>>Between early March and early May, roughly 110,000 small businesses nationwide shut down, according to researchers at Harvard. I tracked down the paper[1] th

>>Between early March and early May, roughly 110,000 small businesses nationwide shut down, according to researchers at Harvard. I tracked down the paper[1] they referenced and Table 5 was an eye opener. While "only" 110K small businesses were estimated to have shut down out of 30M[2] small businesses nationwide (0.37%), the really grim survey results are summarized in Table 5 of the paper titled "Reported Likelihood of Remaining Open by Industry and Hypothetical Crisis Duration". The restaurant/bar/catering category surveyed back in late March believed their chance of survival would only be 0.15 if the shutdowns lasted through to December. [1] https://www.nber.org/papers/w26989.pdf https://www.nber.org/papers/w26989.pdf [2] https://cdn.advocacy.sba.gov/wp-content/uploads/2019/04/23142610/2019-Small-Business-Profiles-States-Territories.pdf https://cdn.advocacy.sba.gov/wp-content/uploads/2019/04/2314...