Impact of COVID-19 on Small Businesses: A SmartBiz Loans Infographic

Small- and mid-sized businesses in the U.S. have experienced a disproportionate impact from the 2020/2021 COVID-19 pandemic. Restaurants, florists, gyms, and many, many more businesses have been affected. Fortunately, the government has put an economic relief program in place. The Paycheck Protection Program (PPP) 2021, provides forgivable funds to cover approved expenses.

The deadline to submit a PPP application is May 31, 2021. Apply here now!

SmartBiz Loans compiled updated statistics about the continuing pandemic including business closures, entrepreneur concerns, and revenue dips.

Visit the SmartBiz Loans Small Business Blog for timely information about surviving this challenging time and how you can rebuild.