An African-American women looking out the window of a storefront with a closed sign.
Small Business FactsSmall Business Owner Facts

Small Business Facts: Black Business Owners Hit Hard By Pandemic

By Office of Advocacy

The effects of the COVID-19 pandemic on business owners have varied across demographic groups.  The decline in business activity among Black owners has been nearly three times the decline among other owners.  Read “Small Business Facts: Black business owners hit hard by pandemic” to learn more.

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Created by Congress in 1976, the Office of Advocacy of the U.S. Small Business Administration (SBA) is an independent voice for small business within the federal government.

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