.5 percent of all U.S. businesses, and Latinos own 3.3 million businesses or 12.2 percent of all American businesses. But the sales and employment numbers tell a more depressing story. The 19 million white-owned businesses have 88 percent of the overall sales, and control 86.5 percent of U.S. employment, while black businesses have a mere 1.3 percent of total American sales, and 1.7 percent of the nation’s employees." Seems like the loan rate roughly matches the % of employees by group.