By Ann Saphir
(Reuters) – U.S. states hit hardest by COVID-19 had some of the biggest jumps in small business loan defaults since the onset of the pandemic, and some of the highest rates of default overall, according to data provided to Reuters on Friday by PayNet, a division of credit tracking company Equifax Inc.
For a graphic of the top ten states by default rates in June, please see https://tmsnrt.rs/33l88TU.
For a graphic of the top ten states by rise in default rates since February, please see https://tmsnrt.rs/30eZ0hW
From February, before the scourge, to June, the most recent data available, defaults among small […] Read more