Wells Fargo Bank’s newly launched Open for Business Fund, an approximately $400 million small business recovery effort to help America’s entrepreneurs reopen and rebuild, has made a significant regional commitment: local financial services nonprofit Justine Petersen was recently selected to receive a $5 million grant from the Fund to help St. Louis small business owners with capital, loans and other financial services to minority-owned small businesses and entrepreneurs.
The Open for Business Fund builds on Wells Fargo's commitment to small business customers and other small business growth initiatives, including the $175 million Wells Fargo Diverse Community Capital program and investing up to $50 million in Black-owned Minority Depository Institutions.
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