Women struggle to keep businesses afloat during the pandemic

ByNWBC Council

Women struggle to keep businesses afloat during the pandemic

Women struggle to keep businesses afloat during the pandemic

“Something like $1.8 million in loans have been given out for amounts of $50,000 or under,” says Sara. “From what we know about the nature of these businesses, we can project and assume a lot of those smaller loans did go to women-owned businesses.”

About the author

NWBC Council administrator

The National Women’s Business Council (NWBC) is a nonpartisan federal advisory council established to serve as an independent source of advice and policy recommendations to the President, the Congress, and the Administrator of the U.S. Small Business Administration on issues related to women’s business enterprise. The Council is comprised of eight small business owners from across the country, six representatives of national women’s business organizations, and one Chairperson, Liz Sara, who was recently appointed by President Donald J. Trump in August 2018.