Data Shows the Paycheck Protection Program Did What it Was Supposed To. but What Happens Once PPP Funding Runs Out?
When COVID-19 struck the U.S. in full force, many states responded by enforcing stay-at-home orders. The result? Many small businesses had to quickly switch gears and find a way to keep functioning despite the upheaval.
Some local establishments were able to continue operating, albeit online. Others started immediately offering delivery and curbside pickup options to keep revenue flowing.
But even businesses that did manage to stay open during the lockdown that ensued earlier this year had cash flow issues. And those that were halted to some degree no doubt suffered tremendously.
Source Fool.com
