ASBA News Alert: CARES Act & More

review herein please for a genera update for small businesses.
From: Emma Lenihan <elenihan@asba.com>

Date: March 27, 2020 at 12:15:59 PM MST
To: Angel Juarez <ajuarez@azlegion.org>
Subject: ASBA News Alert: CARES Act & More



24 HOURS OF NEWS & INFO

1. CARES Act Awaiting Approval

Today, the House has voted and the POTUS is expected to sign the CARES Act, which will provide relief to US residents and businesses. One of the most encouraging sections of the CARES Act is the nearly $350B available for small businesses through the Paycheck Protection Program. These funds will be made quickly available for eligible small businesses through approved banks and lenders. Find out if your business is eligible and more CARES Acts facts and information here.

Read this insight to find out more about the expanded eligibility for the Small Business Administration Economic Injury Disaster Loan (EIDL) and small business debt relief.

2. Arizona@Work Job Portal

The Arizona Department of Econoic Security (DES), Arizona Commerce Authority (ACA), and Arizona Office of Economic Opportunity (OEO) have partnered together to create the Arizona@Work free job portal for job seekers and employers. At Arizona@Work, employers will also find resources specific to employee training programs, recruitment resources and workforce reduction support. Unemployed individuals will have access to job fairs, resume assistance, training and education, and Unemployment Insurance Benefits. Read more on the Arizona@Work FAQ.

3. Gov. Ducey’s Launch of ArizonaTogether.org
Governor Ducey launched Arizona Together as a resource designed to support AZ individuals and businesses. At ArizonaTogether.org, you can also find volunteer and donation opportunities to support non-profits and local organizations working to provide relief during the COVID-19 outbreak. #AZTogether

4. Local Activity

ASBA has updated our COVID-19 Resource Page to include 24 chambers and visitor bureau’s resources in your local community. Find our what your city is doing to support small businesses and how can get involved here.

HEADS UP
Need help applying for the Economic Industry Disaster Loan (EIDL)? Have questions about employee sick leave? ASBA will be bringing on the experts to mentor you one-on-one. More information coming soon.
You spoke and we listened! We appreciate your participation on our COVID-19 Impact Survey. ASBA is excited to share the results with you! You can expect them early next week.
ASBA has gathered the most up-to-date, and relevant materials on our website to keep you informed. Our resources are updated daily so continue to check in and find out what’s happening today.
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