Coronavirus Drives 75% of Small Businesses to Seek Federal Aid

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Coronavirus Drives 75% of Small Businesses to Seek Federal Aid
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Three out of four small businesses have sought federal aid to cope with fallout from the coronavirus pandemic

WASHINGTON—Three out of four U.S. small businesses have sought federal aid to cope with fallout from the new coronavirus, according to a Census Bureau survey released Thursday, in another indication of the widespread damage caused by the pandemic.

The findings were based on a survey of about 100,000 small firms between April 26 and May 2, of which 22% responded.

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