Nearly 60 percent of small and midsize companies say they will be able to survive the COVID-19 outbreak and related business shutdowns if the pandemic ends in the next few months, according to a survey released Sunday by an insurance company.
In a survey conducted in late March by NN Life Insurance Co., 20.3 percent said they would be able to weather the impact of the virus if the spread was stamped out by the end of this month.
Some said their business would survive if the outbreak finished by the end of May, at 16.6 percent, and by the end of June, at 15.5 percent, while 7.1 percent said the virus spread would have needed to stop by the end of March in order for them to survive.