This article examines the impact of the COVID-19 pandemic on, The financial stability of small and medium enterprises (SMEs) in different sectors and locations. The research analyzes the responses to a questionnaire distributed to 150 SMEs, considering variables such as business sector, size, geographic location, ownership structure, age of the business, educational attainment of owners, gender of owners, access to digital technology, and type of financing. The t-tests and ANOVA are used to compare the responses to the questionnaire and identify significant differences based on these variables. The findings suggest that government’s support and access to finance are critical factors in maintaining financial stability during the pandemic, while customer demand has been negatively impacted in most sectors.