Posts Tagged ‘SHRM’

UPDATE: COVID-19 Economic Injury Disaster Loan Policy Changes

access_time Posted on: September 17th, 2021

Small Business Owners and COVID-19 The COVID-19 pandemic has affected every one of us—but perhaps none more so than small businesses owners. A May 2020 study, conducted by the Society for Human Resource Management, reported that 42% of small business owners had to close their business as a result of the pandemic and that 62% of small businesses experienced a decrease in revenue. In November 2020, Vice President Harris acknowledged these bleak circumstances by confirming that one in four small businesses in the US have closed due to COVID-19. Over the last year and a half, the federal government has… read more »