Resources for Businesses and Non-profits Impacted by COVID-19
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 as loans are issued on a first-come, first-served basis and funding for the PPP is likely to run out soon.
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, the Treasury and the US Chamber of Commerce. The 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.
SBA Economic Injury Disaster Loan (EIDL)
*Small business owners who are interested in applying for an EIDL should monitor the application portal frequently and apply as soon as possible when it opens as loans are issued on a first-come, first-served basis.
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 also created a helpful presentation on EIDLs for COVID-19-related economic disruptions
SBA Economic Injury Disaster Loan Emergency Advance
*Please note that new federal funding was approved for the Economic Injury Disaster Loan Emergency Advance on April 24 and the SBA will begin accepting applications again as soon as possible.
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.
- 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 (firstname.lastname@example.org) or Tess (email@example.com) 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.
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 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.
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 firstname.lastname@example.org for your invitation to attend. Check out the PowerPoint presentation from the May 21 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.
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 email@example.com 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 firstname.lastname@example.org 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 email@example.com 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.
Relief Grants for Local Art, Science and Culture Nonprofits – Deadline Soon:
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.
National Endowment for the Arts Grants
As part of the Coronavirus Aid, Relief, and Economic Security (CARES) Act, the National Endowment for the Arts allocated funds for state arts agencies to re-grant to arts and culture organizations impacted by the COVID-19 pandemic. The Arizona Commission on the Arts will administer the AZ CARES Grant program in support of arts and culture organizations across the state of Arizona. AZ CARES Grant guidelines will be published at https://azarts.gov/grant/azcares/ on Tuesday, May 12, 2020. The application portal will open the same day.
The Arizona Commission on the Arts will distribute $428,700 in CARES Act funding via grants to arts and culture organizations. Operating support grants of $5,000-$7,500 will be awarded to applicant organizations who demonstrate strong alignment with review criteria and program funding priorities. Eligible applicants are organizations that received an Arizona Commission on the Arts Community Investment Grant (CIG) in Fiscal Year 2019 or Fiscal Year 2020 and incurred or will incur expenses related to salaries, artist fees, contract personnel, or facilities costs during a period of time beginning March 1, 2020, and ending September 1, 2020.
- 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.
- 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.