{"id":122171,"date":"2021-02-09T08:59:50","date_gmt":"2021-02-09T13:59:50","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=122171"},"modified":"2021-02-09T12:58:11","modified_gmt":"2021-02-09T17:58:11","slug":"9m-small-businesses-fear-closing-for-good","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/9m-small-businesses-fear-closing-for-good\/","title":{"rendered":"9M small businesses fear closing for good"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">14<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2F9m-small-businesses-fear-closing-for-good%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=122171&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><div id=\"attachment_2369090\" class=\"wp-caption aligncenter\"><img decoding=\"async\" aria-describedby=\"caption-attachment-2369090\" loading=\"lazy\" class=\"wp-image-2369090 size-large\" src=\"https:\/\/dzm0ugdauank9.cloudfront.net\/wp-content\/uploads\/2021\/02\/AP21028776517455-654x437.jpg\" alt width=\"654\" height=\"437\" \/><\/p>\n<p id=\"caption-attachment-2369090\" class=\"wp-caption-text\">A sign hangs on the door of the Union Grill, temporarily closed due to COVID-19, in the Oakland neighborhood of Pittsburgh on Thursday, Jan. 28, 2021. (AP Photo\/Gene J. Puskar)<\/p>\n<\/div>\n<h5>OAN Newsroom<br \/>UPDATED 9:47 AM PT \u2013 Tuesday, February 9, 2021<\/h5>\n<p>With millions of small businesses on the brink of permanently closing, experts believe bankruptcy risks are higher than ever. A recent <a href=\"https:\/\/www.frbsf.org\/economic-research\/publications\/economic-letter\/2020\/october\/risk-of-business-insolvency-during-coronavirus-crisis\/\">study by the Federal Reserve<\/a> found more than 9 million businesses fear shuttering for good in 2021.<\/p>\n<p>Meanwhile, 2021 credit survey by federal banks revealed government mandates as well as health codes have devastated business demands, client traffic and supply chains.<\/p>\n<p>Despite 30 percent of small businesses closing in 2020, the government has failed to provide them sufficient aid. Many business owners said they have found themselves between a rock and a hard place.<\/p>\n<p>\u201cWe said you know what, we have 50 people employed by us right now\u2026I can\u2019t do this to my employees, I can\u2019t do this to my family,\u201d said Mark Rokos, owner of Eagle Diner. \u201cWe can\u2019t live like this anymore, we have to go ahead and open the doors and see what the repercussions are.\u201d<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Searching \ud83d\udd0e for pandemic relief programs for your <a href=\"https:\/\/twitter.com\/hashtag\/smallbusiness?src=hash&amp;ref_src=twsrc%5Etfw\">#smallbusiness<\/a>? \ud83c\udfea<\/p>\n<p>Go to \ud83d\udc49 <a href=\"https:\/\/t.co\/ir5nuzLTCC\">https:\/\/t.co\/ir5nuzLTCC<\/a> to see what options are available.<\/p>\n<p>\u2014 SBA (@SBAgov) <a href=\"https:\/\/twitter.com\/SBAgov\/status\/1356739176096542722?ref_src=twsrc%5Etfw\">February 2, 2021<\/a><\/p>\n<\/blockquote>\n<p>The restaurant owner echoed others in saying, \u201cit\u2019s either stay open or go live on the street.\u201d<\/p>\n<h4>MORE NEWS: <a href=\"https:\/\/www.oann.com\/bank-of-england-to-focus-on-recovery-hopes-even-as-lockdown-drags-on\/\">Bank of England to focus on recovery hopes even as lockdown drags on<\/a><\/h4>\n","protected":false},"excerpt":{"rendered":"<p>A sign hangs on the door of the Union &#8230;<\/p>\n","protected":false},"author":1,"featured_media":1892997,"comment_status":"close","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[],"tags":[6002,6003,5466,5461,6001],"class_list":["post-122171","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","tag-businesses","tag-closing","tag-fear","tag-good","tag-small"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/122171","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=122171"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/122171\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1892997"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=122171"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=122171"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=122171"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}