PRAY TEAM JESUS FOR ALL! States with the Most Affected Small Businesses due to Coronavirus – WalletHub Study, What Recovery Means


I am very thankful for your relationship with WalletHub! Team Jesus, please continue to pray for all during this very tough time in the history of ther world. Small businesses are having a very tough time and so very, very many workers have lost their jobs including our son Lars in Chicago. We are living in historic times, the Church was not not able to gather together in person for the first time in about 2,000 years yesterday for Resurrection Sunday, this is like a very bad movie that is playing out right before our eyes.

It is going to be a very tough recovery from this pandemic. I am concerned that people just think a switch will be turned on and its all over. We do not know what the future holds, only God knows. We need to put all our faith in Almighty God and His Word. A stimulus check will not cure this, it is like a squirt gun trying to fight a raging fire. Remember normal is just a setting on a dryer. The other problem here is that America continues to be so very divided led by this awful, dirty political division and hate. This also will not go away without repentance and revival. We have lost our moral compass in this nation and it will not be found overnight or by a stimulus plan, we need a plan to return to God, that is the only answer, unity in God, America Bless God. We have become such a greedy, whats in it for me, I don’t care about anything but myself….country. We are a VERY DIVIDED NATION!

We are a nation that appears to forget that we need to repent for killing God’s babies. What do you think? Many seem to ignore the aborting of God’s babies and that there is no consequences for such awful, horrific acts like this! How can a nation be ‘normal’ that kills babies? Many Americans think they are above God. I plead with my country to return to God, He is waiting.

Mark my word, things will get much worse in America if we as a country do not return to God.

Do not be a fooled by the “nothing noise” of the world.

Recovery means returning to God.

I see and hear it everyday, so many Americans spouting off things that I know did not come from God. When we have a close personal relationship with Jesus we will not behave like this. So many trust their own self-will and have not turned their lives over to God. This is a bigger problem in this country than this pandemic! Division and Hate.

Can you even imagine how a child feels growing up in this world we live in?

Yet true godliness with contentment is itself great wealth. 1 Timothy 6:6

With 35 percent of small business owners saying their business cannot survive more than three months in current conditions, WalletHub today released its report on the States with the Most Affected Small Businesses due to Coronavirus, along with accompanying videos.

To identify the states in which businesses are hit hardest by COVID-19, WalletHub compared the 50 states and the District of Columbia across 12 key metrics. Our data set ranges from the share of small businesses operating in highly affected industries to small-business credit conditions and the state’s small-business friendliness. Below, you can see highlights from WalletHub’s report and a Q&A with WalletHub analysts.

States with Most Affected Businesses States with Least Affected Businesses
1. Hawaii 42. Oregon
2. Nevada 43. New Jersey
3. South Dakota 44. Minnesota
4. Mississippi 45. Illinois
5. South Carolina 46. Connecticut
6. Louisiana 47. Wisconsin
7. Arizona 48. Ohio
8. Nebraska 49. Pennsylvania
9. North Carolina 50. Massachusetts
10. North Dakota 51. District of Columbia

Key Stats

  • Hawaii has the highest share of small-business employees operating in highly affected industries, 57.66 percent, which is 1.5 times higher than in Pennsylvania, the state with the lowest at 38.59 percent.
  • Wyoming has the lowest share of businesses with e-commerce sales activity, 9.60 percent, which is 1.8 times lower than in the District of Columbia, the highest at 17.20 percent.
  • The District of Columbia has the highest share of loans to small businesses that are more than 30 days past due but less than 91 days past due, 7.40 percent, which is 12.5 times higher than in South Dakota, the state with the lowest at 0.59 percent.
  • Hawaii has the highest total dollar amount of small business loans per small business employee, $5,616, which is 2.3 times higher than in the District of Columbia, the lowest at $2,449.
  • South Carolina has the lowest share of eligible small businesses receiving SBA loans, 4.63 percent, which is 3.5 times lower than in Utah, the state with the highest at 16.27 percent.

To view the full report and your state’s rank, please visit:

Q&A with WalletHub

Why are Hawaii’s businesses most affected by the coronavirus pandemic?

“Some of the major reasons why Hawaii’s small businesses are most affected by the coronavirus pandemic are that over half of them are in highly affected industries, and those businesses comprise 58 percent of all small-business employment,” said Jill Gonzalez, WalletHub analyst. “Another key reason is that even prior to the coronavirus epidemic, new businesses in Hawaii had one of the lowest survival rates in the country.”

How have small businesses in New York been affected, considering that the state has the most COVID-19 cases?

“New York’s small businesses are the 30th most affected by coronavirus,” said Jill Gonzalez, WalletHub analyst. “Over 43 percent of small business employees in New York work in highly affected industries, and only a small fraction of New York merchants conducted business online before the pandemic. Just consider the tens of thousands of restaurants and corner stores that operate in New York City alone. WalletHub also rated New York state as one of the least small-business friendly states in the nation.”

How can business owners best take advantage of the stimulus?

“One big way that business owners can take advantage of the stimulus is to apply for the Paycheck Protection Program, which allows businesses with 500 or fewer employees to take out loans that will help them keep employees on the payroll or even hire more. The best part is that up to 100% of these loans may be forgiven,” said Jill Gonzalez, WalletHub analyst. “However, businesses should be proactive, as loans are offered on a first come, first served basis. In addition, it’s important to make sure that your business qualifies, as there are different stipulations from different banks.”

More on COVID-19 from WalletHub

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