BoA Faces Revived PPP Loan Bias Claims From Minority Cos.

By Bill Wichert (August 5, 2021, 7:45 PM EDT) -- A few months after wiping away similar claims, Bank of America NA is back in New Jersey federal court over allegations that the financial giant acted with racial bias in refusing to support minority-owned organizations in their distribution of loans under a federal business assistance program amid the coronavirus outbreak....

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