Stimulus Archives - Greater Phoenix In Business Magazine

APS Contributes $250,000 to the AZ Coronavirus Relief Fund

APS | April 1, 2020

Arizona Public Service (APS) contributed $250,000 to the AZ Coronavirus Relief Fund, supporting organizations working to mitigate the impact of COVID-19 in the state. The AZ Coronavirus Relief Fund, established by Governor Ducey as part of the Arizona Together initiative last week, will provide financial support to organizations working to support Arizonans during the … [More]

In Business | Online | Stimulus

Get up to 100% Forgivable Loan from the SBA

by Alexis Glascock and Jon Hall | April 1, 2020

Arizona small businesses now have the opportunity to receive an up to 100-percent forgivable loan to keep their businesses afloat and employees working. Under the new $2+ trillion Coronavirus Aid, Relief and, Economic Security (CARES Act) “Paycheck Protection Plan,” businesses with fewer than 500 employees can receive a loan from the Small Business Association to cover payroll, … [More]

In Business | Online | Stimulus

April 1: Providing Relief to Arizonans Impacted by COVID-19

State of Arizona Office of the Governor | April 1, 2020

As the new month arrives, Arizona has taken a series of proactive actions to provide financial relief to members of the public impacted by the disease. The Governor met with representatives from utilities, banks, internet providers, landlords and more to ensure Arizonans don’t see critical services shut off and are allowed to remain in their homes. These meetings have been … [More]

In Business | Online | Stimulus

Cautions about COVID-19 Loans Available to Small Businesses

Quarles & Brady | March 31, 2020

The nation’s small businesses received some welcome good news late last week when the federal government approved low-interest and, in some cases, forgivable loans as part of the federal government’s stimulus program in response to the COVID-19 pandemic. The U.S. Small Business Administration will make the loans available to businesses that employ fewer than 500 people … [More]

In Business | Online | Stimulus

STIMULUS: $6.7 Million In Funding To Support Vulnerable Arizonans

State of Arizona Office of the Governor | March 30, 2020

Governor Doug Ducey announced an initial $6.7 million in funding to support Arizona food banks, nutrition programs and programs that serve the homeless. The dollars are part of a $50 million COVID-19 relief package signed into law over the weekend by Governor Ducey and will have an immediate impact for Arizona’s most at-risk communities. “Arizona is committed to using every … [More]

In Business | Online | Stimulus

Local First Arizona Launches Small Business Relief Fund

Local First Arizona | March 27, 2020

As Congress today passes a federal Coronavirus relief package, Local First Arizona launches a new initiative that will provide immediate financial relief to Arizona’s microenterprises with mini-grants to cover costs like employee payroll and rent. Immediate cash flow, not loans, will keep the backbone of the Arizona economy afloat and looking forward to a stronger … [More]

In Business | Online | Stimulus

New Dollars For Rental Assistance in Arizona Due to COVID-19

State of Arizona Office of the Governor | March 27, 2020

Governor Doug Ducey today announced $5 million in new funding to help Arizonans struggling to make rent due to COVID-19. The new dollars will be included as part of a Rental Eviction Prevention Assistance Program being launched by the Arizona Department of Housing and will help families and individuals who are facing a loss of income due to COVID-19 with monthly rent … [More]

In Business, Just In | Online | Stimulus

STIMULUS: Small Business Administration Approves Loans For Arizona Businesses Affected By COVID-19

State of Arizona Office of the Governor | March 19, 2020

Today, the U.S. Small Business Administration (SBA) approved an Economic Injury Disaster Loan declaration for Arizona that will help small businesses here in the state impacted by COVID-19. Individual businesses can be eligible for up to $2 million through the program. On Monday, March 16, 2020, Governor Ducey submitted a request to the federal government for the economic … [More]