JPMorgan Chase has just invested $4.6 million in the LiftUp loan program in an effort to “reduce approval times for small business loans, help small businesses grow and dent unemployment rates.”  The program will focus on minority and women owned southern business, targeting the cities of Houston, Atlanta, Austin, Dallas, New Orleans and San Antonio.

JPMorgan Chase is a well known supporter of minority and women owned businesses.  From it’s $100 million commitment to the city of Detroit, which boasts one of the largest minority and women owned business communities in the nation, to its scholarship fund the company continues to invest in underrepresented communities.