Resources for Businesses and Non-profits Impacted by COVID-19
Dollars for Dreams Business Microloan
The Sustainable Economic Development Initiative (SEDI) helps realize the dreams of Flagstaff start-up, existing, and home-based businesses lacking access to small amounts of capital by providing up to $15,000 in initial financing and helping them establish and learn about credit.
Economic Injury Disaster Loan (EIDL)
*The SBA has reopened the EIDL application and is now accepting loan applications from qualified small businesses and U.S. agricultural businesses.
The SBA’s Economic Injury Disaster Loan program provides small businesses with working capital loans of up to $2 million that can provide vital economic support to small businesses to help overcome the temporary loss of revenue they are experiencing. Interest rates are 3.75% for small businesses and 2.75% for non-profits. The SBA created a helpful presentation on EIDLs for COVID-19-related economic disruptions as well as guidance on approved uses for EIDL funds.
Economic Injury Disaster Loan Emergency Advance
Small businesses and non-profits with less than 500 employees are eligible to apply for an Economic Injury Disaster Loan Emergency Advance of $1,000 per employee with a maximum advance amount of $10,000 when they apply for an Economic Injury Disaster Loan. The loan advance will provide economic relief to businesses that are currently experiencing a temporary loss of revenue. Funds will be made available within three days of a complete application, and this loan advance will not have to be repaid, even if the loan application is deemed ineligible for further funding. The COVID-19 Economic Injury Disaster Loan and advance application is available online.
For a comprehensive overview of resources available, please see the Small Business Owner’s Guide to the CARES Act. Additional resources made available by recent federal legislation include an Employee Retention Tax Credit, SBA Express Bridge Loans, a Small Business Exception to the FFCRA, and debt relief.
The SBA has also published a list of active SBA lenders located in Arizona.
Main Street Lending Facility
The Federal Reserve established the Main Street Lending Program to enhance support for small and mid-sized businesses that were in good financial standing before the crisis by offering 4-year loans to companies employing up to 15,000 workers or with revenues of less than $5 billion. More information can be found on the Federal Reserve Website.
Paycheck Protection Program
*Small business owners who are interested in applying for a loan through the Paycheck Protection Program are encouraged to do so as soon as possible. The final deadline for loan applications to be approved is August 8, 2020.
The Paycheck Protection Program is a federal program that offers forgivable loans of up to $10 million to help small businesses and non-profits with fewer than 500 employees keep workers on their payroll and pay their rent, mortgage interest or utility bills during the COVID-19 pandemic. Borrowers are eligible to have their loans forgiven if they follow certain regulations. More information on the Paycheck Protection Program is provided by the SBA and the revised borrower application form is available on the SBA website.
To calculate your estimated maximum PPP loan and forgiveness amount, see the Arizona Commerce Authority’s online calculator.
To apply for PPP loan forgiveness, you will need to fill out an application. The SBA, in consultation with Treasury has released a standard loan forgiveness application for the Paycheck Protection Program, as well as a new EZ application for forgiveness of PPP loans. The applications and instructions are available in the links below:
- Paycheck Protection Program Loan Forgiveness Application (06-16-2020) (Spanish version)
- Paycheck Protection Program EZ Loan Forgiveness Application (06-16-2020)
Rapid Employment Job Training Grant
In response to economic consequences of the COVID-19 outbreak, Arizona established a financial program to support employers and continue energizing Arizona’s economy. The Rapid Employment Job Training Grant provides support by reimbursing costs associated with training substantial numbers of new employees quickly. Public or private organizations, entities or sole proprietorships who have hired new employees between March 1 and September 1, 2020 and provided online or in-person training are eligible for reimbursement through this grant.
- The Better Business Bureau’s Pacific Southwest microgrant program offers $500 to $1,000 to recipients.
- The Flagstaff Downtown Business Alliance is offering micro-grants. Please email Terry (email@example.com) or Tess (firstname.lastname@example.org) for more details
Arizona Office of Tourism Webinars
AOT, in collaboration with Off Madison Ave marketing and advertising agency, is offering a webinar series that will guide participants step-by-step through set-up and use of social media, online advertising and eCommerce platforms as well as best practices and accesses/evaluating analytics. The first webinar, Google My Business, will be held at 11am on Wendesday, May 20. The second webinar, Google Ads Webinar, will be held on Wednesday May 27 at 11am.
Back to Business Free Webinar
NACOG and the Arizona@Work program are offering a series of three webinars aimed to help businesses reopen and reduce risks. Topics include cash management, business planning and employee re-engagement. Register online.
Enhanced Food Handler’s Certification
Coconino County Health and Human Services (CCHHS) and Northern Arizona University (NAU) have partnered to create a new COVID Aware Enhanced Food Handler’s Certification for the local food-service industry.
The CCHHS Enhanced Food Handler’s Certification represents the most current health guidance directly related to preventing the spread of COVID-19 in a food-service establishment. The recommended practices stem from the Center for Disease Control (CDC), Food and Drug Administration (FDA) and Arizona Department of Health Services (ADHS) and are designed to increase the safety to guests, employees and our community.
Food-service businesses and employees can complete the program online, free of charge. Following completion businesses will then be listed on the CCHHS website as a Certified COVID Aware Business and be given a certificate to place on a front window to notify patrons that the business is Certified COVID Aware. The display of a COVID Aware certificate indicates that a business is promoting best practices and actively supporting local proclamations and Arizona State Executive Orders.
For more information on the certification please visit the County’s website.
Evictions Halted for Small Businesses and Non-profits
Governor Doug Ducey issued an Executive Order halting evictions for small businesses and non-profits that are unable to pay rent due to financial hardship caused by the COVID-19 pandemic.
Guidance for Various Types of Businesses and Organizations
Governor Doug Ducey has issued guidance for retail businesses , guidance for restaurants, guidance for barbers and cosmetologists, guidance for pools, guidance for gyms and fitness providers, guidance for spas and guidance for places of worship in relation to the Stay Home, Stay Healthy, Stay Connected executive order.
Preparing Workplaces for COVID-19
The Centers for Disease Control offer guidance for businesses that can be used to prevent and slow the spread of COVID-19, including how to reduce transmission among employees, maintain healthy business operations and maintain a healthy work environment.
The U.S. Food and Drug Administration has also issued guidance on safety within food service and food manufacturing during COVID-19.
Requirements for Restaurants and All Businesses
Weekly Small Business COVID-19 Response Planning Webinars
Webinars are ongoing every Thursday from 1:30-2:30pm. Additionally, weekly tutorials on how to apply for a SBA loan are ongoing every Tuesday from 2:00-3:00. Phone-in options are available. Please email email@example.com for your invitation to attend. Check out the PowerPoint presentation from the July 7 webinar.
Arizona Small Business Boot Camp
Beginning April 27, the the ACA will be kicking off a 6 week Boot Camp that will provide daily expertise from community business leaders on how to prepare your business for a strong recovery on the journey of our state’s economic renaissance. Cost is free.
Basic Business Empowerment
Basic Business Empowerment (BBE) is a business development plan training program for Coconino County Residents. It is offered through a 9-week online platform. Read more about the program and apply online.
CARES Act Readiness Program for Small Businesses
This online training program helps small businesses access the capital they need, helping both novice and experienced borrowers successfully access relief funds. The CARES Act Readiness Program for Small Businesses provides this individualized support for free. The program is customized to the business owner’s borrowing experience. It provides 2-5 online classes that will walk businesses through everything from the basics of finance to submitting loan applications. The goal is to ensure small businesses in your communities are not only prepared to access the next phase of funds from the CARES Act but have individualized support to apply for loans. More information on the CARES Act Readiness Program for Small Businesses is available online.
Rapid Response Program
Coconino County’s Rapid Response program works with your company and any employee representative to quickly maximize public and private resources to minimize the disruptions that are associated with job losses. Due to the immense changes in the workforce landscape, a WARN notice is being requested from all businesses that are/or have reduced their staff through reduction in hours, furlough or layoff.
Shared Work Program
The Arizona Department of Economic Security’s Shared Work Program is an innovative solution to adjusting to limited available hours.
City of Flagstaff Economic Development Offices
The City of Flagstaff Economic Development Offices are a city resource that connects businesses and employees to relevant information and programs to help them overcome challenges they may be facing due to COVID-19. Please contact John Saltonstall at firstname.lastname@example.org or 928-213-2966 for more information.
Coconino County Economic Development Offices
These offices share information on programs that assist businesses and the labor force in adjusting to new conditions created by COVID-19. Please contact Chris Pasterz at email@example.com or 928-679-7134 for more information.
Please also see general information on Coconino County resources for business owners.
City of Flagstaff
The City of Flagstaff Economic Development Offices also work to provide information and programs to assist arts, culture and community science organizations to adjust and navigate conditions caused by COVID-19. Please contact Eliza Kretzmann at firstname.lastname@example.org or 928-213-2969 (please leave a voicemail to receive a callback) for more information. Selected opportunities to donate or apply for support are listed below.
Flagstaff Arts Council
The community has come together along with Flagstaff Arts Council and the City of Flagstaff to provide COVID-19 Relief Funding to our local art, culture and science nonprofits. Already 15 organizations were awarded micro-grants, and we now have more funding through city funding and private donations to help this sector during these challenging times. To apply or for more information, visit https://flagstaffartscouncil.submittable.com/. Over $85,000 will be granted in this second round, thanks to the City Council approving additional funding from the city and from private donations.
- Artwork Archive has developed a list of financial relief resources for artists during COVID-19.
- Americans for the Arts has created a COVID-19 Resources and Response Center.
- The National Endowment for the Arts has established a list of resources for artists and arts organizations. The Endowment also received CARES Act funding for state arts agencies to re-grant to arts and culture organizations impacted by the COVID-19 pandemic.
- The Arizona Commission on the Arts has compiled information and Resources for Arizona’s Artists and Arts Sector.
- The Flagstaff Arts Council provides grants to local non-profits.
- The Craft Futures Fund will support craft communities throughout the United States and their creative responses to COVID-19. These one-time, unrestricted grants of $5,000 will be disbursed to craft-based education projects that seed resilience, foster community, and amplify impact.