Today, the Paycheck Protection Program and Health Care Enhancement Act was signed into law, allocating additional money to the SBA Paycheck Protection Program (PPP). PPP is providing much-needed relief and helping America’s small businesses make it through this challenging time. In a joint statement, SBA Administrator Jovita Carranza and U.S. Treasury Secretary Steven … [More]
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In Business | Stimulus |
Paycheck Protection Program and Health Care Enhancement Act Signed into Law
Small Business Administration
In Business | Stimulus |
Tips for PPP Applications – Businesses, Be Ready for Monday
by Mike Hunter
Payroll Protection Program funds are anticipated to go liquid on Monday, and GPEC is urging every small firm in Arizona to prepare their applications and supporting documentation before capital becomes available. Consistency and accuracy are vital in the application process. Errors, inaccuracies or lack of documentation can be the difference between receiving funds and being … [More]
In Business | Stimulus |
Employer Brand Co. Pledges $7M to Help Rebuild the Economy
Ph.Creative
Ph.Creative is immediately pledging $7 million ( £5.6 million) in the form of 100% grants for career website design and development and 50% match funding for strategic employer branding work. The hope of the initiative is to accelerate and contribute towards the successful hiring of at least one million people, spanning across the USA and U.K. in the next six months. Bryan … [More]
In Business | Stimulus |
Phoenix City Council Unanimously Approves Major Funding for Homelessness
Rick McCartney
Phoenix City Council unanimously approved the allocation of nearly $18 million dollars of federal COVID-19 funding to support vulnerable populations in the community. According to Mayor Kate Gallego, the money will be used to combat homelessness, address housing insecurity, and provide micro-loans and grants for local small businesses and non-profits. This vote represents the … [More]
In Business | Stimulus |
Tempe and Credit Union Create $1 Million Small Business Emergency Loan Program
City of Tempe
To help struggling local businesses during this unprecedented time, the City of Tempe and Desert Financial Credit Union have developed a first of its kind program for Tempe-based companies, creating the $1 million Tempe Small Business Emergency Loan Program. Tempe businesses that employ between 5 and 50 people may be eligible for microloans of between $5,000 and $20,000. The … [More]
In Business | Stimulus |
Arizona will Provide Nearly 600,000 Children with Pandemic School Meal Replacement Benefits
State of Arizona Office of the Governor
The Arizona Department of Economic Security (DES) announced the USDA Food and Nutrition Service (FNS) authorized DES to provide Arizona P-EBT Pandemic School Meal Replacement Benefits to households with children who are eligible for free or reduced-price school meals. There are nearly 600,000 students receiving free or reduced-price school meals in Arizona, including 186,000 … [More]
In Business | Stimulus |
Phoenix COVID-19 Small Business Relief Grant Applications Are Closed Due to Demand
Phoenix Community and Economic Development
Last Tuesday, the Phoenix IDA, in partnership with the City of Phoenix, opened a $2 million grant program known as the Phoenix COVID-19 Small Business Relief Grant. Due to the demand and significant response for these grants, the application is now closed. Submitted applications are being reviewed and it is expected grants will be awarded in the coming weeks to a minimum of 200 … [More]
Waymo, Blue Cross Blue Shield of Arizona Make Donations to Support Coronavirus Relief Effort
State of Arizona Office of the Governor
Waymo has contributed $100,000 to the AZ Coronavirus Relief Fund, providing support to organizations working to mitigate the spread of COVID-19. Blue Cross Blue Shield of Arizona has donated $50,000 to the AZ Coronavirus Relief Fund. “Every donation to the AZ Coronavirus Relief Fund will go to help those most in need — whether it’s our doctors and nurses caring for patients … [More]
In Business | Stimulus |
How to Get Your Stimulus Money by Direct Deposit
by Richard Winchester
The fastest way for someone to get their stimulus money is by direct deposit. That can only happen if the government has their banking information. If it doesn’t, any stimulus check will take weeks – perhaps months – to arrive by mail as a check. The IRS has made two web portals available so that individuals whose banking information is not on file with the agency can get … [More]
Claims of Success for the Paycheck Protection Program by Officials
U.S. Small Business Administration
U.S. Small Business Administration Administrator Jovita Carranza and U.S. Treasury Secretary Steven T. Mnuchin spoke of the successes and record-breaking work regarding the just-launched Paycheck Protection Program (PPP): “The Treasury Department and SBA launched the unprecedented Paycheck Protection Program in just one week. Following its launch, the SBA processed more … [More]
In Business | Stimulus |
BBB Serves Small Business with Online CARES Act & PPP Course
BBB Serving the Pacific Southwest
Small business owners are currently inundated with an overload of financial relief options available to alleviate the detrimental impacts of the Coronavirus (COVID-19) pandemic. With this influx of crucial information, Better Business Bureau Serving the Pacific Southwest finds it vital to help guide companies as they navigate potentially business-saving options. In … [More]
In Business | Stimulus |
Urge for More Stimulus for Paycheck Protection Program and Economic Injury Disaster Loan Program
Small Business Administration
U.S. Treasury Secretary Steven T. Mnuchin and U.S. Small Business Administration Administrator Jovita Carranza issued the following statement regarding the Paycheck Protection Program and Economic Injury Disaster Loan Program: “The SBA has processed more than 14 years’ worth of loans in less than 14 days. The Paycheck Protection Program is saving millions of jobs and … [More]
U.S. Chamber of Commerce Launches Nationwide ‘Save Small Business’ Initiative
U.S. Chamber of Commerce
To combat the economic destruction threatening the survival of small businesses in every town across America, the U.S. Chamber of Commerce today launched the Save Small Business Initiative— a nationwide program to address small businesses’ immediate needs, mitigate closures and job losses, and mobilize support for long-term recovery. The Save Small Business Initiative … [More]
In Business | Stimulus |
New Main Street Lending Program Boosts Business Owners
CBIZ - Phoenix
On Thursday, April 9, 2020, the Federal Reserve announced additional financing solutions up to $2.3 trillion in loans to support organizations, banks as well as state and local governments. One solution in particular, the Main Street Lending Program will ensure that financial credit continues to be a source for small and mid-sized organizations. The Main Street Lending … [More]
In Business | Stimulus |
$10K COVID-19 Relief Grant Now Available for Phoenix Small Businesses
Rick McCartney
There is a new $10,000 grant to help with financial relief for small and very small businesses. Companies located within the city of Phoenix can apply for a Small Business Relief Grant of up to $10,000 from the Phoenix IDA in coordination with the City of Phoenix. “Small business owners are hurting, and we’re offering assistance to businesses to keep employees working and … [More]
Nonprofit Offering Critical Financial and Resource Assistance for LGBTQ+ Youth
one•n•ten
When one•n•ten first launched, it did so in an effort to create a sense of community and a source of support for some of the state’s most vulnerable. Now, recent world events are forcing one•n•ten and other organizations that provide potentially life-saving services to LGBTQ youth to adapt to a new reality – and they can’t do it alone. “No one could have forecasted the … [More]
In Business | Stimulus |
Online SNAP Purchases Okayed through Amazon and Walmart for Arizonans
State of Arizona Office of the Governor
Governor Doug Ducey announced that Arizonans currently receiving food assistance through the Supplemental Nutrition Assistance Program (SNAP) will be able to use benefits for online food purchases with currently-authorized SNAP online retailers, Walmart and Amazon. This change will help limit social interaction for Arizona’s most vulnerable while ensuring SNAP recipients … [More]
200 Internet Hotspots for Students in Rural Communities Offered
Rick McCartney
Governor Doug Ducey today announced a Mobile Hotspot Donation Drive to help K-12 students without home internet access online curriculum during the COVID-19 emergency. The Drive is part of a partnership between the Arizona Commerce Authority and the Arizona Department of Education (ADE) and will match donated wireless internet hotspots to students in need. To kick the drive … [More]
