[Sean Cash]

"The primary purpose of the ECOA is to prohibit a lender from discriminating on a prohibited basis, including: race, color, religion, national origin, sex, marital status or age (provided the applicant has the capacity to enter into a legally binding contract); because part or all of an applicant’s income derives from a public assistance program; or because the applicant previously exercised in good faith any right under the Consumer Credit Protection Act, which includes the ECOA."

So this would apply to funders out there who refuse a certain ethnic group, I get it....but could this be stretched into SIC code scrutiny?

I doubt it too. I think more than anything this article is explaining that if you decline someone, even a business, you have to send them a letter explaining why.