Table 3.

The severity of COVID Impact and Receiving PPP, EIDL, and Loan Forgiveness.

Dep. Variables	PPP Rec		EIDL Rec		Loan Forgiveness Rece
Intercept	0.21973		0.26165		−0.04954
LN	−0.50722		−0.38356		0.03507
MN	−0.53750		−0.27994		0.05644
NE	0.19846		−0.15552		0.06013
MP	−0.24103		−0.20622		0.15418
LP	−0.59002		−0.38214		−0.04584
PPP Req	1.17376	***
EIDL Req			0.78362	***
Loan Forgiveness Req					0.55569	***
Observations	379		379		379
Adjusted R Square	0.46602		0.71192		0.54615

*** significant at 1% level.