JPMorgan Chase to put $3.65 million toward minority business development in Baltimore-Washington area

Banking giant JPMorgan Chase & Co. planned to announce today that it and partners will give $6.65 million to community groups in the Baltimore-Washington region that lend money to minority-owned businesses and entrepreneurs to help them start and grow businesses. In Baltimore, money will go to two groups — The Harbor Bank of Maryland Community Development Corp. and the Latino Economic Development Center — that already have roots in the community and the ability to identify good candidates for loans and technical assistance. (Balt. Sun)

Read Full Article