The coronavirus pandemic has had catastrophic consequences on small businesses in the United States. Between March and August 2020, monthly online searches for "small business loan forgiveness" increased by over 115,270 percent compared to the previous year. During that period, small businesses were also featured in seven of the top ten fastest growing search queries relating to "loans" in the United States.
Coronavirus impact on the fastest-growing loan-related searches in the United States between March and August 2020, based on year-on-year search growth
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Semrush. (October 19, 2020). Coronavirus impact on the fastest-growing loan-related searches in the United States between March and August 2020, based on year-on-year search growth [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/1190279/search-growth-loans-coronavirus-united-states/
Semrush. "Coronavirus impact on the fastest-growing loan-related searches in the United States between March and August 2020, based on year-on-year search growth." Chart. October 19, 2020. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/1190279/search-growth-loans-coronavirus-united-states/
Semrush. (2020). Coronavirus impact on the fastest-growing loan-related searches in the United States between March and August 2020, based on year-on-year search growth. Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/1190279/search-growth-loans-coronavirus-united-states/
Semrush. "Coronavirus Impact on The Fastest-growing Loan-related Searches in The United States between March and August 2020, Based on Year-on-year Search Growth." Statista, Statista Inc., 19 Oct 2020, https://www.statista.com/statistics/1190279/search-growth-loans-coronavirus-united-states/
Semrush, Coronavirus impact on the fastest-growing loan-related searches in the United States between March and August 2020, based on year-on-year search growth Statista, https://www.statista.com/statistics/1190279/search-growth-loans-coronavirus-united-states/ (last visited December 22, 2024)
Coronavirus impact on the fastest-growing loan-related searches in the United States between March and August 2020, based on year-on-year search growth [Graph], Semrush, October 19, 2020. [Online]. Available: https://www.statista.com/statistics/1190279/search-growth-loans-coronavirus-united-states/