Biz2Credit today announced the results of its new Small Business Financial Health Survey, a study of primary data from 300 small business owners who received funding via the Paycheck Protection Program (PPP). The study found that year-over-year 2Q revenues of small business owners plummeted 52% from 2Q’19 to 2Q’20, while their payroll expenses dropped 54%.

Read more here: https://www.globenewswire.com/news-release/2020/08/04/2072418/0/en/Biz2Credit-Analysis-of-COVID-19-Effects-on-Small-Businesses-Finds-Revenues-Dropped-52-and-Payrolls-Declined-54.html