What Small Businesses Should Know About the Newest COVID-19 Relief Package

While everyone has felt the effects of the COVID-19 pandemic, businesses have suffered in a unique way this past year. As the virus began to spread in March, many businesses voluntarily closed. Then, many were forced to stay closed due to lockdown restrictions. Even today, nearly a year later, local and state requirements are keeping businesses shuttered or functioning at decreased capacity.

The impact has been massive as businesses are doing everything they can to stay afloat, from cutting hours to laying off staff to getting creative with how they provide their services. But for many small businesses, losing even a week’s worth of revenue threatens their survival, and tens of thousands of businesses have closed their doors permanently due to the pandemic.

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