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Magic Johnson to provide $100 million in loans to minority-owned businesses

USATODAY.com Wednesday, 20 May 2020
Magic Johnson said company for which he owns a majority will be giving $100M donation in capital to fund loans for minority women-owned businesses.
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Video credit: KCAL 9 CBS LA - Published
News video: Magic Johnson To Provide $100M In Loans To Minority-Owned Businesses

Magic Johnson To Provide $100M In Loans To Minority-Owned Businesses 00:24

Lakers legend and business mogul Magic Johnson announced Monday that he will provide $100 million in loans to minority-owned businesses struggling amid the coronavirus pandemic.

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