Harvard researchers estimate that approximately 110,000 small business closed permanently between the end of March and May this year. Their survey showed the following results by industry. Six month closures are not so hypothetical today. investorshub.advfn.com/uimage/uploads/2020/7/19/uktbdSmall_Business.jpg The full report is here: https://www.nber.org/papers/w26989.pdf