Stimulus Archives - Page 6 of 7 - Greater Phoenix In Business Magazine

How Arizona Workers Impacted by COVID-19 Access Unemployment Benefits

Rick McCartney

Recent state and federal actions have expanded eligibility and benefit amounts for Arizona workers impacted by COVID-19. On March 20, Governor Ducey issued an Executive Order, later followed by the signing of legislation, ensuring those who are out of work or facing a loss of hours because of COVID-19 have access to unemployment benefits. The order: Waived the one-week … [More]

In Business | Stimulus |

Feds Give Nearly $10 Million for Meals for Low-Income Arizonans

State of Arizona Office of the Governor

Governor Doug Ducey today announced the Arizona Department of Economic Security (DES) was awarded $9.8M in funding from the federal government for the Emergency Food Assistance Program (TEFAP). TEFAP is a federally funded program that provides emergency food and nutrition assistance at no cost to low-income individuals, including seniors. “At a time when many Arizonans are … [More]

In Business | Stimulus |

FirstBank Announces Comprehensive Effort to Assist Customers, Employees and Communities During Coronavirus Crisis

FirstBank

FirstBank, one of the nation’s largest privately held banks with a focus on “banking for good,” today announced a comprehensive effort to help those impacted by the novel coronavirus pandemic, including the launch of its customer assistance program, increased compensation for on-site employees, and continued support of Arizona Gives Day and its newly created Nonprofit Emergency … [More]

In Business | Stimulus |

$2 Million in Funding for Goodwill Services

State of Arizona Office of the Governor

Governor Doug Ducey announced $2 million in funding to put 400 Arizona Goodwill employees back to work and expand support and services to Arizonans in need. The funding is part of a $50 million COVID-19 relief package passed by the Legislature and signed into law last month by the Governor. “Goodwill is a beacon of hope for countless Arizonans across our state,” said … [More]

In Business | Stimulus |

New Assistance Available To Support Arizona Small Businesses

State of Arizona Office of the Governor

Arizona small businesses adversely impacted by COVID-19 have limited time to benefit from important benefits passed along with the federal Coronavirus Aid, Relief, and Economic Security (CARES) Act. Known as the Paycheck Protection Program, small businesses can apply for 100% federally guaranteed loans for an amount up to 2.5 times their average monthly payroll expenses for the … [More]

In Business | Stimulus |

Launch of Child Care for COVID-19 Frontline Workers

State of Arizona Office of the Governor

Arizona Enrichment Centers, starting Monday, April 6 will offer childcare for the children of first responders, critical healthcare workers, and essential public sector workers, including child safety workers. This initiative is made possible thanks to a broad network of child care providers and numerous State agencies, including the Arizona Departments of Education, Health … [More]

In Business | Stimulus |

Phoenix Helps Small Businesses with SBA Disaster Loan Video Tutorial and Forms

City of Phoenix

Phoenix small businesses needing assistance with the Small Business Administration’s Economic Injury Disaster Loan application can find a 6-minute video on the Phoenix.gov/Resources website. The step-by-step tutorial covers the new simplified EIDL loan application and supplemental information that SBA may require. The SBA disaster loan allows an advance of up to $10,000 that … [More]

In Business | Stimulus |

Paycheck Protection Program Blasts Off

by Glenn Hamer

For the thousands of Arizona small businesses that have been negatively affected by the paralysis afflicting the American economy because of Covid-19, Friday, April 3, 2020 is the most important day on the calendar. That’s the day the Treasury Department and lenders around the country open up the Paycheck Protection Program to applicants and begin issuing forgivable … [More]

In Business | Online | Stimulus

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 | COVID-19 Biz News

SBA and Treasury Begin Unprecedented Public-Private Mobilization Effort to Distribute Funds

Small Business Administration | April 1, 2020

Following President Trump’s signing of the historic Coronavirus Aid, Relief, and Economic Security (CARES) Act, SBA Administrator Jovita Carranza and Treasury Secretary Steven T. Mnuchin today announced that the SBA and Treasury Department have initiated a robust mobilization effort of banks and other lending institutions to provide small businesses with the capital they … [More]

In Business | Online | COVID-19 Biz News

90-Day Fee Relief For Restaurants, Bars Impacted By COVID-19

State of Arizona Office of the Governor | March 31, 2020

To provide additional assistance to restaurants and bars facing loss due to COVID-19, Governor Doug Ducey announced the Arizona Department of Liquor Licenses and Control will defer the payment of all liquor licensing fees by 90 days. Previously, missing a liquor licensing payment period could result in a restaurant’s inability to sell liquor or even the loss of its liquor … [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 | COVID-19 Biz News

STIMULUS: New Steps To Protect Families And Small Businesses From Foreclosure

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

Governor Doug Ducey announced a cooperative agreement with the state’s banks to protect small businesses and families from eviction and foreclosure. Banks also committed to expediting the application and approval of small business loans as part of the $349 billion Paycheck Protection Program passed by Congress and signed into law last week. Under the agreement, banks are … [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]