Black in Business – Biz New Orleans

In June, the National Bureau of Economic Research came out with its first report on COVID-19’s effect on small businesses and, as was to be expected, the news wasn’t good. From February through April, the number of active business owners in the United States dropped by 3.3 million, or 22% — the largest drop ever recorded by the bureau, in operation since 1920.

But while the shuttering of nearly a quarter of U.S. businesses is hard to comprehend . . .