Funding Announced to Help Restaurants Expand Outdoor Seating, Protect Patrons and Staff

State of Arizona Office of the Governor

Governor Doug Ducey announced an additional $1 million for a statewide program aimed at helping Arizona restaurants and other dining establishments expand outdoor seating and limit the spread of COVID-19. “Restaurants throughout the state have expanded outdoor dining to welcome more customers while limiting the spread of COVID-19,” said Governor Ducey. “We want to make sure … [More]

Arizona Passes 300,000 Mark in COVID-19 Vaccine Doses Administered

Arizona Department of Health Services

Almost 320,000 doses of COVID-19 vaccine have been administered in Arizona, reflecting strong momentum over the past week in getting more vaccine into the community. “Vaccine distribution is accelerating in Arizona, especially with the addition of the State Farm Stadium vaccination site. Late last week, we celebrated passing 200,000 doses administered and now we’ve surpassed … [More]

Nearly 150,000 February Appointments Booked at Two State COVID-19 Vaccination Sites

Arizona Department of Health Services

More than 5,200 Arizonans will receive their first doses of the COVID-19 vaccine every day next month at State Farm Stadium and Phoenix Municipal Stadium. “The nearly 150,000 appointments available in February for first doses have been booked at the two state-run COVID-19 vaccination sites,” said Dr. Cara Christ, director of the Arizona Department of Health Services (ADHS). … [More]

60,000 Paycheck Protection Program Loans Approved in First Week

U.S. Small Business Administration

The U.S. Small Business Administration announced that it has approved approximately 60,000 PPP loan applications submitted by nearly 3,000 lenders, for over $5 billion, between the program’s re-opening on Monday, Jan. 11, at 9 a.m. ET through to Sunday, Jan. 17.   Last week, the PPP provided dedicated access to community financial institutions that specialize in serving … [More]

Paycheck Protection Program Updates: PPP Opens to All

inbusinessPHX.com

The U.S. Small Business Administration, in consultation with the U.S. Treasury Department, has re-opened the Paycheck Protection Program (PPP) loan portal to PPP-eligible lenders with $1 billion or less in assets for First and Second Draw applications. The portal is fully opened to all participating PPP lenders to submit First and Second Draw loan applications to SBA. Last … [More]

Arizona Passes 200,000 Mark in COVID-19 Vaccine Doses Administered

Arizona Department of Health Services

The number of COVID-19 vaccine doses administered in Arizona has passed 200,000 as the state and counties collaborate to get more and more vaccine into the arms of prioritized individuals. “This is an exciting milestone for Arizona,” said Dr. Cara Christ, director of the Arizona Department of Health Services (ADHS). “Any dose that remains in storage remains a challenge to be … [More]

Jobless Claims Surge to Highest Weekly Total Since August

U.S. Department of Labor

In the week ending January 9, the advance figure for seasonally adjusted initial claims was 965,000, an increase of 181,000 from the previous week's revised level. The previous week's level was revised down by 3,000 from 787,000 to 784,000. The 4-week moving average was 834,250, an increase of 18,250 from the previous week's revised average. The previous week's average was … [More]

Strong Demand for COVID-19 Vaccine Paves Way for Second State Site at Phoenix Municipal Stadium

State of Arizona Office of the Governor

Governor Doug Ducey and the Arizona Department of Health Services (ADHS) today announced the launch of a second state vaccination site following the success of Arizona’s first 24/7 state vaccination site in Glendale. “Arizona’s vaccine site at State Farm Stadium has been a game changer,” said Governor Ducey. “This week has demonstrated Arizonans are ready for the COVID-19 … [More]

SBA Re-Opening Paycheck Protection Program to Small Lenders on Friday, January 15 and All Lenders on Tuesday, January 19

U.S. Small Business Administration

The U.S. Small Business Administration, in consultation with the U.S. Treasury Department, will re-open the Paycheck Protection Program (PPP) loan portal to PPP-eligible lenders with $1 billion or less in assets for First and Second Draw applications on Friday, January 15, 2021 at 9 am ET.  The portal will fully open on Tuesday, January 19, 2021 to all participating PPP lenders … [More]

1.1 Million Paycheck Protection Program Loans Forgiven So Far Totaling More Than $100 Billion

U.S. Small Business Administration

The U.S. Small Business Administration has already forgiven more than 1.1 million Paycheck Protection Program (PPP) loans for over $100 billion, providing an extraordinary amount of critical relief to America’s small businesses just 3 months since the earliest PPP borrowers’ covered periods ended. “Today’s news is a key indicator that the PPP is working for all small … [More]

Business Organizations Advise ‘Prioritize State Recovery over Partisan Politics this Session’

inbusinessPHX.com

In a joint statement Monday, several influential business leadership organizations came together to urge our state legislators to act in the best interest of Arizonans and focus on recovery - not partisan politics - as we open the 55th Legislative session. In a statement released Monday, the leadership organizations made it clear that they support a strong effort to recover … [More]

Governor Ducey Delivers State of the State Address, Outlines 2021 Priorities

State of Arizona Office of the Governor

Governor Doug Ducey today delivered the State of the State address in a live broadcast to the opening session of the 55th Arizona state legislature and the people of Arizona. The Governor outlined his vision for 2021, focusing on the continued fight against COVID-19, the distribution of the vaccine, prioritizing K-12 education, creating jobs and helping Arizonans who have been … [More]

SBA Re-Opens PPP in Two Phases

U.S. Small Business Administration

The U.S. Small Business Administration, in consultation with the U.S. Treasury Department, re-opened the Paycheck Protection Program (PPP) loan portal Monday at 9 am ET. SBA is continuing its dedicated commitment to underserved small businesses and to addressing potential access to capital barriers by initially granting PPP access exclusively to community financial institutions … [More]

Electronic Filing Now Available for AZ Corporate Taxpayers

Arizona Department of Revenue

Corporations, partnerships, S corporations, and fiduciaries can now electronically file their income taxes to the Arizona Department of Revenue (ADOR). Legislation signed into law initiated a multi-year phase-in period for businesses required to file income tax returns electronically. The e-file option was introduced in 2020 for tax year 2019 and is now mandatory for … [More]

SBA Launches New, Free Online Digital Learning Platform

U.S. Small Business Administration

The U.S. Small Business Administration Administrator Jovita Carranza, today announced the launch of Ascent, a first-of-its-kind, free digital e-learning platform geared to help women entrepreneurs grow and expand their businesses.  Ascent has valuable content such as tips on preparing and recovering from disasters, strategic marketing and business financial strategy … [More]

SBA Extends Crucial Lifeline to Borrowers Impacted by COVID-19 with Debt Relief

U.S. Small Business Administration

As the U.S. Small Business Administration continues implementation of the Economic Aid to Hard-Hit Small Businesses, Nonprofits and Venues Act, signed into law by President Trump on Dec. 27, 2020, SBA Administrator Jovita Carranza made the following statement in regards to Section 325: “Small business is big business in America, and this Administration will continue to … [More]

Arizona One of the First States to Begin Issuing New $300 COVID-19 Relief Unemployment Funds

Arizona Department of Economic Security

Governor Doug Ducey and the Arizona Department of Economic Security (DES) announced today Arizona is one of the first states in the nation to distribute an additional $300 per week benefit to unemployed Arizonans under the recently-passed federal COVID-19 relief legislation. “The team at the Arizona Department of Economic Security has worked tirelessly to scale up their … [More]

BREAKING: SBA and Treasury Announce PPP Re-Opening; Issue New Guidance

U.S. Small Business Administration

The U.S. Small Business Administration (SBA), in consultation with the Treasury Department, announced today that the Paycheck Protection Program (PPP) will re-open the week of January 11 for new borrowers and certain existing PPP borrowers. To promote access to capital, initially only community financial institutions will be able to make First Draw PPP Loans on Monday, January … [More]

Federal Transit Administration Allocates $49.5 Million to Northwest Extension Phase II Project

Valley Metro

The Federal Transit Administration announced the second allocation of grant funding for the Northwest Extension Phase II rail project. In addition to its first allocation, the project has now been allocated a total of $100 million in federal Capital Investment Grant (CIG) funds. Construction on the extension, which will include the system’s first elevated station, began in … [More]

U.S. Jobless Claims Fall Slightly, as New Year Begins

U.S. Department of Labor

In the week ending January 2, the advance figure for seasonally adjusted initial claims was 787,000, a decrease of 3,000 from the previous week's revised level. The previous week's level was revised up by 3,000 from 787,000 to 790,000. The 4-week moving average was 818,750, a decrease of 18,750 from the previous week's revised average. The previous week's average was revised up … [More]