The impact of COVID-19 on small businesses and communities all over the world is significant. In our latest survey, 77% of small business owners expect to exhaust their PPP loan funding by the end of June and only 26% are very confident they will be able to maintain their payroll when their funding is exhausted. [See Press Release]
Consistent with our firm’s purpose of advancing sustainable economic growth and financial opportunity, Goldman Sachs is committed to supporting relief efforts, elevating the voices of our small business community to policymakers, and working across sectors on innovative sources of funding.
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