The SBA’s Office of Advocacy found that “businesses closed and unemployment surged to levels not seen since the Great Depression. The number of people who were self-employed and working was 20% lower in April 2020 than in April 2019….While economic damage was widespread, the severity varied substantially across locations, industries, and demographic categories.” #IdeaoftheDay
Important: The deadline for applying for a PPP loan runs through May 31, 2021.
