Half of the 30 million small businesses in US had 27 days or less of cash.

by ChristianHunter

The United States has 30 million small businesses that employ half of its workers.

Half those small businesses had enough cash to survive 27 days without support (link to study below).

The SBA funded 1.6 million small business loans before running out of money this week.

That leaves 28.5 million small businesses with no cash support, and at least 13.5 million of those small businesses had less than a month of cash to survive to begin with.

Only the federal government has the ability to prevent total economic collapse. We’re at that critical one month juncture, have already lost 20 million jobs, and the government just pulled the plug on its already-insufficient life support system.

Half of US small business had under a month of cash