Financial Resources
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.
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.
SizeUp Arizona
Arizona Public Service launched a small business tool to provide market research and data analytics to understand the competition.
Safest Outside Restaurant Assistance Program
The State of Arizona created the Safest Outside Restaurant Assistance Program, which is designed to assist bars and restaurants with funding for the infrastructure needed to expand their premises.
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.
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.
CORE Grants
The Community Foundation for Southern Arizona is offering grants to nonprofit organizations in Cochise, Graham, Greenlee, Pima, Pinal, Santa Cruz and Yuma counties.
Pinal County Business Sustainability Program
The Business Sustainability Program is a one-time reimbursement of up to $15,000 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).
#GilbertTogether Business Relief Grant
The Town of Gilbert is providing grants up to $35,000 to support Gilbert small businesses.
MesaCares Small Business Reemergence Program
Receive business support for website development, marketing, revenue and IT services with the MesaCares program.
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.
Peoria Community Development Block Grant (CDBG)
The Peoria CDBG grants are for mircoenterprises who meet certain low-moderate income levels as defined by HUD.
Queen Creek Together
This grant program is for Queen Creek businesses to reimburse costs incurred for enhanced sanitation, employee safety and customer safety.
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.
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.
Casa Grande CARES
The City of Casa Grande is launching Casa Grande CARES to financially assist qualifying local businesses and federally recognized non-profits with a one-time reimbursement up to $10,000.
LHC Resource Alliance CARES Grant
The LHC Resource Alliance is providing grants for local businesses in Lake Havasu City to sustain operations.
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.
Federal Payroll Tax
By executive order, federal payroll taxes are deferred for employees and employers through December 31, 2021.
