Survey: April more optimistic for Greenville business than expected.

 
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Another survey (.pdf) launched by the Greenville Chamber, city of Greenville and Greenville Area Development Corporation charts an increase in optimism among business owners despite a 45% cut in gross income over the month of April.

April's survey demonstrated that 39% of more than 300 Greenville-area businesses polled had voiced concern that COVID-19 may put them out of business, while May's results show a slight decrease to 31%. The drop in gross income didn't reach the 47% projection in the last survey for April, and business owners expect May to bring a smaller revenue reduction at 43%.

About half of the survey participants had received Paycheck Protection Program funding, while 20% of those who have not yet received funds applied for the loan, according to a news release. One-third of respondents had cut some of their work...

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