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COVID relief as ‘dangerous money’ for Black business owners

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  • Lana Swartz
  • Vivian Afi Abui Dzokoto

Abstract

The present study examines Paycheck Protection Program (PPP) experiences of a sample of Black business owners in a mid-sized city amid the COVID-19 pandemic. It explores how Black business owners made sense of the Paycheck Protection Program, and how they came to regard it as an untrustworthy source of economic relief or even a dangerous trap. Less than half of the small business owners we interviewed applied for PPP, and those who did, did so with great trepidation. We find that experiences of Black business owners with the PPP are informed by the longstanding barriers that Black businesses face accessing financing from financial institutions.

Suggested Citation

  • Lana Swartz & Vivian Afi Abui Dzokoto, 2023. "COVID relief as ‘dangerous money’ for Black business owners," Journal of Cultural Economy, Taylor & Francis Journals, vol. 16(4), pages 477-494, July.
    • Handle: RePEc:taf:jculte:v:16:y:2023:i:4:p:477-494
    DOI: 10.1080/17530350.2023.2189147
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