After only 12% of minority-owned businesses received relief loans, many plan to close down: survey

“There is a structural flaw in this program. It uses banks as middlemen. Any time you create a big program and give banks the ability to choose which customers it prioritizes, you’re going to have disparities,” Mehrsa Baradaran, a law professor at the University of California, Irvine, told NBC News. “Credit disparities are where past injustices lead to present disparities.”