Small Businesses Navigate Challenging Road to Recovery

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Small businesses are critical drivers of job growth and innovation for local economies, employing nearly half of the United States’ private workforce. Across the country, this community of more than 31 million small businesses has been disproportionately impacted by COVID-19. Between February and May of 2020, companies with less than 500 employees laid off or eliminated an estimated 11.6 million jobs. And even as states reopen, the future for many small businesses is uncertain. Capital One, are committed to supporting and providing small businesses with what they need to navigate the road ahead. 

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