More than 100,000 small businesses have closed forever

The carnage was even higher in the restaurant industry, where 3 percent of restaurateurs have shut down, according to the National Restaurant Association.

Heartbreaking and heartfelt announcements on small business closings appear on websites and Facebook pages across the country. Analysts warn that this is just the start of the worst wave of small business bankruptcies and closings since the Great Depression. According to many owners, it is simply impossible for small businesses to survive without income for weeks and then reopen at half their capacity.

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