Below are a variety of federal, state, county and city financial programs for small businesses.
Paycheck Protection Program
This program provides immediate cash assistance during the COVID-19 crisis. Designed to keep employees on the payroll, the loan will be fully forgiven if the funds are used for maintaining or rehiring workers, rent, mortgage interest or utilities.
Economic Injury Disaster Loan
The Economic Injury Disaster Loan helps small businesses impacted by COVID-19 with no minimum loan requirement. Additionally, all small businesses are eligible to apply for an advance of up to $10,000.
Main Street Lending Program
Main Street loans are intended to facilitate lending to small and medium-sized businesses that are not eligible for the SBA Paycheck Protection Program.
BBB Main St. Matters
BBB Serving the Pacific Southwest launched the Main St. Matters program to offer emergency grants in the form of $500 or $1,000 awards.
SBA Lender Match
Lenders found through the SBA Lender Match can assist with 7(a), 504 and microloan programs.
SBA Express Bridge Loans
The Express Bridge Loan Pilot Program is for small businesses who already have a relationship with an SBA Express Lender to access up to $25,000.
Arizona Public Service Customer Support Fund
Arizona Public Service (APS) has set up a Customer Support Fund to assist customers who need help paying their APS bills.
Growth Partners Arizona Small Business Sucesss Loan
Small Business Success Loans are for small businesses needing to borrow larger loan amounts for business growth and expansion and consolidation of more expensive debt.
Kiva Tucson Crowdfunding Loans
The Kiva Tucson loan is a no-interest loan, no-fee, community-backed business loan ranging from $1,000 to $15,000.
Chicanos Por La Causa PRÉSTAMOS
The Chicanos por la causa Prestamos division is offering a microloan of up to $25,000 for payroll, rent and monthly liabilities.
Arizona Public Service launched a small business tool to provide market research and data analytics to understand the competition.
Maricopa County Small Business Grant Program
Maricopa County reopened its small business grant program with modifications to support the continued viability of small businesses experiencing financial hardship.
PPEP MICROBUSINESS & HOUSING DEVELOPMENT CORPORATION (PMHDC)
PMHDC offers a range of microloans to small businesses in southern Arizona that reside in Yuma, Cochise, Santa Cruz, Pima, Pinal, Maricopa, Gila and Graham Counties.
GRAHAM & GREENLEE COUNTY MICRO-LOAN
Offered through Local First Arizona, Freeport McMoRan and the Graham & Greenlee County Leadership Cohort, local businesses can apply for loans to help them stay competitive.
COVID-19 Community Support Grant
The Community Foundation for Southern Arizona’s COVID-19 Support Fund will provide grants to organizations in the range of $3,000 - $20,000.
Pinal County Business Sustainability Program
The Business Sustainability Program is a one-time reimbursement of up to $30,000 to qualifying businesses for rent, mortgage and/or utilities expenses for a three-month period.
CHOOSE CHANDLER GRANT PROGRAM
The Choose Chandler reimbursement grant program assists small businesses with costs incurred from purchasing personal protective equipment (PPE).
I Choose Chandler Business Hiring & Retention Program
The City of Chandler is providing businesses in industries most impacted by the effects of COVID-19 with grants based on employee retention and hiring.
FOUNTAIN HILLS SMALL BUSINESS GRANT PROGRAM
This program provides grants funded by the State of Arizona’s AZCares Fund to town businesses impacted by COVID-19.
MESACARES SMALL BUSINESS REEMERGENCE PROGRAM
Receive business support for website development, marketing, revenue and IT services with the MesaCares program.
PEORIA SMALL BUSINESS EMERGENCY LOAN PROGRAM
This program helps businesses and organizations that were deeply and financially affected by the pandemic in Peoria with reopening costs.
Peoria Community Development Block Grant (CDBG)
The CDBG Small Business Assistance Grants are for enterprises that make the community stronger by creating jobs for low- to moderate-income individuals.
Peoria Small Business/Nonprofit Relief Grant Program
The City of Peoria is offering small businesses and nonprofits experiencing financial hardship due to the COVID-19 pandemic with a grant program to provide up to $20,000 for expense reimbursement.
Phoenix Commercial City Services Bill Relief Grant
The Phoenix Commercial City Services department is offering grants to small businesses for unpaid water and sewer expenses as a result of financial impact from COVID-19.
Phoenix Small Business Relief Grants (round two)
The City of Phoenix and Phoenix IDA are offering small businesses grants for up to $10,000 to assist small business owners with payroll and other operating costs.
Phoenix Microbusiness Resiliency Grant
The City of Phoenix is offering grants up to $5,000 to local microbusinesses, solo practitioners and entrepreneurs experiencing economic distress due to COVID-19.
Queen Creek Together
This grant program is for Queen Creek businesses to reimburse costs incurred for enhanced sanitation, employee safety and customer safety.
Tempe Small Business Emergency Loan Program
This program aids Tempe businesses with microloans of between $5,000 and $20,000
Revolving Loan Program
The Verde Valley Regional Economic Organization is providing microloans to businesses looking to expand or relocate to the Verde Valley in Central Arizona.
Sahuarita Business Safety & Recovery Program
The Town of Sahuarita is supporting local small businesses with financial assistance of up to $10,000 for payroll and operational costs.
City of Yuma COVID-19 Small Business Grant Relief Program
The City of Yuma is offering small businesses grants ranging from $1,500 to $10,000 to keep employees on payroll and meet other operating costs.
Florence Returning Stronger Grant Program
The Town of Florence is offering financial support to local businesses that have committed to protecting public health during the pandemic.
OVSafeSteps Business Assistance Program
The Town of Oro Valley and the Oro Valley Chamber of Commerce launched OVSafeSteps to support local businesses with financial resources for PPE, marketing and business coaching.
Tempe Small Business Grant Program
The City of Tempe is providing financial support to businesses in industries most impacted by the effects of COVID-19.
Coronavirus Food Assistance Program 2
The USDA reopened the CFAP to provide farmers and producers with financial support to assist with increased marketing costs.
USDA EMERGENCY FARM LOAN
The Emergency Farm Loan program helps producers who suffer qualifying farm related losses directly caused by the disaster.
PAID SICK LEAVE AND CHILD CARE LEAVE TAX CREDITS
These refundable payroll tax credits available under the Families First Coronavirus Response Act reimburse employers for the cost of providing coronavirus-related leave to their employees.
Federal Payroll Tax
By executive order, federal payroll taxes are deferred for employees and employers through December 31, 2020.
ARIZONA TAX EXTENSION
In accordance with the extended federal tax return deadline of July 15, 2020, ADOR moved the deadline for filing and paying state income taxes to July 15, 2020.
FEDERAL TAX EXTENSION
The U.S. Treasury Department has announced that the federal tax-filing deadline has been extended from April 15 to July 15, 2020.
EMPLOYEE RETENTION CREDIT
The Employee Retention Credit through the CARES Act is a fully refundable tax credit for employers who have closed or partially closed due to COVID-19 and have not received a Paycheck Protection Program loan.