WalletHub took into account the number of small businesses operating in the industries most impacted by COVID-19 when developing the ranking. It also examined the state’s small business credit conditions and small-business friendliness to generate the final report. Here are the 10 states with the most affected small businesses affected by the coronavirus:
1. Hawaii
2. Nevada
3. South Dakota
4. Mississippi
5. South Carolina
6. Louisiana
7. Arizona
8. Nebraska
9. North Carolina
10. North Dakota
Massachusetts, Pennsylvania, Ohio and Wisconsin are among the states with the least affected small businesses.
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