The goal of this project was to provide a descriptive, analytical, and textured understanding of black business owners’ experiences in Durham amidst the COVID-19 pandemic. The report provides a rich historical context of black business ownership in Durham prior to the onset of the pandemic, emphasizing the prevalence of racial and gender disparities in business characteristics. Second, the report examines the impact of COVID-19 on four key dimensions of black business ownership: operational, psychological, social, and financial. Third, it analyzes racial and gender disparities in the Paycheck Protection Program (PPP) lending during the pandemic. Fourth, it describes the ways that black business owners are coping and responding to the COVID-19-related impacts. Finally, the report concludes with a discussion of the policy implications of this study and offers recommendations that draw insight from the data and participant interviews.