For context : Blacks own about 2.6 million businesses or 9.5 percent of all U.S. businesses The 19 million white-owned businesses have 88 percent of the overa

For context : Blacks own about 2.6 million businesses or 9.5 percent of all U.S. businesses 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. ___ The article doesn't clarify if by percent they mean number of loan applications approved or % of loan funding allocated. If it the former, then black businesses have received far fewer loans than their representative amount. If it is by revenue, then it is actually inline with the ir representation in population. ___ > Monday shows that of the 14 percent of businesses that chose to identify race in their loan application, Black-owned businesses received 1.9 percent of loans while White-owned businesses received 83 percent. Might be interesting to see if this trend held when black owners did not identify themselves.