Page 127 - புதியது யார்க் மேயர் ர சி து டி ப்ளாஸிவ் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Biz2Credit Study Shows PPP Had Large, But Short-Lived Effect on Small Business Survival Small Business Economic Indicator Study Examined Cash Flow, Predicts Many Bankruptcies Possible without PPP2 Stimulus December 11, 2020 06:30 ET | Source: Biz2Credit Biz2Credit New York, New York, UNITED STATES NEW YORK, Dec. 11, 2020 (GLOBE NEWSWIRE) Biz2Credit’s new six-month analysis of COVID-19’s impact on small businesses found that government lending programs restored sufficient capital for businesses to weather the effects of the pandemic for a short period, but that many firms are currently operating at a monthly loss. The study found that since the Paycheck Protection Program (PPP) expired in August, many companies are operating at a negative cashflow and up to 30% could close forever by the end of 2020.

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