New Law Requires Minority Business Owners To Write An Essay Proving ‘Social Injustice’ To Qualify For SBA 8(a) Loans

Per the report, the aforementioned narrative must list how the business owners are victims of social disadvantages and must include an example of when the bias occurred under that notion.

A “sufficient” narrative, according to the guidance, is at least three pages long and includes “a who, what, where, why, when, and how the discrimination occurred.”