A study by Lendio ranked Maryland as the second-best state for minority entrepreneurs to succeed, The Baltimore Banner reported. Barriers to capital disproportionately hold Black business owners and entrepreneurs, but Maryland helps minorities secure funding through the Community Reinvestment Act, Lendio reported.

Lendio ended up partnering with 320 financial institutions — from big banks to CDFIs to regional lenders — to distribute $10 billion in PPP funds. The collaboration facilitated more than 200,000 PPP loans.

Small business owners and the American economy needed this extension. And though it has passed, the extension doesn’t necessarily mean the process will be any less frustrating for those in need of immediate financial relief.