Jobs may not come totally back for years, all depending on how small businesses weather this storm
Barry O’Donovan opened his Irish pub across from a railroad station used by Wall Street commuters just five days before Lehman failed. His business survived the Great Recession. Then in August, 2011, Hurricane Irene swept the nearby Rahway River straight through his Cranford, N.J. restaurant. Again, his Kilkenny House survived, thanks in part to a $200,000 Small Business Administration Loan. He continues to pay it off.
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