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Milwaukee Times Weekly Newspaper

Milwaukee Times Weekly Newspaper

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January 9th, 2026
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Magic Johnson

Magic Johnson offers $100 million in loans to minority businesses

May 21, 2020

Former Los Angeles Lakers guard and team president Earvin “Magic” Johnson announced his life insurance company will provide $100 million for women- and minority-owned small businesses as part of the Paycheck Protection Program (PPP). Johnson, the owner of EquiTrust, the nation’s largest minority-owned insurance company, will partner with MBE Capital Partners, a Latino-owned … [Read more...] about Magic Johnson offers $100 million in loans to minority businesses

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